Nerdy Inc (NYSE: NRDY) May Be Attracting Institutional Investments

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

Nerdy Inc is listed on the NYSE as a member of the Technology sector and is a part of the Software – Application industry. The current market capitalization of Nerdy Inc is $339.11M. A total of 1.22 million shares were traded on the day, compared to an average of 2.27M shares.

In the most recent transaction, Pello Jason H. sold 30,242 shares of NRDY for 1.84 per share on Dec 16 ’24. After the transaction, the Chief Financial Officer now owns 2,225,186 company shares. In a previous transaction on Dec 13 ’24, Cohn Charles K. bought 3,000,000 shares at 1.70 per share. NRDY shares that Chief Executive Officer owns now total 28,509,191.

Among the insiders who bought shares, Cohn Charles K. acquired of 2,000,000 shares on Dec 16 ’24 at a per-share price of $1.99. This resulted in the Chief Executive Officer holding 30,509,191 shares of NRDY after the transaction. In another insider transaction, Swenson Christopher C. sold 25,000 shares at $1.49 per share on Dec 13 ’24. Company shares held by the Chief Legal Officer now total 1,743,248.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, NRDY has a high of $3.60 and a low of $0.73.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. NRDY’s latest balance sheet shows that the firm has $143.96M in Cash & Short Term Investments as of fiscal 2021. There were $0.00 in debt and $41.91M in liabilities at the time. Its Book Value Per Share was $0.38, while its Total Shareholder’s Equity was $95.81M.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for NRDY is Buy with a score of 2.89.

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