Insider Sell: Christopher Swenson Sells 35,000 Shares of Nerdy Inc (NRDY)

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Nov 23, 2024

On November 20, 2024, Christopher Swenson, Chief Legal Officer of Nerdy Inc, sold 35,000 shares of the company. Following this transaction, the insider now owns 1,768,248 shares of Nerdy Inc. The details of this transaction can be found in the SEC Filing. Nerdy Inc (NRDY, Financial) is a company that operates a platform for live online learning. The platform connects students, parents, and professionals with experts and instructors in various subjects and topics. The company aims to provide personalized learning experiences through its technology-driven solutions. 1860115308317143040.png Over the past year, Christopher Swenson has sold a total of 120,000 shares and has not purchased any shares. The insider transaction history for Nerdy Inc shows that there have been 20 insider buys and 12 insider sells over the past year. 1860115335131328512.png As of the day of the recent transaction, shares of Nerdy Inc were trading at $1.24, giving the stock a market cap of $161.606 million. The GF Value of the stock is estimated at $2.59, resulting in a price-to-GF-Value ratio of 0.48. This suggests that the stock is considered a "Possible Value Trap, Think Twice" based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also includes a GuruFocus adjustment factor based on the company’s past returns and growth, as well as future estimates of business performance from Morningstar analysts.

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