In Monday’s Wall Street session, Nu Holdings Ltd (NYSE:NU) shares traded at $12.47, up 0.16% from the previous session.
NU stock price is now 12.55% away from the 50-day moving average and -1.52% away from the 200-day moving average. The market capitalization of the company currently stands at $60.50B.
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With the price target maintained at $13, JP Morgan recently Upgraded its rating from Neutral to Overweight for Nu Holdings Ltd (NYSE: NU). On December 02, 2024, Citigroup Downgraded its previous ‘Neutral’ rating to ‘Sell’ on the stock reducing its target price from $14.60 to quote $11, while ‘Itau BBA’ rates the stock as ‘Market Perform’
In other news, Duggal Jagpreet Singh, Officer bought 724,891 shares of the company’s stock on Apr 28 ’25. The stock was bought for $9,250,835 at an average price of $12.76. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 25 ’25, Officer JAGPREET SINGH DUGGAL bought 86,754 shares of the business’s stock. A total of $1,032,373 was incurred on buying the stock at an average price of $11.90. A total of 33.91% of the company’s stock is owned by insiders.
During the past 12 months, Nu Holdings Ltd has had a low of $9.01 and a high of $16.15.
The net profit margin was 19.09% and return on equity was 28.07% for NU. The company reported revenue of $2.49 billion for the quarter, compared to $1.95 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 27.79 percent.
