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Abigail Blunt, a director at Nerdy Inc. (NYSE:NRDY), recently purchased 14,530 shares of the company’s Class A common stock. The acquisition, which took place on March 10, 2025, was valued at approximately $21,940. The shares were bought at a weighted average price of $1.51 per share, with the purchase occurring in multiple transactions at prices ranging from $1.50 to $1.53. The purchase comes as the stock, currently valued at a market cap of $277.32 million, has shown significant volatility, posting a remarkable 72% gain over the past six months despite recent weakness. According to InvestingPro analysis, the stock appears to be trading below its Fair Value.
Following this transaction, Blunt now holds a total of 188,630 shares in the company. This transaction was disclosed in a Form 4 filing with the Securities and Exchange Commission. Want deeper insights into NRDY’s valuation and performance metrics? InvestingPro subscribers have access to over 10 additional exclusive ProTips and a comprehensive Pro Research Report that provides detailed analysis of the company’s financial health and growth potential.
In other recent news, Nerdy Inc. reported its Q4 2024 earnings, revealing a 13% year-over-year decline in revenue to $48 million, although this figure surpassed the forecasted $44.94 million. Despite the revenue beat, the company’s ongoing challenges with profitability and a decrease in consumer learning membership revenue have tempered investor enthusiasm. Cantor Fitzgerald analyst Brett Knoblauch raised Nerdy’s stock target to $1.50, maintaining a Neutral rating, following the release of year-end results that exceeded expectations in several key financial metrics. The analyst highlighted the launch of new AI products as a potential growth driver, particularly in the Consumer segment.
Nerdy has introduced AI-driven tools such as AI-Driven Summarization & Insights and Tutor Copilot, which are designed to enhance the learning experience and improve operational efficiency. These innovations are expected to play a crucial role in the company’s strategy for 2025, as management focuses on leveraging AI to optimize operations without increasing staffing levels. The company projects its 2025 revenue to be between $190 million and $200 million, with expectations to achieve EBITDA and cash flow positivity by the fourth quarter.
CEO Chuck Tone emphasized the importance of AI in improving productivity and supporting teachers and administrators, which aligns with Nerdy’s goal of becoming the default learning platform. The company’s strategic focus on AI is seen as central to serving customers and achieving better economic outcomes. As the sales force gains experience, Cantor Fitzgerald anticipates that Nerdy’s growth could accelerate in the latter half of 2025.
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