6 days Ago By Defense World Staff
Renaissance Technologies LLC lessened its holdings in Nerdy, Inc. ( NYSE:NRDY – Free Report ) by 52.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC).
The fund owned 919,441 shares of the company’s stock after selling 999,250 shares during the period. Renaissance Technologies LLC owned about 0.51% of Nerdy worth $1,489,000 at the end of the most recent quarter.
A number of other large investors also recently modified their holdings of NRDY. Geode Capital Management LLC boosted its stake in shares of Nerdy by 9.3% in the 3rd quarter.
Geode Capital Management LLC now owns 1,718,647 shares of the company’s stock worth $1,690,000 after buying an additional 145,575 shares during the last quarter. Sargent Investment Group LLC bought a new stake in shares of Nerdy during the 4th quarter valued at $153,000. Barclays PLC lifted its holdings in shares of Nerdy by 330.
4% in the third quarter. Barclays PLC now owns 103,960 shares of the company’s stock worth $102,000 after buying an additional 79,808 shares in the last quarter. Franklin Resources Inc.
lifted its stake in Nerdy by 2.0% in the 3rd quarter. Franklin Resources Inc.
now owns 4,100,644 shares of the company’s stock worth $4,224,000 after purchasing an additional 79,624 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position in shares of Nerdy by 33.
5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 230,538 shares of the company’s stock worth $373,000 after buying an additional 57,846 shares in the last quarter.
Institutional investors own 39.10% of the company’s stock. Wall Street Analysts Forecast Growth Separately, The Goldman Sachs Group lifted their target price on shares of Nerdy from $1.
00 to $1.50 and gave the company a “neutral” rating in a research report on Monday, March 3rd. One analyst has rated the stock with a sell rating, nine have issued a hold rating and one has assigned a buy rating to the company’s stock.
According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $2.31. Nerdy Price Performance Shares of Nerdy stock opened at $1.
68 on Tuesday. Nerdy, Inc. has a one year low of $0.
73 and a one year high of $2.82. The business’s 50 day simple moving average is $1.
51 and its two-hundred day simple moving average is $1.49. The stock has a market capitalization of $305.
60 million, a P/E ratio of -4.93 and a beta of 1.95.
Insider Buying and Selling at Nerdy In other news, CFO Jason H. Pello sold 75,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of $1.
51, for a total value of $113,250.00. Following the completion of the transaction, the chief financial officer now owns 2,068,805 shares in the company, valued at $3,123,895.
55. This trade represents a 3.50 % decrease in their position.
The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink . Also, insider Christopher C. Swenson sold 58,220 shares of the firm’s stock in a transaction on Tuesday, February 18th.
The shares were sold at an average price of $1.80, for a total value of $104,796.00.
Following the transaction, the insider now directly owns 1,685,028 shares of the company’s stock, valued at $3,033,050.40. This represents a 3.
34 % decrease in their position. The disclosure for this sale can be found here . Insiders sold 265,604 shares of company stock valued at $443,076 in the last quarter.
Company insiders own 50.94% of the company’s stock. Nerdy Profile ( Free Report ) Nerdy, Inc operates platform for live online learning.
The company's purpose-built proprietary platform leverages technology, including artificial intelligence to connect students, users, parents, guardians, and purchasers of various ages to tutors, instructors, subject matter experts, educators, and other professionals, delivering value on both sides of the network. See Also Five stocks we like better than Nerdy How to Evaluate a Stock Before Buying Best Defense Stocks in 2025..
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