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Nerdy Inc. (NASDAQ:NRDY) Chief Executive Officer Charles K. Cohn acquired 270,578 shares of Class A Common Stock on November 19, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were purchased at a weighted average price of $0.91, with individual prices ranging from $0.85 to $0.94, for a total transaction value of $246,225. This insider purchase comes as NRDY shares have fallen significantly over the last six months, down nearly 38%, while the stock has recently shown a strong 13% rebound in the past week. According to InvestingPro analysis, Nerdy appears undervalued at its current price of $0.96.
Following the transaction, the shares owned by Cohn Family Trust U/A/D 3/16/2017 is 30,779,769.
Cohn also directly owns 9,258,298 shares of Class A Common Stock, which represents Restricted Stock Units (RSUs) issued under the Nerdy Inc. 2021 Equity Incentive Plan
In other recent news, Nerdy Inc. reported its third-quarter 2025 earnings, showing a slight revenue decline of 1% year-over-year, resulting in $37 million in revenue. The company’s adjusted EBITDA loss improved to $10.2 million from a $14 million loss in the same quarter last year. Despite these mixed results, Nerdy exceeded expectations in profitability metrics, including operating income, earnings per share, and free cash flow. Goldman Sachs and Cantor Fitzgerald both lowered their price targets for Nerdy to $1.00 from $1.50, maintaining Neutral ratings. Goldman Sachs cited product launch delays and technical debt as reasons for the revenue performance being at the low end of expectations. Cantor Fitzgerald noted a slight revenue miss compared to FactSet consensus estimates. These developments reflect the company’s ongoing platform overhaul and the challenges it faces in achieving expected momentum.
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