NU (NYSE:NU) Stock: Insider Cristina Helena Zing Junqueira Sells 25,000 Shares

Nu Holdings Ltd. (NYSE:NU) CEO Cristina Junqueira sold 25,000 shares of NU stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $15.01, for a total value of $375,250.00. Following the completion of the transaction, the chief executive officer directly owned 4,877,593 shares in the company, valued at approximately $73,212,670.93. This represents a 0.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 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 Monday, August 24th, Cristina 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 Junqueira sold 50,000 shares of NU stock. The stock was sold at an average price of $15.80, for a total transaction of $790,000.00.

NU Stock Performance

NU stock traded down $0.07 on Wednesday, reaching $15.59. 82,373,435 shares of the company were exchanged, compared to its average volume of 64,695,766. The firm has a market capitalization of $75.68 billion, a PE ratio of 21.06, a PEG ratio of 0.62 and a beta of 0.95. Nu Holdings Ltd. has a 12 month low of $11.20 and a 12 month high of $18.98. The stock’s fifty day moving average price is $14.31 and its 200 day moving average price is $13.85. 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) last issued its quarterly earnings results on Tuesday, June 30th. The company reported $0.22 earnings per share for the quarter. The firm had revenue of $5.88 billion during the quarter. NU had a net margin of 18.65% and a return on equity of 31.59%. On average, research analysts anticipate that Nu Holdings Ltd. will post 0.86 EPS for the current fiscal year.

Institutional Investors Weigh In On NU

Several large investors have recently modified their holdings of NU. Bank of America Corp DE lifted its position in shares of NU by 8.6% during the 1st quarter. Bank of America Corp DE now owns 45,966,932 shares of the company’s stock worth $660,545,000 after buying an additional 3,656,945 shares during the period. Assenagon Asset Management S.A. boosted its stake in NU by 17.9% in the 1st quarter. Assenagon Asset Management S.A. now owns 32,535,091 shares of the company’s stock valued at $467,529,000 after buying an additional 4,944,618 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its position in NU by 53.7% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 28,310,084 shares of the company’s stock valued at $473,911,000 after acquiring an additional 9,893,940 shares during the period. Maverick Capital Ltd. grew its position in NU by 91.6% in the first quarter. Maverick Capital Ltd. now owns 22,444,311 shares of the company’s stock valued at $322,525,000 after acquiring an additional 10,729,747 shares during the period. Finally, Squadra Investments Gestao DE Recursos LTDA. raised its stake in NU by 266.8% during the first quarter. Squadra Investments Gestao DE Recursos LTDA. now owns 22,312,501 shares of the company’s stock worth $320,631,000 after acquiring an additional 16,229,515 shares in the last quarter. 84.02% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on NU shares. Wolfe Research lowered 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, August 25th. Itau BBA Securities cut NU from an “outperform” rating to a “market perform” rating and reduced their target price for the stock from $20.00 to $18.00 in a research report on Wednesday, September 16th. UBS Group lifted 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. Weiss Ratings lowered shares of NU from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, August 21st. Finally, Rothschild & Co Redburn set a $19.00 price objective on shares of NU in a research note on Monday, September 28th. Eight research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, NU currently has an average rating of “Moderate Buy” and a consensus price target of $18.29.

NU Company Profile

Nu Holdings Ltd., operating under the Nubank brand, is a digital financial services company that provides banking and payment products primarily through mobile applications. The company offers digital accounts, credit cards, personal loans, payment services, investment products and insurance, serving consumers and small businesses.

Nubank was founded in 2013 by David Vélez, Cristina Junqueira and Edward Wible with the goal of expanding access to simpler, lower-cost financial services through technology.