Nerdy CFO Atul Bagga sells $14,082 in stock

Nerdy Inc. (NASDAQ:NRDY) Chief Financial Officer Atul Bagga sold shares of the company’s Class A Common Stock on October 16, 2026. Bagga disposed of 2,355 shares at a price of $5.98 per share, totaling $14,082.

The sale was conducted to cover tax withholding obligations stemming from the vesting of 8,334 restricted stock units. These shares were automatically sold through the Issuer’s sell-to-cover program.

Following this transaction, Bagga beneficially owns 95,215 shares of Nerdy Inc. This total includes 11,883 shares of Class A Common Stock and 83,332 restricted stock units. The reported share numbers reflect a 1-for-15 reverse stock split of the company’s common stock that took effect on August 19, 2026.The insider sale comes as NRDY shares have declined 55% over the past six months, currently trading at $6.29. Despite recent volatility, InvestingPro analysis suggests the stock is undervalued, with a Fair Value estimate indicating potential upside. Investors can access detailed valuation metrics and 16 additional ProTips on InvestingPro’s Most Undervalued stocks list, along with comprehensive Pro Research Reports covering NRDY and 1,400+ other US equities.

In other recent news, Nerdy Inc. reported its second-quarter earnings, revealing a revenue of $43.3 million. This figure slightly surpassed Wall Street’s estimate of $43 million. Despite this revenue beat, the company faced a weaker outlook, which seemed to concern investors. The focus on improving margins and reducing losses was highlighted during the earnings call. Analysts noted that while the revenue figures were positive, the forward-looking guidance might have tempered investor enthusiasm. These developments are part of Nerdy Inc.’s ongoing efforts to navigate the current market environment. The earnings announcement comes amid a series of strategic moves by the company to enhance its financial performance.