Nu Holdings Ltd. (NYSE:NU – Get Free Report) CEO Cristina Helena Zing Junqueira sold 65,000 shares of the stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $14.71, for a total value of $956,150.00. Following the completion of the sale, the chief executive officer owned 2,542,083 shares of the company’s stock, valued at approximately $37,394,040.93. This trade represents a 2.49% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Cristina Helena Zing Junqueira also recently made the following trade(s):
- On Monday, August 24th, Cristina Helena Zing Junqueira sold 25,000 shares of NU stock. The shares were sold at an average price of $15.00, for a total value of $375,000.00.
- On Friday, August 14th, Cristina Helena Zing Junqueira sold 50,000 shares of NU stock. The shares were sold at an average price of $15.80, for a total value of $790,000.00.
NU Price Performance
Shares of NU stock opened at $14.86 on Friday. The business has a 50 day moving average of $13.96 and a 200 day moving average of $14.15. Nu Holdings Ltd. has a 52 week low of $11.20 and a 52 week high of $18.98. The company has a market cap of $72.17 billion, a PE ratio of 20.09, a P/E/G ratio of 0.59 and a beta of 0.94. The company has a quick ratio of 0.55, a current ratio of 0.55 and a debt-to-equity ratio of 0.35.
NU announced that its board has approved a stock buyback program on Thursday, June 4th that authorizes the company to repurchase $0.00 in shares. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its stock is undervalued.
Institutional Trading of NU
A number of hedge funds and other institutional investors have recently modified their holdings of NU. Groupe la Francaise lifted its position in NU by 50.2% during the 2nd quarter. Groupe la Francaise now owns 872,703 shares of the company’s stock valued at $11,670,000 after acquiring an additional 291,553 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in NU in the second quarter worth about $2,358,000. Ameritas Advisory Services LLC increased its stake in shares of NU by 74.6% during the second quarter. Ameritas Advisory Services LLC now owns 35,242 shares of the company’s stock valued at $471,000 after purchasing an additional 15,060 shares in the last quarter. Angeles Wealth Management LLC bought a new position in shares of NU during the second quarter valued at approximately $630,000. Finally, AlphaGrep UK Ltd purchased a new position in shares of NU during the second quarter valued at approximately $200,000. 84.02% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of equities analysts recently issued reports on the stock. UBS Group increased their price target on shares of NU from $16.90 to $18.20 and gave the stock a “buy” rating in a research note on Thursday, August 20th. Wolfe Research cut their price objective on NU from $18.00 to $17.00 and set an “outperform” rating on the stock in a research report on Tuesday. Needham & Company LLC upped their target price on NU from $17.00 to $19.00 and gave the stock a “buy” rating in a report on Friday, August 14th. JPMorgan Chase & Co. increased their target price on NU from $18.00 to $20.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 7th. Finally, Scotiabank cut NU to a “sector perform” rating and set a $13.00 target price for the company. in a research note on Wednesday, June 3rd. Nine investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $17.91.
Read Our Latest Research Report on NU
NU News Roundup
Here are the key news stories impacting NU this week:
- Positive Sentiment: Strong Q2 profitability: Nu reported record quarterly net income of $1.1 billion, up 49% year over year and 17% sequentially. The digital bank also surpassed 139 million customers in Brazil, Mexico and Colombia, supporting the long-term growth story. Nubank’s First Billion-Dollar Quarter Comes With New Questions
- Positive Sentiment: Analysts remain broadly bullish: Nine analysts rate NU a Buy, compared with four Holds and one Sell, producing a “Moderate Buy” consensus and an average price target of $17.91. Recent target increases from JPMorgan and UBS suggest potential upside from current levels. Nu Holdings Given Moderate Buy Recommendation
- Neutral Sentiment: Growth comes with execution questions: The billion-dollar quarter and newly approved banking license strengthen Nu’s expansion prospects, but investors are likely watching whether the company can sustain rapid growth while managing credit risk, expenses and regulatory requirements across multiple Latin American markets. Nu Holdings Earnings Call Highlights Profit Surge
- Negative Sentiment: CEO share sales add near-term pressure: CEO Cristina Helena Zing Junqueira sold 25,000 shares at $15.00 and 65,000 shares at $14.71, following a 50,000-share sale on August 14. The transactions were made under a pre-arranged Rule 10b5-1 plan, which reduces their significance as a discretionary signal, but repeated insider selling can still weigh on sentiment. NU CEO Share Sales
About NU
Nu Holdings Ltd (NYSE: NU), commonly known by its consumer brand Nubank, is a Latin American financial technology company that provides digital banking and financial services through a mobile-first platform. The company’s core offerings include no-fee digital checking accounts, credit cards, personal loans, payments and transfers, and a range of savings and investment products. Nubank emphasizes a streamlined customer experience delivered via its smartphone app, combined with data-driven underwriting and automated customer service tools.
Founded in 2013 by David Vélez, Cristina Junqueira and Edward Wible, Nu grew rapidly by targeting underbanked and digitally savvy consumers in Latin America with low-fee, transparent products.
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