NXDR Clo, Secretary Sophia Schwartz Sells $121K of Stock
Key Points
- Nextdoor Holdings, Inc. Chief Legal Officer Sophia Schwartz sold 48,120 shares of stock on October 16, 2026, at an average price of $2.51 per share.
- The planned sale reduced her stake by about 11.8% to 360,324 shares.
- Wall Street analysts maintain a consensus buy rating on the stock with a mean price target of $3.35 ahead of earnings.
Since the trade, $NXDR is up 1.6% to date (from the $2.46 close on Oct 16, 2026).
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Nextdoor Holdings, Inc. Chief Legal Officer Sophia Schwartz sold 48,120 shares of the company's stock on October 16, 2026. The transaction was disclosed in a Form 4 filed with the Securities and Exchange Commission.
Inside Sophia Schwartz's Nextdoor Trade
The shares were sold at a price of $2.51 for a total value of $120,709.02. The sale was carried out under a pre-arranged Rule 10b5-1 trading plan. Following the transaction, Schwartz still holds 360,324 shares of the company, cutting her stake about 11.8%.
Other Institutional Activity in Nextdoor Holdings
Acadian Asset Management LLC grew its holdings by 2,664,244 shares, ending with 9,770,788 shares worth about $24,426,970. Mackenzie Financial Corporation added 2,973,836 shares to hold 5,947,673 shares valued at $14,869,182. Bond Capital Management, LP trimmed its stake by 2,896,970 shares, leaving it with 5,458,871 shares worth $13,647,177. Westerly Capital Management, LLC cut its position by 650,113 shares to finish with 4,850,000 shares valued at $12,125,000. Millennium Management LLC lifted its stake by 614,138 shares to own 4,431,031 shares worth $11,077,577.
Nextdoor Holdings, Inc. Class A Common Stock Stock Up 1.6%
Nextdoor closed at $2.46 on October 16, 2026, and recently traded around $2.50. The stock has a market capitalization of roughly $967.1 million.
Recent Earnings
Nextdoor reported trailing twelve-month revenue of $274.6 million with a net margin of -11.1%. The company's next financial results are scheduled for release on November 5, 2026.
Insider Buying and Selling at Nextdoor Holdings, Inc. Class A Common Stock
Executive stock sales have continued across the team. Earlier, on September 21, 2026, Antoinette How sold 40,000 shares at $2.63. Michael Kiernan sold 50,000 shares at $2.54 on September 22, 2026. Antoinette How later sold 10,800 shares on October 13, 2026, at $2.72 under a plan, and sold another 10,800 shares at $2.72 on the same day.
Analysts Set New Price Targets
Wall Street firms have updated their outlooks on the stock in recent months. On August 6, 2026, B. Riley Securities upgraded the stock with a buy rating and raised its price target from $2.00 to $3.30. Citigroup maintained a neutral rating on August 17, 2026, while lifting its price target from $2.30 to $2.85. The stock carries a consensus buy recommendation from four analysts with a mean price target of $3.35.
About Nextdoor Holdings
Nextdoor Holdings operates an online neighborhood network that connects residents, local businesses, and public agencies across 11 countries. The platform allows users to share local updates, organize events, exchange goods and services, and support neighborhood merchants. This connectivity helps executives and institutional investors track local engagement trends as the company works toward profitability.
Bottom Line
Form 4 filings will continue to track executive stock moves as investors look toward the upcoming earnings report on November 5, 2026, for further insight into the company's financial direction.
Source: Sophia Schwartz's Form 4 filing on $NXDR (Oct 16, 2026). Written by software, not financial advice. How we make alerts