NerdWallet (NRDS) Insider Partners Sells $5.4M of Stock
Insider sales at NerdWallet continue as LP Topline Capital Partners sells over $5 million in shares.
Reviewed by automated data checks against the source filing. How we make and check alerts
LP Topline Capital Partners sold 587,835 shares of NerdWallet, Inc. ($NRDS) at an average price of $9.22, worth about $5.42 million, on June 29, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $NRDS is up 1.0% after 1 week, up 2.3% after 1 month and up 6.8% to date (from the $9.39 close on Jun 29, 2026).
NRDS
NerdWallet, Inc.
Key Points
- On June 29, LP Topline Capital Partners sold 587,835 shares of NerdWallet, Inc. (NRDS) for about $5.42 million, at a price of $9.22 per share.
- NerdWallet currently trades at $9.25, close to its 52-week low of $7.33, creating an interesting backdrop for these trades.
- NerdWallet has a P/E ratio of 10.1 and is set to release its next earnings report on November 5, 2026.
Get $NRDS trade alerts by text
We text you when insiders, Congress or big funds trade $NRDS. Free.
Not investment advice. EarningsIQ is not a registered investment adviser, and this automated NerdWallet, Inc. alert may contain errors. Disclosures
Insider Buying and Selling at NerdWallet, Inc.
On June 29, LP Topline Capital Partners sold 587,835 shares of NerdWallet, Inc. (NRDS) for about $5.42 million. The shares were sold at a price of $9.22 each, just below the recent trading price of $9.25.
Recent Trades by Topline Capital
This sale marks a continuation of insider selling by LP Topline Capital Partners and its affiliate, LLC Topline Capital Management. On the same day, LLC Topline Capital Management also sold 587,835 shares, valued at roughly $5.42 million. Just the next day, on June 30, both firms sold an additional 454,872 shares at $9.27, worth about $4.22 million. This pattern of sales indicates a significant reduction in their stake in NerdWallet.
Stock Performance and Market Context
NerdWallet's stock is currently trading at $9.25, which is close to its 52-week low of $7.33. This recent selling activity comes as the stock is hovering just above its previous close of $9.05, reflecting potential concerns among insiders regarding future performance. The stock's P/E ratio stands at 10.1, suggesting that it is moderately valued compared to its earnings.
What NRDS Does
NerdWallet, Inc. operates a digital platform that offers financial advice to consumers and small to mid-sized businesses in several countries, including the United States and Canada. With a market cap of approximately $580 million, the company has seen steady revenue growth, but insider selling could impact investor sentiment.
What’s Next for NerdWallet
Looking ahead, investors will be watching for NerdWallet's next earnings report scheduled for November 5, 2026. As this story develops, more insider trading activity and upcoming financial disclosures could provide further insights into the company's future direction.
Related Filing Alerts
Source: LP Topline Capital Partners's Form 4 filing on $NRDS (Jun 29, 2026). Find the original filing: NRDS Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts