Key Points
- Samuel Yount sold 10,000 NerdWallet shares on Nov. 26 at an average $15.07, trimming his stake by 2.6% to 374,061 shares; he sold roughly 27,690 shares in November totaling about $404,000.
- NerdWallet beat estimates with $0.34 EPS and $215.1M revenue (up 12.4%), prompting several firms to raise price targets and an average analyst rating of "Moderate Buy" with a $15.40 target.
- NRDS trades near its 52‑week high (opened $15.41; 52‑week high $15.75) and has a market cap of $1.12B with a PE ratio of 16.05.
NerdWallet, Inc. (NASDAQ:NRDS - Get Free Report) insider Samuel Yount sold 10,000 shares of the company's stock in a transaction that occurred on Wednesday, November 26th. The shares were sold at an average price of $15.07, for a total value of $150,700.00. Following the completion of the sale, the insider owned 374,061 shares in the company, valued at approximately $5,637,099.27. This represents a 2.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.
Samuel Yount also recently made the following trade(s):
- On Monday, November 24th, Samuel Yount sold 5,040 shares of NerdWallet stock. The stock was sold at an average price of $14.28, for a total value of $71,971.20.
- On Friday, November 14th, Samuel Yount sold 521 shares of NerdWallet stock. The shares were sold at an average price of $14.25, for a total value 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 value of $173,929.86.
NerdWallet Stock Performance
Shares of NASDAQ NRDS opened at $15.41 on Tuesday. NerdWallet, Inc. has a 52-week low of $7.55 and a 52-week high of $15.75. The business has a fifty day moving average of $12.24 and a two-hundred day moving average of $11.25. The stock has a market cap of $1.12 billion, a PE ratio of 16.05 and a beta of 1.42.
NerdWallet (NASDAQ:NRDS - Get Free Report) last announced its earnings results on Thursday, November 6th. The company reported $0.34 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.20 by $0.14. The business had revenue of $215.10 million during the quarter, compared to analysts' expectations of $193.31 million. NerdWallet had a net margin of 9.22% and a return on equity of 9.27%. The company's revenue for the quarter was up 12.4% compared to the same quarter last year. NerdWallet has set its Q4 2025 guidance at EPS. Analysts predict that NerdWallet, Inc. will post 0.36 earnings per share for the current year.
Analyst Ratings Changes
Several research firms have recently weighed in on NRDS. Truist Financial raised their price objective on shares of NerdWallet from $17.00 to $19.00 and gave the stock a "buy" rating in a report on Monday, November 10th. Barclays raised their price target on NerdWallet from $14.00 to $17.00 and gave the company an "overweight" rating in a report on Friday, November 7th. Weiss Ratings reissued a "hold (c)" rating on shares of NerdWallet in a research note on Wednesday, October 8th. Zacks Research upgraded NerdWallet from a "hold" rating to a "strong-buy" rating in a report on Monday, November 10th. Finally, KeyCorp lifted their price target on NerdWallet from $15.00 to $16.00 and gave the company an "overweight" rating in a report on Friday, November 7th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $15.40.
Get Our Latest Stock Analysis on NerdWallet
Institutional Investors Weigh In On NerdWallet
Hedge funds and other institutional investors have recently made changes to their positions in the company. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of NerdWallet by 57.5% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 14,769 shares of the company's stock worth $134,000 after acquiring an additional 5,389 shares during the last quarter. Vanguard Group Inc. increased its position in NerdWallet by 1.8% in the first quarter. Vanguard Group Inc. now owns 3,899,417 shares of the company's stock worth $35,290,000 after purchasing an additional 69,499 shares during the period. Deutsche Bank AG increased its position in NerdWallet by 58.2% in the first quarter. Deutsche Bank AG now owns 210,385 shares of the company's stock worth $1,904,000 after purchasing an additional 77,432 shares during the period. Connor Clark & Lunn Investment Management Ltd. raised its holdings in NerdWallet by 6.4% during the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 966,203 shares of the company's stock worth $8,744,000 after purchasing an additional 57,735 shares during the last quarter. Finally, Invesco Ltd. lifted its position in NerdWallet by 44.0% during the 1st quarter. Invesco Ltd. now owns 46,803 shares of the company's stock valued at $424,000 after purchasing an additional 14,291 shares during the period. 38.81% of the stock is owned by institutional investors and hedge funds.
About NerdWallet
(
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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
