Rep. Robert Bresnahan, Jr. Sells Nu Holdings Ltd. (NYSE:NU) Stock

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of Nu Holdings Ltd. NYSE: NU. In a filing disclosed on June 23rd, the Representative disclosed that they had sold between $1,001 and $15,000 in NU stock on May 23rd. The trade occurred in the Representative's "JP MORGAN BROKERAGE ACCOUNT #2" account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Zoom Communications NASDAQ: ZM on 6/25/2025.
• Purchased $1,001 - $15,000 in shares of Coinbase Global NASDAQ: COIN on 6/24/2025.
• Purchased $1,001 - $15,000 in shares of Circle Internet Group NYSE: CRCL on 6/24/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 6/23/2025.
• Sold $1,001 - $15,000 in shares of Chubb NYSE: CB on 6/13/2025.
• Sold $1,001 - $15,000 in shares of Atlassian NASDAQ: TEAM on 6/11/2025.
• Purchased $1,001 - $15,000 in shares of ServiceTitan NASDAQ: TTAN on 6/11/2025.
• Sold $1,001 - $15,000 in shares of Datadog NASDAQ: DDOG on 6/11/2025.
• Sold $1,001 - $15,000 in shares of GitLab NASDAQ: GTLB on 6/11/2025.
• Purchased $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 6/11/2025.

NU Stock Up 0.3%

Shares of NU traded up $0.04 during mid-day trading on Tuesday, hitting $12.93. 10,079,149 shares of the company's stock were exchanged, compared to its average volume of 50,001,516. The company has a market cap of $62.28 billion, a PE ratio of 30.01, a P/E/G ratio of 0.74 and a beta of 1.07. Nu Holdings Ltd. has a 52 week low of $9.01 and a 52 week high of $16.15. The company has a 50-day simple moving average of $12.75 and a 200 day simple moving average of $12.04. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.54 and a quick ratio of 0.54.

NU (NYSE:NU - Get Free Report) last issued its quarterly earnings data on Tuesday, May 13th. The company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.01). NU had a return on equity of 30.77% and a net margin of 17.88%. The company had revenue of $3.25 billion for the quarter, compared to analyst estimates of $3.09 billion. During the same quarter last year, the business earned $0.09 earnings per share. On average, research analysts forecast that Nu Holdings Ltd. will post 0.58 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently issued reports on NU shares. Susquehanna increased their price objective on NU from $14.00 to $15.00 and gave the stock a "positive" rating in a report on Wednesday, May 14th. JPMorgan Chase & Co. boosted their price objective on shares of NU from $14.50 to $16.00 and gave the company an "overweight" rating in a research report on Monday, June 30th. Barclays lifted their price objective on NU from $15.00 to $16.00 and gave the company an "overweight" rating in a research report on Friday, April 25th. Finally, Morgan Stanley reiterated an "overweight" rating on shares of NU in a research note on Friday, June 13th. One analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat, NU has a consensus rating of "Moderate Buy" and a consensus price target of $15.50.

Institutional Investors Weigh In On NU

Hedge funds and other institutional investors have recently made changes to their positions in the business. Armstrong Advisory Group Inc. acquired a new stake in NU in the second quarter worth $27,000. NBC Securities Inc. increased its holdings in shares of NU by 286,000.0% during the 1st quarter. NBC Securities Inc. now owns 2,861 shares of the company's stock valued at $29,000 after acquiring an additional 2,860 shares during the last quarter. Capital Analysts LLC bought a new position in shares of NU in the first quarter worth about $31,000. TFC Financial Management Inc. increased its holdings in shares of NU by 74.1% during the 1st quarter. TFC Financial Management Inc. now owns 3,114 shares of the company's stock worth $32,000 after purchasing an additional 1,325 shares during the period. Finally, ORG Partners LLC raised its holdings in NU by 474.1% in the 2nd quarter. ORG Partners LLC now owns 2,325 shares of the company's stock valued at $32,000 after acquiring an additional 1,920 shares in the last quarter. Hedge funds and other institutional investors own 84.02% of the company's stock.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election. Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

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.

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