Nerdy Inc. (NYSE: NRDY) Chief Executive Officer Charles K. Cohn has significantly increased his equity stake in the company through a recent insider purchase. On June 10, 2026, Cohn, who serves as CEO, Director, and a ten percent owner, acquired 219,019 shares of Class A Common Stock. The total value of this acquisition was reported at $199,307. The transaction was facilitated indirectly through the Charles K. Cohn Revocable Trust Agreement, dated February 10, 2016. Following this purchase, the trust now holds exactly 219,019 shares of the company's Class A Common Stock.
The shares were purchased at prices ranging from $0.91 to $0.92 per share. This pricing structure places the acquisition near the stock's 52-week low of $0.75. Over the past year, the equity has experienced a decline of approximately 50%. Despite this downward trajectory, analysis from InvestingPro suggests that the company may currently be undervalued, with shares trading below established Fair Value estimates. This purchase adds to Cohn's substantial existing portfolio of Nerdy Inc. stock. He holds 1,540,307 shares indirectly through the Cohn Family Trust 5/24/18 and 9,258,298 shares directly. The direct holdings consist of Restricted Stock Units (RSUs) that are contingent on the company achieving specific share price milestones ranging from $18.00 to $42.00 per share. These units are set to expire on September 20, 2028, if they remain unvested.
Further indirect holdings include 13,194,231 shares through Rarefied Air Capital LLC, which is owned by three trusts: Cohn Family Trust U/A/D 3/16/2017, The Cohn Family Investments Trust 05/24/18, and 2018 Cohn Family Trust U/A/D 5/24/2018. Mr. Cohn also holds 32,867,174 shares indirectly through the Cohn Family Trust U/A/D 3/16/2017, and 1,278,512 shares indirectly through the Cohn Family Investments Trust dtd 5/24/18.
In other recent news, Nerdy Inc. reported its first-quarter 2026 earnings, meeting its earnings per share (EPS) forecast of -$0.03. The company surpassed revenue expectations, achieving $48.7 million against a projected $47.1 million. These results highlight a positive revenue performance for the quarter. Additionally, Nerdy Inc. announced a consulting and separation agreement with its former Chief Financial Officer, Jason Pello. Pello, who departed as CFO on April 3, will continue to serve as a consultant through October 3. Under this agreement, he will receive consulting payments totaling $223,125. These developments reflect the company’s ongoing adjustments in its financial and leadership strategies.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C. Is NRDY a bargain right now? The fastest way to find out is with our Fair Value calculator. We use a mix of 17 proven industry valuation models for maximum accuracy. Get the bottom line for NRDY plus thousands of other stocks and find your next hidden gem with massive upside. See Undervalued Stocks.