NXDR Chief Revenue Officer Michael Kiernan Sells $127K of Stock
Key Points
- Nextdoor Holdings, Inc. Chief Revenue Officer Michael Kiernan sold 50,000 shares on October 20, 2026, for about $127,170 under a pre-arranged trading plan.
- After the trade, Michael Kiernan holds 455,917 $NXDR shares, down 9.88% from before the trade.
- Institutional investors adjusted their positions earlier in the year, with Acadian Asset Management growing its stake to 9.77 million shares.
- The company operates its neighborhood network platform and faces an upcoming earnings report scheduled for November 5, 2026.
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Nextdoor Holdings, Inc. Chief Revenue Officer Michael Kiernan sold 50,000 shares of the company's stock on October 20, 2026. According to a Form 4 filing with the SEC, the shares were sold at an average price of $2.54, totaling $127,170. The stock closed at $2.56 on the day of the transaction.
NXDR
Nextdoor Holdings, Inc.
Inside Michael Kiernan's Nextdoor Trade
The planned transaction was executed under a Rule 10b5-1 trading plan. Following the sale, Kiernan directly holds 455,917 shares of the company, cutting his ownership stake by about 9.88%.
Other Institutional Activity in Nextdoor Holdings
Institutional investors made notable adjustments to their holdings earlier in the year. Acadian Asset Management grew its holdings by 2,664,244 shares, ending the period with 9,770,788 shares worth about $24.5 million. Mackenzie Financial Corporation added 2,973,836 shares to finish with 5,947,673 shares valued at roughly $14.9 million. Bond Capital Management reduced its position by 2,896,970 shares, retaining 5,458,871 shares valued at about $13.7 million. Westerly Capital Management cut its stake by 650,113 shares to hold 4,850,000 shares worth roughly $12.2 million. Millennium Management grew its holdings by 614,138 shares, closing out the period with 4,431,031 shares valued at about $11.1 million.
Nextdoor Holdings, Inc. Stock Up 2.0%
Shares recently traded around $2.51 on October 22, 2026. The stock closed at $2.56 on the day of Kiernan's transaction.
Recent Earnings
The firm reports trailing twelve month revenue of $274.6 million and earnings per share of -$0.08. The next corporate earnings update is scheduled for November 5, 2026.
Insider Buying and Selling at Nextdoor Holdings, Inc.
Several company executives made planned sales ahead of this transaction. Chief Accounting Officer Antoinette How sold 10,800 shares on October 13, 2026, and another 20,705 shares on October 16, 2026. Chief Legal Officer Sophia Schwartz also sold 48,120 shares on October 16, 2026.
Analysts Set New Price Targets
Wall Street firms cover the stock with varied outlooks. B. Riley Securities upgraded the shares to a Buy rating with a $3.30 target on August 6, 2026, while Citigroup maintained a Neutral rating with a $2.85 target on August 17, 2026.
About Nextdoor Holdings
Nextdoor Holdings operates a neighborhood communications platform that connects residents, local businesses, and public agencies across eleven countries. The digital network lets neighbors share local updates, organize events, and exchange goods and services.
Bottom Line
Executive trades like this one often occur under pre-scheduled trading plans and offer a window into insider holdings. Investors will be looking toward the company's next earnings report on November 5, 2026, for further updates on financial performance.
Related Filing Alerts
Source: Michael Kiernan's Form 4 filing on $NXDR (Oct 20, 2026). Written by software, not financial advice. How we make alerts