Key Points
- Nu Holdings CEO Cristina Junqueira sold 65,000 shares at an average price of $14.71, generating $956,150. The transaction was conducted under a pre-arranged Rule 10b5-1 plan, leaving her with 2,542,083 shares.
- NU reported quarterly EPS of $0.22 on $5.88 billion in revenue, with a 31.59% return on equity and an 18.65% net margin. The stock opened at $15.17 and has traded between $11.20 and $18.98 over the past year.
- Analysts maintain a Moderate Buy consensus, with nine Buy, four Hold, and one Sell rating and an average price target of $17.91.
Nu Holdings Ltd. (NYSE:NU - Get Free Report) CEO Cristina Helena Zing Junqueira sold 25,000 shares of the stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $15.00, for a total value of $375,000.00. Following the sale, the chief executive officer directly owned 4,902,593 shares of the company's stock, valued at approximately $73,538,895. The trade was a 0.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 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 Tuesday, August 25th, Cristina Helena Zing Junqueira sold 65,000 shares of NU stock. The stock was sold at an average price of $14.71, for a total value of $956,150.00.
- 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 Stock Performance
Shares of NU stock opened at $15.17 on Thursday. The firm has a market cap of $73.66 billion, a price-to-earnings ratio of 20.50, a price-to-earnings-growth ratio of 0.59 and a beta of 0.94. The stock's 50-day moving average is $13.91 and its 200-day moving average is $14.16. Nu Holdings Ltd. has a one year low of $11.20 and a one year high of $18.98. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.55 and a quick ratio of 0.55.
NU (NYSE:NU - Get Free Report) last posted its quarterly earnings data on Tuesday, June 30th. The company reported $0.22 earnings per share (EPS) for the quarter. NU had a return on equity of 31.59% and a net margin of 18.65%.The business had revenue of $5.88 billion during the quarter. Equities analysts predict that Nu Holdings Ltd. will post 0.86 earnings per share for the current fiscal year.
NU declared that its board has authorized a share repurchase program on Thursday, June 4th that permits the company to buyback $0.00 in shares. This buyback authorization permits the company to buy shares of its stock through open market purchases. Shares buyback programs are generally an indication that the company's leadership believes its stock is undervalued.
Analyst Ratings Changes
A number of research firms have recently issued reports on NU. JPMorgan Chase & Co. lifted their price objective on shares of NU from $18.00 to $20.00 and gave the company an "overweight" rating in a report on Tuesday, July 7th. Susquehanna increased their target price on shares of NU from $13.00 to $16.00 and gave the stock a "neutral" rating in a report on Friday, August 14th. Wolfe Research decreased their target price on shares of NU from $18.00 to $17.00 and set an "outperform" rating for the company in a research report on Tuesday. UBS Group lifted their price target on shares of NU from $16.90 to $18.20 and gave the company a "buy" rating in a research note on Thursday, August 20th. Finally, Scotiabank cut shares of NU to a "sector perform" rating and set a $13.00 price target on the stock. in a research report on Wednesday, June 3rd. Nine equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, NU currently has an average rating of "Moderate Buy" and an average price target of $17.91.
Get Our Latest Stock Analysis on NU
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of NU. Parallel Advisors LLC boosted its position in NU by 3.7% during the 4th quarter. Parallel Advisors LLC now owns 16,820 shares of the company's stock valued at $282,000 after buying an additional 601 shares during the period. Aptus Capital Advisors LLC lifted its holdings in NU by 3.4% in the 4th quarter. Aptus Capital Advisors LLC now owns 19,008 shares of the company's stock worth $318,000 after buying an additional 624 shares during the period. Wisconsin Capital Management LLC lifted its holdings in NU by 1.1% in the 4th quarter. Wisconsin Capital Management LLC now owns 68,284 shares of the company's stock worth $1,143,000 after buying an additional 737 shares during the period. World Investment Advisors grew its position in shares of NU by 5.1% in the 1st quarter. World Investment Advisors now owns 16,370 shares of the company's stock worth $235,000 after buying an additional 791 shares during the last quarter. Finally, Mason & Associates Inc increased its stake in shares of NU by 2.7% during the first quarter. Mason & Associates Inc now owns 30,783 shares of the company's stock valued at $416,000 after buying an additional 808 shares during the period. 84.02% of the stock is currently owned by institutional investors.
About NU
(
Get Free Report)
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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