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Nu Holdings Ltd (NU) rating upgrades by JP Morgan

Nu Holdings Ltd’s filing revealed that its Officer Duggal Jagpreet Singh acquired Company’s shares for reported $9.25 million on Apr 28 ’25. In the deal valued at $12.76 per share,724,891 shares were bought.

Then, JAGPREET SINGH DUGGAL bought 86,754 shares, generating $1,032,373 in total proceeds.

Before that, JAGPREET SINGH DUGGAL bought 130,176 shares. Nu Holdings Ltd shares valued at $1,500,929 were divested by the Officer at a price of $11.53 per share.

JP Morgan upgraded its Nu Holdings Ltd [NU] rating to an Overweight from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Citigroup’s analysts, who decreased its forecast for the stock in early December from “a Neutral” to “a Sell”. Itau BBA also remained covering NU and has decreased its forecast on November 14, 2024 with a “Market perform” recommendation from previously “an Outperform” rating. UBS revised its rating on August 02, 2024. It rated NU as “a Neutral” which previously was an “a Buy”.

Price Performance Review of NU

On Monday, Nu Holdings Ltd [NYSE:NU] saw its stock jump 1.08% to $12.14. Over the last five days, the stock has gained 13.35%. Nu Holdings Ltd shares have risen nearly 17.18% since the year began. Nevertheless, the stocks have risen 12.72% over the past one year. While a 52-week high of $16.15 was reached on 02/07/25, a 52-week low of $9.01 was recorded on 04/04/25. SMA at 50 days reached $11.14, while 200 days put it at $12.69.

Levels Of Support And Resistance For NU Stock

The 24-hour chart illustrates a support level at 11.98, which if violated will result in even more drops to 11.81. On the upside, there is a resistance level at 12.27. A further resistance level may holdings at 12.39. The Relative Strength Index (RSI) on the 14-day chart is 63.21, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.95, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 3.60%. Stochastics %K at 98.34% indicates the stock is a selling.

How much short interest is there in Nu Holdings Ltd?

A steep rise in short interest was recorded in Nu Holdings Ltd stocks on 2025-04-15, dropping by -35.89 million shares to a total of 133.35 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 169.24 million shares. There was a decline of -26.91%, which implies that there is a negative sentiment for the stock.

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