NerdyNRDY
Market Cap: $122M
About: Nerdy Inc is a curated direct-to-consumer platform for live online learning. Its purpose-built proprietary platform leverages technology, including AI, to connect learners of all ages to experts, delivering superior value on both sides of the network. Its comprehensive learning destination provides learning experiences across various subjects and multiple formats including one-on-one instruction, small group classes, large format group classes, and adaptive self-study.
Employees: 700
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
131% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 16
14% more call options, than puts
Call options by funds: $64K | Put options by funds: $56K
4.24% more ownership
Funds ownership: 68.27% [Q1] → 72.52% (+4.24%) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]
21% less funds holding
Funds holding: 110 [Q1] → 87 (-23) [Q2]
38% less capital invested
Capital invested by funds: $213M [Q1] → $132M (-$80.7M) [Q2]
68% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 34
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Needham Ryan MacDonald 57% 1-year accuracy 32 / 56 met price target | 84%upside $2 | Buy Maintained | 9 Aug 2024 |
JMP Securities Andrew Boone 62% 1-year accuracy 32 / 52 met price target | 177%upside $3 | Market Outperform Maintained | 9 Aug 2024 |
Northland Capital Markets Greg Gibas 33% 1-year accuracy 1 / 3 met price target | 177%upside $3 | Market Perform Downgraded | 9 Aug 2024 |
Barclays Ross Sandler 0 / 0 met price target | 177%upside $3 | Equal-Weight Maintained | 9 Aug 2024 |
Financial journalist opinion
Based on 12 articles about NRDY published over the past 30 days