Bitcoin set for a rebound that could stretch toward $100000, BTIG says
Nerdy Inc. (NASDAQ:NRDY) Chief Executive Officer Charles K. Cohn recently purchased shares of the company’s Class A Common Stock, according to a Form 4 filing with the Securities and Exchange Commission. On November 21, 2025, Cohn acquired a total of 257,210 shares in two separate transactions, for a total value of $273,342. This insider buying comes as the stock has shown significant volatility, with NRDY shares rallying 27.21% over the past week despite being down 33.95% year-to-date, according to InvestingPro data.
The purchases were made at prices ranging from $1.06 to $1.07. Specifically, 187,200 shares were bought at $1.06 each, and 70,010 shares were bought at $1.07 each. The shares were acquired indirectly through Cohn Family Trusts. Cohn’s acquisition price sits near the stock’s 52-week low of $0.77 and well below its 52-week high of $2.18. InvestingPro’s Fair Value analysis suggests the stock is currently undervalued.
Following these transactions, Cohn directly owns 9,258,298 shares of Nerdy Inc.’s Class A Common Stock. He also indirectly owns 1,037,533 shares through the Cohn Family Trust 5/24/18, 31,053,279 shares through the Cohn Family Trust U/A/D 3/16/2017, 13,194,231 shares through Rarefied Air Capital LLC, and 810,704 shares through the Cohn Family Investments Trust dtd 5/24/18. The CEO’s substantial stake represents a significant portion of Nerdy’s $200.45 million market capitalization. While the company holds more cash than debt on its balance sheet, InvestingPro identifies 15 additional key insights about NRDY in its comprehensive Pro Research Report, available for subscribers along with analysis of 1,400+ US equities.
In other recent news, Nerdy Inc. reported its third-quarter 2025 earnings, showing a slight revenue decline with a total revenue of $37 million, marking a 1% decrease compared to the previous year. The company also reported an adjusted EBITDA loss of $10.2 million, which is an improvement from the $14 million loss reported in the same quarter last year. Goldman Sachs and Cantor Fitzgerald both lowered their price targets for Nerdy to $1.00 from $1.50, while maintaining Neutral ratings. Goldman Sachs cited product launch delays and technical debt as reasons for the lower revenue, which came in at the low end of expectations. Cantor Fitzgerald noted a slight revenue miss compared to FactSet consensus estimates but highlighted Nerdy’s better-than-expected performance in profitability metrics such as operating income, earnings per share, and free cash flow. Despite these developments, Nerdy’s stock remained relatively stable in after-hours trading. These recent developments reflect the company’s ongoing challenges and achievements in its financial performance.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.