nerdwallet gives consumers and small businesses clarity around all of life’s financial decisions. when it comes to credit cards, bank accounts, mortgages, insurance, loans or expenses like hospital costs and medical bills, consumers make almost all their decisions in the dark. nerdwallet is changing that, helping guide consumers' decisions with free, accessible tools, research and expert advice. headquartered in san francisco, we have more than 200 passionate “nerds” -- and $100 million in capital from ivp, rre ventures, iglobe partners and silicon valley bank -- to disrupt the personal finance industry. named one of the bay area news group’s best places to work, we offer: a world-class benefits package; flexible vacation; and amazing perks, from catered meals to a dog-friendly office and dedicated time for volunteering. we’re growing rapidly. if you’re interested in joining an amazing team made up from leaders from box, jpmorgan, linkedin, trulia, visa and zynga, please visit http
Company profile
Ticker
NRDS
Exchange
Website
CEO
Tim Chen
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
NerdWallet, Inc.
SEC CIK
Corporate docs
Subsidiaries
Fundera, Inc. • NerdWallet Compare, Inc • NerdWallet Insurance Services, Inc. ...
IRS number
454180440
NRDS stock data
Latest filings (excl ownership)
EFFECT
Notice of effectiveness
5 Apr 24
ARS
2023 FY
Annual report to shareholders
2 Apr 24
DEFA14A
Additional proxy soliciting materials
2 Apr 24
DEF 14A
Definitive proxy
2 Apr 24
PRE 14A
Preliminary proxy
19 Mar 24
8-K
Regulation FD Disclosure
4 Mar 24
S-8
Registration of securities for employees
20 Feb 24
S-3
Shelf registration
20 Feb 24
10-K
2023 FY
Annual report
20 Feb 24
POSASR
Automatic shelf registration (post-effective amendment)
20 Feb 24
Transcripts
NRDS
Earnings call transcript
2023 Q4
14 Feb 24
NRDS
Earnings call transcript
2023 Q3
26 Oct 23
NRDS
Earnings call transcript
2023 Q2
2 Aug 23
NRDS
Earnings call transcript
2023 Q1
3 May 23
NRDS
Earnings call transcript
2022 Q4
14 Feb 23
NRDS
Earnings call transcript
2022 Q3
2 Nov 22
NRDS
Earnings call transcript
2022 Q2
7 Aug 22
NRDS
Earnings call transcript
2022 Q1
8 May 22
NRDS
Earnings call transcript
2021 Q4
27 Feb 22
NRDS
Earnings call transcript
2021 Q4
24 Feb 22
Latest ownership filings
4
Lauren StClair
25 Mar 24
4
Kevin Yuann
25 Mar 24
4
Tim Chao-Ming Chen
5 Mar 24
4
SAMUEL YOUNT
5 Mar 24
4
Lauren StClair
5 Mar 24
4
Kevin Yuann
5 Mar 24
144
Notice of proposed sale of securities
5 Mar 24
4
SAMUEL YOUNT
27 Feb 24
144
Notice of proposed sale of securities
23 Feb 24
SC 13G
T. Rowe Price Investment Management, Inc.
14 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | |
---|---|---|---|
Revenue | |||
Cost of revenue | |||
Operating income | |||
Operating margin | |||
Net income | |||
Net profit margin | |||
Cash on hand | |||
Change in cash | |||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 86.60 mm | 86.60 mm | 86.60 mm | 86.60 mm | 86.60 mm | 86.60 mm |
Cash burn (monthly) | (no burn) | 4.32 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 29.51 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 57.09 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 13.2 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
49.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 98 |
Opened positions | 11 |
Closed positions | 20 |
Increased positions | 34 |
Reduced positions | 32 |
13F shares | Current |
---|---|
Total value | 241.53 bn |
Total shares | 36.46 mm |
Total puts | 128.20 k |
Total calls | 118.40 k |
Total put/call ratio | 1.1 |
Largest owners | Shares | Value |
---|---|---|
Innovius Capital Sirius I | 5.21 mm | $0.00 |
Innovius Capital Management | 5.21 mm | $46.31 bn |
Institutional Venture Partners XIV | 3.65 mm | $0.00 |
Vanguard | 3.53 mm | $31.35 bn |
FMR | 3.49 mm | $30.99 bn |
BLK Blackrock | 2.40 mm | $21.36 bn |
T. Rowe Price Investment Management | 2.16 mm | $19.18 bn |
Samlyn Capital | 1.79 mm | $15.92 bn |
Brandywine Global Investment Management | 1.23 mm | $10.92 bn |
Azora Capital | 851.96 k | $7.57 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
21 Mar 24 | Lauren StClair | Class A Common Stock | Grant | Acquire A | No | No | 0 | 98,661 | 0.00 | 347,939 |
21 Mar 24 | Kevin Yuann | Class A Common Stock | Grant | Acquire A | No | No | 0 | 59,340 | 0.00 | 282,818 |
5 Mar 24 | Samuel Yount | Class A Common Stock | Sell | Dispose S | No | Yes | 16.71 | 1,335 | 22.31 k | 2,347,857 |
1 Mar 24 | Tim Chao-Ming Chen | Class A Common Stock | Payment of exercise | Dispose F | No | No | 16.91 | 10,930 | 184.83 k | 670,866 |
1 Mar 24 | Samuel Yount | Class A Common Stock | Payment of exercise | Dispose F | No | No | 16.91 | 1,050 | 17.76 k | 2,349,192 |
1 Mar 24 | Lauren StClair | Class A Common Stock | Payment of exercise | Dispose F | No | No | 16.91 | 10,318 | 174.48 k | 249,278 |
News
Evaluating Nerdwallet: Insights From 6 Financial Analysts
11 Mar 24
Morgan Stanley Maintains Equal-Weight on Nerdwallet, Raises Price Target to $15
11 Mar 24
Keybanc Maintains Overweight on Nerdwallet, Raises Price Target to $22
15 Feb 24
Recap: Nerdwallet Q4 Earnings
14 Feb 24
Nerdwallet Q4 2023 GAAP EPS $(0.03) Misses $0.09 Estimate, Sales $133.70M Miss $138.43M Estimate
14 Feb 24