Founder and CEO Chuck Cohn Buys 569,976 NRDY Shares
From the Desk of Steve Strazza and Alfonso Depablos
The most significant insider buy on today’s list comes via a Form 4 filing by the founder and CEO of Nerdy Inc $NRDY, Chuck Cohn.
Cohn reported a purchase of 569,976 NRDY shares, equivalent to $957,559.
Here’s The Hot Corner, with data through June 13, 2024:
In another Form 4, Sharon Rowlands, director at Pegasystems Inc $PEGA, bought 8,600 shares.
There was also insider activity in V.F. Corporation $VFS, GXO Logistics Inc $GXO and Compass Diversified $CODI.
And director Kim D. Blickenstaff revealed a purchase of $500,088 in Nuvation Bio Inc $NUVB.
After carving out a massive base for roughly a year, price broke through the range’s upper bound in March:
Fast-forward to today, and NUVB pulled back to the breakout level. However, buyers successfully showed up at former resistance to maintain control.
As long as it remains above 2.55, a shift in the trend is well underway in favor of the bulls.
Have a great weekend. We’ll be back on Monday with more insider activity.
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All Star Charts Team
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