Nu Holdings Ltd’s recently made public that its Officer Duggal Jagpreet Singh acquired Company’s shares for reported $1.7 million on Nov 26 ’24. In the deal valued at $15.33 per share,111,047 shares were bought.
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Then, Olivier Vitor Guarino bought 471,214 shares, generating $6,785,990 in total proceeds.
Before that, Youssef Lahrech bought 36,000 shares. Nu Holdings Ltd shares valued at $499,320 were divested by the Affiliate at a price of $13.87 per share.
Itau BBA downgraded its Nu Holdings Ltd [NU] rating to a Market perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including UBS’s analysts, who decreased its forecast for the stock in early August from “a Buy” to “a Neutral”. JP Morgan also remained covering NU and has decreased its forecast on July 22, 2024 with a “Neutral” recommendation from previously “an Overweight” rating. Barclays started covering the stock on June 26, 2024. It rated NU as “an Overweight”.
Price Performance Review of NU
On Tuesday, Nu Holdings Ltd [NYSE:NU] saw its stock fall -2.04% to $13.94. Over the last five days, the stock has gained 3.57%. Nu Holdings Ltd shares have risen nearly 67.35% since the year began. Nevertheless, the stocks have risen 70.83% over the past one year. While a 52-week high of $16.15 was reached on 11/12/24, a 52-week low of $8.04 was recorded on 01/03/24. SMA at 50 days reached $14.37, while 200 days put it at $12.72.
Levels Of Support And Resistance For NU Stock
The 24-hour chart illustrates a support level at 13.74, which if violated will result in even more drops to 13.53. On the upside, there is a resistance level at 14.33. A further resistance level may holdings at 14.71. The Relative Strength Index (RSI) on the 14-day chart is 44.47, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.47, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 74.62%. Stochastics %K at 28.31% indicates the stock is a holding.
How much short interest is there in Nu Holdings Ltd?
A steep rise in short interest was recorded in Nu Holdings Ltd stocks on 2024-11-15, dropping by -23.41 million shares to a total of 151.69 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 175.1 million shares. There was a decline of -15.43%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on October 18, 2023 when Redburn Atlantic began covering the stock and recommended ‘”an Overweight”‘ rating .
