Key Points
- Samuel Yount, a NerdWallet insider, sold 5,040 shares on Nov. 24 at $14.28 for $71,971, leaving him with 384,061 shares (~$5.48M); combined with prior Nov. 13 and Nov. 14 sales he sold about 17,690 shares worth roughly $253,325 this month.
- NerdWallet beat Q3 estimates with $0.34 EPS vs. $0.20 expected and $215.1M revenue (up 12.4% YoY), the stock trades near $15.06 with a $1.10B market cap, and analysts’ consensus is a Moderate Buy with a $15.40 target amid several upward price-target revisions.
NerdWallet, Inc. (NASDAQ:NRDS - Get Free Report) insider Samuel Yount sold 5,040 shares of the business's stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $14.28, for a total value of $71,971.20. Following the completion of the sale, the insider directly owned 384,061 shares of the company's stock, valued at approximately $5,484,391.08. This trade represents a 1.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.
Samuel Yount also recently made the following trade(s):
- On Friday, November 14th, Samuel Yount sold 521 shares of NerdWallet stock. The stock was sold at an average price of $14.25, for a total transaction of $7,424.25.
- On Thursday, November 13th, Samuel Yount sold 12,129 shares of NerdWallet stock. The stock was sold at an average price of $14.34, for a total transaction of $173,929.86.
NerdWallet Price Performance
NerdWallet stock traded up $0.39 during mid-day trading on Thursday, reaching $15.06. The stock had a trading volume of 665,318 shares, compared to its average volume of 814,437. The company has a market capitalization of $1.10 billion, a price-to-earnings ratio of 15.69 and a beta of 1.45. The company has a 50-day moving average price of $12.01 and a two-hundred day moving average price of $11.17. NerdWallet, Inc. has a one year low of $7.55 and a one year high of $15.27.
NerdWallet (NASDAQ:NRDS - Get Free Report) last released its quarterly earnings results on Thursday, November 6th. The company reported $0.34 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.20 by $0.14. The business had revenue of $215.10 million during the quarter, compared to the consensus estimate of $193.31 million. NerdWallet had a return on equity of 9.27% and a net margin of 9.22%.NerdWallet's quarterly revenue was up 12.4% on a year-over-year basis. NerdWallet has set its Q4 2025 guidance at EPS. On average, equities research analysts anticipate that NerdWallet, Inc. will post 0.36 earnings per share for the current fiscal year.
Institutional Investors Weigh In On NerdWallet
Several large investors have recently added to or reduced their stakes in the business. Tower Research Capital LLC TRC raised its stake in NerdWallet by 37.1% in the second quarter. Tower Research Capital LLC TRC now owns 3,893 shares of the company's stock valued at $43,000 after buying an additional 1,054 shares in the last quarter. Polymer Capital Management US LLC acquired a new stake in shares of NerdWallet during the third quarter worth $111,000. Olympiad Research LP purchased a new stake in shares of NerdWallet in the third quarter valued at about $119,000. Prelude Capital Management LLC purchased a new position in shares of NerdWallet during the 3rd quarter worth approximately $119,000. Finally, Lazard Asset Management LLC purchased a new stake in shares of NerdWallet during the 2nd quarter worth $129,000. 38.81% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several analysts have issued reports on the stock. Morgan Stanley raised their price objective on shares of NerdWallet from $12.00 to $14.00 and gave the stock an "equal weight" rating in a research note on Monday, November 10th. KeyCorp raised their price target on shares of NerdWallet from $15.00 to $16.00 and gave the company an "overweight" rating in a report on Friday, November 7th. Weiss Ratings restated a "hold (c)" rating on shares of NerdWallet in a research note on Wednesday, October 8th. Truist Financial increased their price target on shares of NerdWallet from $17.00 to $19.00 and gave the stock a "buy" rating in a report on Monday, November 10th. Finally, Zacks Research upgraded NerdWallet from a "hold" rating to a "strong-buy" rating in a research note on Monday, November 10th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat.com, NerdWallet presently has a consensus rating of "Moderate Buy" and a consensus target price of $15.40.
View Our Latest Report on NRDS
NerdWallet Company Profile
(
Get Free Report)
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.
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