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Director Abigail Blunt of Nerdy Inc (NYSE:NRDY) recently purchased 25,000 shares of the company’s Class A Common Stock. The transactions, which occurred on August 29, 2025, involved a total investment of $34,000. According to InvestingPro data, this insider purchase comes as the stock trades significantly below its Fair Value, with shares down 19% year-to-date despite the company’s strong gross profit margins of 64%.
The shares were bought at prices ranging from $1.35 to $1.36. Following the transaction, Blunt directly owns 226,000 shares of Nerdy Inc. The company maintains a healthy balance sheet with more cash than debt and a strong current ratio of 2.13. For deeper insights into insider trading patterns and comprehensive financial analysis, explore InvestingPro, which offers 8 additional key insights about NRDY’s financial health and market position.
In other recent news, Nerdy Inc. announced its Q2 2025 earnings, revealing a mixed financial performance. The company’s earnings per share were reported at -$0.0414, surpassing analyst expectations of -$0.0574, which marked a positive surprise of 27.87%. However, revenue did not meet forecasts, coming in at $45.3 million compared to the expected $46.59 million. This revenue shortfall has raised concerns among investors. Additionally, Nerdy has appointed John Paszterko as its new Chief Operating Officer. Paszterko brings extensive experience from his previous role at Amazon, where he led a team focused on process improvement in North America. These developments are part of Nerdy’s ongoing efforts to strengthen its leadership team and address financial challenges.
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