Needham analyst Ryan MacDonald maintained a Buy rating on Nerdy (NRDY – Research Report) today and set a price target of $5.00. The company’s shares closed yesterday at $2.65.
MacDonald covers the Technology sector, focusing on stocks such as Phreesia, Udemy Inc, and Verint Systems. According to TipRanks, MacDonald has an average return of 11.0% and a 47.91% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Nerdy with a $4.33 average price target.
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NRDY market cap is currently $430.3M and has a P/E ratio of 24.11.
Based on the recent corporate insider activity of 37 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of NRDY in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
TPG Pace Tech Opportunities Corp is a blank check company.
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