Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Nu Holdings Ltd shares valued at $1,702,722 were purchased by Duggal Jagpreet Singh on Nov 26 ’24. At $15.33 per share, Duggal Jagpreet Singh acquired 111,047 shares.
Also, Olivier Vitor Guarino purchased 471,214 shares, netting a total of over 6,785,990 in proceeds.
Before that, Youssef Lahrech had added 36,000 shares to its account. In a trade valued at $499,320, the Affiliate bought Nu Holdings Ltd shares for $13.87 each.
As published in a research note from Citigroup on December 02, 2024, Nu Holdings Ltd [NU] has been rated down from a Neutral to a Sell and the price target has been revised to $11 from $14.60. Analysts at Itau BBA downgraded the stock from ‘”an Outperform”‘ to ‘”a Market perform”‘ outlook in a report released in mid November. As of August 02, 2024, UBS has decreased its “Buy” rating to a “Neutral” for NU. Earlier on July 22, 2024, JP Morgan downgraded its rating. Their new recommendation was “a Neutral” for NU stock which previously was a “an Overweight”.
Analyzing NU Stock Performance
During the last five days, there has been a surge of approximately 6.84%. Over the course of the year, Nu Holdings Ltd shares have jumped approximately 17.66%. Shares of the company reached a 52-week high of $12.24 on 01/22/25 and a 52-week low of $10.23 on 01/02/25. A 50-day SMA is recorded $12.16, while a 200-day SMA reached $12.72. Nevertheless, trading volume fell to 29.63 million shares from 54.77 million shares the previous day.
Support And Resistance Levels for Nu Holdings Ltd (NU)
According to the 24-hour chart, there is a support level at 11.91, which, if violated, would cause prices to drop to 11.64. In the upper region, resistance lies at 12.34. The next price resistance is at 12.48. RSI (Relative Strength Index) is 61.82 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.61, which suggests the price will decrease in the coming days. Percent R is at 2.49%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
