American Century Companies Inc. Buys 27,362 Shares of NerdWallet, Inc. $NRDS

American Century Companies Inc. boosted its stake in NerdWallet, Inc. (NASDAQ:NRDS) by 128.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 48,599 shares of the company’s stock after acquiring an additional 27,362 shares during the quarter. American Century Companies Inc. owned 0.07% of NerdWallet worth $440,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in NRDS. RHS Financial LLC bought a new stake in NerdWallet in the 1st quarter valued at $100,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of NerdWallet by 57.5% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 14,769 shares of the company’s stock valued at $134,000 after purchasing an additional 5,389 shares in the last quarter. Corton Capital Inc. bought a new stake in shares of NerdWallet in the first quarter valued at about $137,000. Point72 Asia Singapore Pte. Ltd. lifted its holdings in shares of NerdWallet by 3,417.4% in the fourth quarter. Point72 Asia Singapore Pte. Ltd. now owns 10,517 shares of the company’s stock valued at $140,000 after purchasing an additional 10,218 shares in the last quarter. Finally, Fox Run Management L.L.C. bought a new stake in shares of NerdWallet in the first quarter valued at about $154,000. 38.81% of the stock is owned by institutional investors.

NerdWallet Stock Performance

NRDS opened at $10.68 on Friday. NerdWallet, Inc. has a 52-week low of $7.55 and a 52-week high of $16.45. The firm has a market capitalization of $811.68 million, a PE ratio of 17.23 and a beta of 1.44. The business’s 50-day simple moving average is $10.56 and its 200 day simple moving average is $10.11.

NerdWallet (NASDAQ:NRDS) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.11 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.11. NerdWallet had a return on equity of 2.54% and a net margin of 6.11%.The company had revenue of $186.90 million for the quarter, compared to analysts’ expectations of $195.32 million. During the same quarter in the prior year, the business posted ($0.12) EPS. The business’s revenue was up 24.1% compared to the same quarter last year. NerdWallet has set its Q3 2025 guidance at EPS. On average, research analysts forecast that NerdWallet, Inc. will post 0.36 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms have commented on NRDS. Barclays cut their target price on NerdWallet from $17.00 to $14.00 and set an “overweight” rating on the stock in a research note on Friday, August 8th. Truist Financial cut their price objective on shares of NerdWallet from $19.00 to $17.00 and set a “buy” rating on the stock in a research report on Monday, August 11th. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, NerdWallet has a consensus rating of “Moderate Buy” and an average target price of $13.60.

About NerdWallet

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 in the United States, the United Kingdom, Australia, and Canada. Its platform offers guidance to consumers through educational content, tools and calculators, and product marketplaces, as well as through NerdWallet app for various financial products, including credit cards, mortgages, insurance, SMB products, personal loans, banking, investing, and student loans.