Topline Capital Partners, Lp Sells 454,872 Shares of NerdWallet (NASDAQ:NRDS) Stock

Posted by Francis Steltz on Jun 30th, 2026

NerdWallet, Inc. (NASDAQ:NRDS – Get Free Report) major shareholder Topline Capital Partners, Lp sold 454,872 shares of the stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of $9.27, for a total transaction of $4,216,663.44. Following the completion of the sale, the insider owned 3,289,285 shares in the company, valued at $30,491,671.95. The trade was a 12.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Topline Capital Partners, Lp also recently made the following trade(s):

On Monday, June 29th, Topline Capital Partners, Lp sold 587,835 shares of NerdWallet stock. The stock was sold at an average price of $9.22, for a total value of $5,419,838.70.
On Friday, June 26th, Topline Capital Partners, Lp sold 919,153 shares of NerdWallet stock. The shares were sold at an average price of $8.95, for a total value of $8,226,419.35.

NerdWallet Stock Down 1.5%

Shares of NRDS stock traded down $0.14 on Tuesday, hitting $9.25. The company had a trading volume of 777,375 shares, compared to its average volume of 938,484. NerdWallet, Inc. has a twelve month low of $7.33 and a twelve month high of $16.24. The firm has a market cap of $608.64 million, a P/E ratio of 9.95 and a beta of 1.25. The company has a 50-day moving average price of $8.99 and a 200-day moving average price of $10.75.

NerdWallet (NASDAQ:NRDS – Get Free Report) last posted its earnings results on Wednesday, May 6th. The company reported $0.29 EPS for the quarter, topping the consensus estimate of $0.25 by $0.04. The firm had revenue of $222.20 million for the quarter, compared to analyst estimates of $227.63 million. NerdWallet had a return on equity of 18.33% and a net margin of 8.11%.The firm’s revenue for the quarter was up 6.2% on a year-over-year basis. Equities research analysts expect that NerdWallet, Inc. will post 0.85 EPS for the current year.

Analysts Set New Price Targets

A number of research firms have weighed in on NRDS. Morgan Stanley cut shares of NerdWallet from an “equal weight” rating to an “underweight” rating and cut their price objective for the company from $14.00 to $9.00 in a report on Friday, March 13th. Oppenheimer cut their price target on NerdWallet from $15.00 to $12.00 and set an “outperform” rating for the company in a research note on Monday, May 11th. Citigroup reduced their price target on NerdWallet from $13.00 to $11.00 and set a “neutral” rating for the company in a report on Monday, May 11th. Zacks Research upgraded NerdWallet from a “strong sell” rating to a “hold” rating in a research report on Tuesday, June 2nd. Finally, Weiss Ratings lowered NerdWallet from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, May 21st. Four research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $12.83.

Check Out Our Latest Analysis on NerdWallet

Hedge Funds Weigh In On NerdWallet

A number of large investors have recently added to or reduced their stakes in the stock. OP Asset Management Ltd purchased a new position in NerdWallet during the first quarter valued at $6,957,000. Millennium Management LLC increased its stake in shares of NerdWallet by 1,231.3% during the fourth quarter. Millennium Management LLC now owns 538,421 shares of the company’s stock worth $7,296,000 after purchasing an additional 497,978 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its position in shares of NerdWallet by 32.5% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,808,988 shares of the company’s stock worth $18,777,000 after purchasing an additional 444,038 shares during the last quarter. Principal Financial Group Inc. acquired a new position in shares of NerdWallet during the 1st quarter worth about $2,903,000. Finally, Tudor Investment Corp ET AL purchased a new position in NerdWallet in the 3rd quarter valued at about $2,812,000. 38.81% of the stock is currently owned by institutional investors and hedge funds.

About NerdWallet

(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.

Founded in 2009 by Tim Chen and Jacob Gibson, NerdWallet is headquartered in San Francisco and serves consumers primarily in the United States, with additional localized offerings in Canada and the United Kingdom.