Nerdy Inc’s filing revealed that its Director Blunt Abigail acquired Company’s shares for reported $11792.0 on May 23 ’25. In the deal valued at $1.60 per share,7,370 shares were bought. As a result of this transaction, Blunt Abigail now holds 196,000 shares worth roughly $0.31 million.
Then, Blunt Abigail bought 5,000 shares, generating $8,100 in total proceeds. Upon buying the shares at $1.62, the Director now owns 201,000 shares.
Before that, Pello Jason H. sold 76,794 shares. Nerdy Inc shares valued at $128,246 were divested by the Chief Financial Officer at a price of $1.67 per share. As a result of the transaction, Pello Jason H. now holds 1,960,134 shares, worth roughly $3.12 million.
JP Morgan downgraded its Nerdy Inc [NRDY] rating to an Underweight from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including JMP Securities’s analysts, who decreased its forecast for the stock in early November from “a Mkt outperform” to “a Mkt perform”. Cantor Fitzgerald also remained covering NRDY and has decreased its forecast on November 08, 2024 with a “Neutral” recommendation from previously “an Overweight” rating. Raymond James revised its rating on August 09, 2024. It rated NRDY as “a Mkt perform” which previously was an “an Outperform”.
Price Performance Review of NRDY
On Friday, Nerdy Inc [NYSE:NRDY] saw its stock fall -5.92% to $1.59. Over the last five days, the stock has lost -10.67%. Nerdy Inc shares have fallen nearly -1.85% since the year began. Nevertheless, the stocks have fallen -9.14% over the past one year. While a 52-week high of $2.18 was reached on 02/14/25, a 52-week low of $0.73 was recorded on 04/07/25.
Levels Of Support And Resistance For NRDY Stock
The 24-hour chart illustrates a support level at 1.5700, which if violated will result in even more drops to 1.5500. On the upside, there is a resistance level at 1.6300. A further resistance level may holdings at 1.6700.
How much short interest is there in Nerdy Inc?
A steep rise in short interest was recorded in Nerdy Inc stocks on 2025-05-30, growing by 39931.0 shares to a total of 6.32 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 6.28 million shares. There was a rise of 0.63%, which implies that there is a positive sentiment for the stock.
