TD Waterhouse Canada Inc. Has $61,000 Position in Nu Holdings Ltd. $NU

Key Points

• TD Waterhouse Canada cut its Nu Holdings position by 97.5% in the second quarter, selling 175,101 shares and retaining 4,542 shares valued at approximately $61,000. Institutional investors still own 84.02% of NU.
• Company insiders have been selling shares: an insider sold 221,707 shares and CEO Cristina Junqueira sold 65,000 shares; insiders have sold 361,707 shares worth about $5.63 million over the past 90 days.
• Analyst sentiment remains favorable overall. NU has a “Moderate Buy” consensus rating from analysts, with an average price target of $17.91, while the company’s U.S. expansion and new global-account services offer growth potential but carry execution and competition risks.

TD Waterhouse Canada Inc. lessened its holdings in shares of Nu Holdings Ltd. (NYSE:NU - Free Report) by 97.5% in the second quarter, according to its most recent filing with the SEC. The firm owned 4,542 shares of the company's stock after selling 175,101 shares during the period. TD Waterhouse Canada Inc.'s holdings in NU were worth $61,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Caitong International Asset Management Co. Ltd increased its holdings in NU by 14,810.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,491 shares of the company's stock valued at $25,000 after purchasing an additional 1,481 shares during the last quarter. Zions Bancorporation National Association UT acquired a new stake in NU during the 4th quarter worth approximately $27,000. Hollencrest Capital Management bought a new stake in NU in the 4th quarter valued at $33,000. Harbor Investment Advisory LLC lifted its holdings in shares of NU by 68.2% in the second quarter. Harbor Investment Advisory LLC now owns 3,010 shares of the company's stock valued at $40,000 after purchasing an additional 1,220 shares in the last quarter. Finally, Brown Brothers Harriman & Co. lifted its holdings in shares of NU by 61.4% in the fourth quarter. Brown Brothers Harriman & Co. now owns 3,260 shares of the company's stock valued at $55,000 after purchasing an additional 1,240 shares in the last quarter. Institutional investors own 84.02% of the company's stock.

Insiders Place Their Bets

In other news, insider Henrique Camossa Sald Fragelli sold 221,707 shares of the stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $15.81, for a total value of $3,505,187.67. Following the transaction, the insider directly owned 979,446 shares of the company's stock, valued at $15,485,041.26. This represents a 18.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Cristina Junqueira sold 65,000 shares of the firm's stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $14.71, for a total transaction of $956,150.00. Following the sale, the chief executive officer owned 2,542,083 shares of the company's stock, valued at approximately $37,394,040.93. This represents a 2.49% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 361,707 shares of company stock valued at $5,626,338.

Analysts Set New Price Targets

A number of research firms recently issued reports on NU. Wolfe Research decreased their price objective on NU from $18.00 to $17.00 and set an "outperform" rating for the company in a report on Tuesday, August 25th. UBS Group boosted their target price on NU from $16.90 to $18.20 and gave the company a "buy" rating in a research note on Thursday, August 20th. Bank of America reaffirmed an "underperform" rating on shares of NU in a research report on Tuesday, June 2nd. JPMorgan Chase & Co. raised their price objective on NU from $18.00 to $20.00 and gave the company an "overweight" rating in a report on Tuesday, July 7th. Finally, Susquehanna boosted 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. Nine investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, NU currently has an average rating of "Moderate Buy" and an average price target of $17.91.

NU News Roundup

Here are the key news stories impacting NU this week:

• Positive Sentiment: U.S. banking launch creates a new growth avenue. Nu launched its U.S. offering through bank partners, initially providing high-yield savings accounts, credit cards, rewards and remittance services. The company is testing whether its low-cost, digital-first Latin American model can scale in the United States. Nubank launches high-yield savings account, credit cards, remittances in the US
• Positive Sentiment: New global-account and stablecoin features could improve customer acquisition. Nu introduced a multicurrency account available across more than 35 countries, with fee-free transfers supported by Circle’s USDC and EURC stablecoins. The products could strengthen its appeal to international customers and expand payment-related revenue opportunities. Nu integrates Circle stablecoins USDC and EURC
• Positive Sentiment: Needham reaffirmed its Buy rating and assigned a $19 price target. The recommendation signals continued analyst confidence in Nu’s growth prospects and valuation. Benzinga
• Neutral Sentiment: Partnerships support the rollout but add execution dependence. Nu is working with Lead Bank and other financial partners to provide its U.S. banking suite, allowing a faster launch while potentially limiting near-term control over infrastructure and economics. Nu Partners With Lead Bank to Launch Full US Banking Suite
• Negative Sentiment: The U.S. expansion carries meaningful uncertainty. Analysts and commentators are questioning whether Nu can replicate its Latin American growth, cross-selling and customer-acquisition economics against established banks and fintech competitors such as SoFi. The launch is promising, but significant spending and a lengthy ramp could delay earnings benefits. Nu Enters the US Market

NU Stock Performance

NU opened at $14.60 on Monday. Nu Holdings Ltd. has a 12-month low of $11.20 and a 12-month high of $18.98. The stock has a market cap of $70.88 billion, a price-to-earnings ratio of 19.73, a PEG ratio of 0.60 and a beta of 0.94. The business has a 50 day moving average of $14.39 and a 200-day moving average of $13.98. 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 (NYSE:NU - Get Free Report) last posted its earnings results on Tuesday, June 30th. The company reported $0.22 earnings per share 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 for the quarter. On average, equities research analysts expect that Nu Holdings Ltd. will post 0.86 earnings per share for the current year.

NU announced that its Board of Directors has initiated a stock buyback program on Thursday, June 4th that authorizes the company to buyback $0.00 in shares. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company's leadership believes its stock is undervalued.

NU Profile

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

Founded in Brazil in 2013 by David Vélez, Cristina Junqueira and Edward Wible, Nubank was established to simplify financial services and expand access to banking through technology.

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