Nerdy (NRDY) CEO Charles Cohn Buys $250K of Stock

Nerdy Inc.'s Chief Executive Officer, Charles Cohn, made a significant purchase of 250,007 shares of the company on June 15, 2026. He acquired the shares at a price of $1.00 each, amounting to a total transaction value of $250,007. This purchase was not part of a pre-planned trading program.

Insider Buying and Selling at Nerdy Inc.

Charles Cohn has been actively buying shares of Nerdy Inc. In addition to his recent purchase on June 15, he bought 251,081 shares on June 12 at $1.00 per share, 258,204 shares on June 11 at $0.97 per share, and 219,019 shares on June 10 at $0.91 per share. Another insider, Christopher Swenson, the Chief Legal Officer, sold 22,796 shares at $0.80 on May 18.

Other Institutional Activity in Nerdy Inc.

Among Nerdy Inc.'s institutional investors, BlackRock, Inc. reduced its holdings by 85,176 shares, leaving it with 4,278,560 shares worth about $3.49 million. Technology Crossover Management VIII, Ltd. maintained its position with 3,949,791 shares valued at $3.22 million. Vanguard Capital Management LLC added 2,541,565 shares, bringing its total to 2,541,565 shares valued at $2.07 million. Franklin Resources Inc. cut its position by 241,963 shares, holding 2,307,449 shares worth $1.88 million. Geode Capital Management, LLC increased its stake by 114,821 shares to 1,671,838 shares valued at $1.37 million.

Nerdy Inc. Stock Down 90.3%

Shares of NYSE:NRDY are trading around $1.00. Nerdy Inc. has a market capitalization of approximately $118.2 million. The company does not have a meaningful P/E ratio due to its lack of profitability, but it has a forward P/E of -93.5. The stock's beta is 1.762, indicating higher volatility compared to the market. Over the past year, the stock has ranged from $0.75 to $1.74, with a 50-day moving average of $0.87 and a 200-day moving average of $1.03.

Recent Earnings

In its most recent financial report, Nerdy Inc. posted revenue of $180.13 million, reflecting a modest growth of 2.4%. The company is not currently profitable, with a net margin of -18.6% and a return on equity of -124.5%. Nerdy is scheduled to release its next earnings report on August 6, 2026.

Analysts Set New Price Targets

On February 27, 2026, Needham reiterated its buy rating for Nerdy Inc. with a price target of $2.00. Cantor Fitzgerald maintained a hold rating with a target price of $1.00 on November 7, 2025. The consensus among analysts is a target mean price of $1.62, based on two opinions.

About Nerdy Inc.

Nerdy Inc. is a technology company based in Saint Louis, Missouri, specializing in online learning platforms. Founded in 2007, the company connects students and educators through its AI-driven platform. It offers a variety of learning experiences, including one-on-one tutoring, group classes, and self-study tools. Nerdy operates under the brands Varsity Tutors and Varsity Tutors for Schools, providing educational solutions directly to consumers and through educational systems.

Bottom Line

Nerdy Inc.'s CEO, Charles Cohn, has shown confidence in the company's prospects with his recent stock purchases. Investors often track insider activity for insights into company leadership's outlook. As a reminder, these insider transactions are disclosed after the fact and may not reflect the current position. Nerdy continues to focus on expanding its online learning platform despite current financial challenges.