NerdWallet, Inc. (NASDAQ:NRDS) Short Interest Update

18 Apr 2026, 00:40 by Scott Moore · The Cerbat Gem

NerdWallet, Inc. (NASDAQ:NRDS – Get Free Report) saw a large drop in short interest in March. As of March 31st, there was short interest totaling 5,106,596 shares, a drop of 15.4% from the March 15th total of 6,035,697 shares. Based on an average trading volume of 984,977 shares, the days-to-cover ratio is currently 5.2 days. Approximately 14.3% of the shares of the stock are short sold.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on NRDS. Morgan Stanley lowered NerdWallet from an “equal weight” rating to an “underweight” rating and lowered their target price for the stock from $14.00 to $9.00 in a research report on Friday, March 13th. Oppenheimer lowered their target price on NerdWallet from $18.00 to $15.00 and set an “outperform” rating for the company in a research report on Wednesday, March 4th. Truist Financial lowered their target price on NerdWallet from $19.00 to $18.00 and set a “buy” rating for the company in a research report on Thursday, February 26th. Wall Street Zen raised NerdWallet from a “buy” rating to a “strong-buy” rating in a research report on Sunday, April 12th. Finally, Zacks Research raised NerdWallet from a “strong sell” rating to a “hold” rating in a research report on Friday, March 27th. Four equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $14.33.

Get Our Latest Stock Analysis on NRDS

NerdWallet Stock Performance

Shares of NRDS stock traded up $0.15 during mid-day trading on Friday, hitting $10.95. The company’s stock had a trading volume of 397,972 shares, compared to its average volume of 661,990. The company’s fifty day simple moving average is $10.36 and its 200-day simple moving average is $12.07. NerdWallet has a 52 week low of $8.22 and a 52 week high of $16.24. The company has a market cap of $731.35 million, a PE ratio of 17.11 and a beta of 1.42.

NerdWallet (NASDAQ:NRDS – Get Free Report) last posted its quarterly earnings data on Wednesday, February 25th. The company reported $0.19 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.02. NerdWallet had a return on equity of 12.66% and a net margin of 5.82%.The firm had revenue of $225.40 million during the quarter, compared to analyst estimates of $211.37 million. During the same period last year, the company posted $0.51 EPS. The business’s quarterly revenue was up 22.6% on a year-over-year basis. On average, equities analysts anticipate that NerdWallet will post 0.36 earnings per share for the current year.

Insider Buying and Selling at NerdWallet

In related news, CAO Nicholas Tatum sold 10,151 shares of the firm’s stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $11.45, for a total transaction of $116,228.95. Following the sale, the chief accounting officer owned 47,202 shares of the company’s stock, valued at $540,462.90. This trade represents a 17.70% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Samuel Yount sold 71,988 shares of the firm’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $10.32, for a total value of $742,916.16. Following the sale, the insider directly owned 173,973 shares in the company, valued at approximately $1,795,401.36. This trade represents a 29.27% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 86,043 shares of company stock worth $901,317. 46.54% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in NRDS. Covestor Ltd bought a new position in shares of NerdWallet in the 4th quarter worth about $34,000. Tower Research Capital LLC TRC raised its position in shares of NerdWallet by 37.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,893 shares of the company’s stock worth $43,000 after acquiring an additional 1,054 shares in the last quarter. Polymer Capital Management US LLC bought a new position in shares of NerdWallet in the 3rd quarter worth about $111,000. Olympiad Research LP bought a new position in shares of NerdWallet in the 3rd quarter worth about $119,000. Finally, Prelude Capital Management LLC bought a new position in shares of NerdWallet in the 3rd quarter worth about $119,000. 38.81% of the stock is owned by institutional investors.

NerdWallet Company Profile

(Get Free Report)

NerdWallet (NASDAQ: NRDS) is a personal finance company that offers independent guidance and comparison tools to help consumers make informed financial decisions. Through its website and mobile application, NerdWallet provides a wide range of content, including articles, calculators and reviews covering credit cards, mortgages, personal loans, banking products, investing, insurance and taxes. The platform aggregates partner offers to enable side-by-side comparisons, while editorially maintaining objectivity to support users in identifying the products that best suit their individual needs.