In today’s recent session, 9.96 million shares of the Nu Holdings Ltd (NYSE:NU) have been traded, and its beta is 1.11. Most recently the company’s share price was $11.14, and it changed around -$0.24 or -2.11% from the last close, which brings the market valuation of the company to $53.26B. NU at last check was trading at a discount to its 52-week high of $16.15, offering almost -44.97% off that amount. The share price’s 52-week low was $9.67, which indicates that the recent value has risen by an impressive 13.2% since then. We note from Nu Holdings Ltd’s average daily trading volume that its 10-day average is 50.17 million shares, with the 3-month average coming to 48.35 million.
Nu Holdings Ltd stock received a consensus recommendation rating of Hold, based on a mean score of 2.32. If we narrow it down even further, the data shows that 2 out of 20 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 8 recommended NU as a Hold, whereas 7 deemed it a Buy, and 0 rated it as Underweight.
Nu Holdings Ltd (NYSE:NU) trade information
Instantly NU has been showing red trend so far today with a performance of -2.11% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 11.82 on recent trading dayincreased the stock’s daily price by 5.75%. The company’s shares are currently up 7.53% year-to-date, but still down -6.78% over the last five days. On the other hand, Nu Holdings Ltd (NYSE:NU) is -0.63% down in the 30-day period. We can see from the shorts that 169.24 million shares have been sold at a short interest cover period of 2.36 day(s).
The consensus price target as assigned by Wall Street analysts is $13.5, which translates to bulls needing to increase their stock price by 17.48% from its current value. Analyst projections state that NU is forecast to be at a low of $7 and a high of $16.
Nu Holdings Ltd (NYSE:NU)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 5.96% of Nu Holdings Ltd shares, and 82.92% of them are in the hands of institutional investors. The stock currently has a share float of 88.18%. Nu Holdings Ltd stock is held by 1028.0 institutions, with SC US (TTGP), LTD. being the largest institutional investor. By 2024-06-30, it held 5.2484% of the shares, which is about 251.3 million shares worth $3.24 billion.
CAPITAL RESEARCH GLOBAL INVESTORS, with 4.5424% or 217.5 million shares worth $2.8 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
EUROPACIFIC GROWTH FUND and Vanguard International Growth Fund were the top two Mutual Funds as of Dec 31, 2024. The former held 99.71 shares worth $1.1 billion, making up 2.69% of all outstanding shares. On the other hand, Vanguard International Growth Fund held roughly 69.09 shares worth around $763.76 million, which represents about 1.86% of the total shares outstanding.
