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Nerdy Inc. (NYSE:NRDY) Chief Financial Officer Jason H. Pello sold 29,530 shares of Class A Common Stock on June 16, 2025, at a price of $1.61, in a transaction totaling $47,543. The education technology company, currently valued at $295 million, has maintained impressive gross profit margins of 65% despite recent stock volatility. According to InvestingPro analysis, the stock has declined 11% over the past week.
Following the transaction, Pello directly owns 1,930,604 shares, which includes 997,914 restricted stock units. While the company maintains a healthy current ratio of 2.05, indicating strong short-term liquidity, InvestingPro data reveals 10+ additional key insights about Nerdy’s financial health and valuation metrics.
The sale was executed to cover taxes due as a result of the vesting of 67,641 restricted stock units. The shares were automatically sold pursuant to Nerdy Inc.’s sell-to-cover program to satisfy federal and state tax withholding obligations.
In other recent news, Nerdy Inc. reported its Q1 2025 earnings, with a revenue of $47.6 million, surpassing analyst expectations of $46.17 million. Despite the revenue beat, the company’s gross profit declined by 24% year-over-year, resulting in a non-GAAP adjusted EBITDA loss of $6.4 million. The company is focusing on AI-driven solutions to enhance its services, with new AI-driven products launched to signal innovation in the education sector. Analysts at JMP maintained a Market Perform rating for Nerdy, noting the potential of AI integration but emphasizing the need for tangible improvements in business outcomes. They also highlighted potential challenges, such as the expiration of ESSER funding, which could impact institutional revenue in 2025. Nerdy expects learning membership revenue to return to growth in Q2 2025 and has set a full-year revenue guidance of $191.5-$200 million. The company aims to achieve positive EBITDA and operating cash flow by Q4 2025, leveraging AI to drive operational efficiency. These developments underscore Nerdy’s ongoing efforts to refine its product offerings and pricing strategy amid evolving market conditions.
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