Rep. Byron Donalds Sells Off Shares of Nu Holdings Ltd. (NYSE:NU)

Representative Byron Donalds (R-Florida) recently sold shares of Nu Holdings Ltd. NYSE: NU. In a filing disclosed on May 24th, the Representative disclosed that they had sold between $1,001 and $15,000 in NU stock on April 10th. The trade occurred in the Representative's "MORAN WEALTH IRA" account.

Representative Byron Donalds also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Visa NYSE: V on 4/10/2025.
• Sold $1,001 - $15,000 in shares of Regeneron Pharmaceuticals NASDAQ: REGN on 4/10/2025.
• Purchased $1,001 - $15,000 in shares of Amphenol NYSE: APH on 4/10/2025.
• Sold $1,001 - $15,000 in shares of Equifax NYSE: EFX on 3/20/2025.
• Purchased $1,001 - $15,000 in shares of Chipotle Mexican Grill NYSE: CMG on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Gartner NYSE: IT on 3/20/2025.
• Purchased $1,001 - $15,000 in shares of Abbott Laboratories NYSE: ABT on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Robinhood Markets NASDAQ: HOOD on 3/20/2025.
• Purchased $1,001 - $15,000 in shares of Arista Networks NYSE: ANET on 3/20/2025.
• Sold $1,001 - $15,000 in shares of GoDaddy NYSE: GDDY on 3/20/2025.

NU Price Performance

Shares of NU stock traded down $0.21 on Thursday, hitting $12.00. The company had a trading volume of 62,221,931 shares, compared to its average volume of 43,789,627. The business has a 50-day simple moving average of $11.58 and a 200-day simple moving average of $11.92. Nu Holdings Ltd. has a 52 week low of $9.01 and a 52 week high of $16.15. The company has a market cap of $57.80 billion, a PE ratio of 29.99, a PEG ratio of 0.48 and a beta of 1.11. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.44 and a quick ratio of 0.44.

NU (NYSE:NU - Get Free Report) last released its earnings results on Tuesday, May 13th. The company reported $0.11 EPS for the quarter, missing analysts' consensus estimates of $0.12 by ($0.01). The business had revenue of $3.25 billion during the quarter, compared to the consensus estimate of $3.09 billion. NU had a return on equity of 30.99% and a net margin of 17.12%. During the same quarter in the previous year, the firm earned $0.09 earnings per share. Research analysts expect that Nu Holdings Ltd. will post 0.58 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of NU. NBC Securities Inc. boosted its position in NU by 286,000.0% in the first quarter. NBC Securities Inc. now owns 2,861 shares of the company's stock valued at $29,000 after buying an additional 2,860 shares in the last quarter. Piscataqua Savings Bank boosted its stake in shares of NU by 500.0% during the fourth quarter. Piscataqua Savings Bank now owns 3,000 shares of the company's stock valued at $31,000 after purchasing an additional 2,500 shares in the last quarter. Capital Analysts LLC bought a new stake in shares of NU during the first quarter worth about $31,000. TFC Financial Management Inc. increased its stake in shares of NU by 74.1% in the first quarter. TFC Financial Management Inc. now owns 3,114 shares of the company's stock valued at $32,000 after buying an additional 1,325 shares during the period. Finally, Banque Transatlantique SA bought a new position in NU in the 1st quarter valued at approximately $34,000. Institutional investors own 84.02% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on NU shares. UBS Group dropped their target price on shares of NU from $15.50 to $15.00 and set a "neutral" rating on the stock in a research report on Tuesday, February 18th. Susquehanna boosted their target price on NU from $14.00 to $15.00 and gave the company a "positive" rating in a research note on Wednesday, May 14th. Barclays raised their price target on shares of NU from $15.00 to $16.00 and gave the company an "overweight" rating in a report on Friday, April 25th. Finally, JPMorgan Chase & Co. upgraded shares of NU from a "neutral" rating to an "overweight" rating and lowered their target price for the company from $14.00 to $13.00 in a research note on Tuesday, April 8th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $15.13.

About Representative Donalds

Byron Donalds (Republican Party) is a member of the U.S. House, representing Florida's 19th Congressional District. He assumed office on January 3, 2021. His current term ends on January 3, 2027. Donalds (Republican Party) is running for re-election to the U.S. House to represent Florida's 19th Congressional District. He declared candidacy for the 2026 election. Byron Donalds was born in Brooklyn, New York, and lives in Naples, Florida. Donalds earned a bachelor's degree in finance and marketing from Florida State University in 2002. His career experience includes working as a commercial credit officer in banking and as a portfolio manager in financial services.

NU Company Profile

Nu Holdings Ltd. is a holding company, which engages in the provision of digital banking services. The company was founded by David Vélez Osorno, Cristina Helena Zingaretti Junqueira, and Adam Edward Wible on February 26, 2016 and is headquartered in George Town, Cayman Islands.