Insider Selling: NerdWallet, Inc. (NASDAQ:NRDS) Insider Sells $16,905.00 in Stock

NerdWallet, Inc. (NASDAQ:NRDSGet Rating) insider Kevin Yuann sold 1,500 shares of the firm’s stock in a transaction that occurred on Monday, September 12th. The shares were sold at an average price of $11.27, for a total value of $16,905.00. Following the completion of the sale, the insider now directly owns 213,203 shares of the company’s stock, valued at $2,402,797.81. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Kevin Yuann also recently made the following trade(s):

  • On Wednesday, August 10th, Kevin Yuann sold 1,500 shares of NerdWallet stock. The shares were sold at an average price of $10.11, for a total value of $15,165.00.
  • On Monday, July 11th, Kevin Yuann sold 1,500 shares of NerdWallet stock. The shares were sold at an average price of $8.83, for a total value of $13,245.00.

NerdWallet Stock Down 5.2 %

NASDAQ NRDS opened at $10.98 on Friday. NerdWallet, Inc. has a 1-year low of $7.07 and a 1-year high of $34.44. The business has a 50 day moving average price of $9.88 and a 200 day moving average price of $10.20.

Analyst Ratings Changes

Separately, KeyCorp reduced their price target on NerdWallet from $27.00 to $15.00 and set an “overweight” rating for the company in a report on Thursday, August 4th. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $22.79.

Hedge Funds Weigh In On NerdWallet

Several hedge funds have recently bought and sold shares of the company. Goldman Sachs Group Inc. increased its stake in NerdWallet by 500.4% in the 2nd quarter. Goldman Sachs Group Inc. now owns 163,352 shares of the company’s stock valued at $1,295,000 after purchasing an additional 136,144 shares in the last quarter. Price T Rowe Associates Inc. MD increased its stake in NerdWallet by 2.2% in the 2nd quarter. Price T Rowe Associates Inc. MD now owns 2,316,221 shares of the company’s stock valued at $18,368,000 after purchasing an additional 49,443 shares in the last quarter. Occudo Quantitative Strategies LP purchased a new position in NerdWallet in the 2nd quarter valued at approximately $441,000. State Street Corp increased its stake in NerdWallet by 949.5% in the 2nd quarter. State Street Corp now owns 263,905 shares of the company’s stock valued at $2,093,000 after purchasing an additional 238,760 shares in the last quarter. Finally, PDT Partners LLC purchased a new position in NerdWallet during the second quarter worth $157,000. 29.40% of the stock is owned by hedge funds and other institutional investors.

NerdWallet Company Profile

(Get Rating)

NerdWallet, Inc operates a digital platform that provides consumer-driven advice about personal finance by connecting individuals and small and mid-sized businesses with financial products providers. The company's platform offers guidance to consumers through educational content, tools and calculators, and product marketplaces, as well as NerdWallet app for various financial products, including credit cards, mortgages, insurance, SMB products, personal loans, banking, investing, and student loans.

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Insider Buying and Selling by Quarter for NerdWallet (NASDAQ:NRDS)

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