# Nu Holdings Ltd. (NU)

> Source: Nexqual · https://nexqual.com/NU · data as of 2026-10-23 20:00 UTC · cite as "Nexqual, Nu Holdings Ltd. (NU), nexqual.com/NU" · informational, not investment advice.

**Price:** USD 15.16 (+2.92% on the day) · last close of Oct 23, 2026; US market closed, not a live price. Prev close 14.73 · day 14.57–15.25 · 52w 11.2–18.98 · market cap $73.2B · NYQ

## Key facts
- 5 of 80 tracked superinvestors hold NU (13F, Q2 2026): 1 new, 2 added, 1 reduced, 1 unchanged.
- Insider open-market sales, last ~7 months: 5 Form 4 filings, $6.3M; 3 not under a Rule 10b5-1 plan ($4.6M); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 2.14 on a 1–5 scale) (22 analysts), mean target USD 18.92 (range 12–23).
- Total return with dividends: 1Y -4.3% vs S&P 500 +13.4%; 5Y +27.9% vs S&P 500 +76.9%.
- Next earnings: 2026-11-12, EPS estimate USD 0.22, revenue estimate $5.98B.

## Superinvestors (SEC 13F-HR, Q2 2026)
5 of 80 tracked investors hold NU. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Lee Ainslie | Maverick Capital | 4.29% | $475M | Added +58.4% |
| Stephen Mandel | Lone Pine Capital | 3.86% | $631M | Added +24.2% |
| Chase Coleman | Tiger Global Management | 0.61% | $147M | Unchanged |
| Polen Capital | Polen Capital Management | 0.09% | $10.1M | Reduced -38.2% |
| Glenn Greenberg | Brave Warrior Advisors | 0.01% | $534K | New position |

## Insider sales (SEC Form 4, open-market, last ~7 months)
2 of 5 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-10-05 | Junqueira Cristina Helena Zingaretti | US CEO and Chief Growth Offcr | 25,000 | $375K | 0.3% | Yes (adopted March 27, 2026) | Too little history (no open-market trades in 2023–2025) |
| 2026-08-24…2026-08-25 | Junqueira Cristina Helena Zingaretti | US CEO & Chief Growth Officer | 90,000 | $1.3M | 1% | Yes (adopted March 27, 2026) | Too little history (no open-market trades in 2023–2025) |
| 2026-08-14 | Fragelli Henrique Camossa Saldanha | Chief Risk Officer | 221,707 | $3.5M | 4.8% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-08-14 | Junqueira Cristina Helena Zingaretti | US CEO & Chief Growth Officer | 50,000 | $790K | 0.5% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-05-15 | Sands Anita M | Director | 21,000 | $257K | 11.5% | No | Too little history (no open-market trades in 2023–2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

## Analysts
Consensus Buy (mean 2.14 on a 1–5 scale), 22 analysts; mean target USD 18.92 (low 12, high 23).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-20 | UBS | Target raised | Buy | $18.2 → $20.5 |
| 2026-10-06 | JP Morgan | Target raised | Overweight | $20 → $23 |
| 2026-09-28 | Needham | Reiterated | Buy | $19 |
| 2026-09-16 | Itau BBA | Downgrade | Outperform → Market Perform | $20 → $18 |
| 2026-09-11 | Needham | Reiterated | Buy | $19 |
| 2026-08-25 | Wolfe Research | Target lowered | Outperform | $18 → $17 |
| 2026-08-20 | UBS | Target raised | Buy | $16.9 → $18.2 |
| 2026-08-14 | Susquehanna | Target raised | Neutral | $13 → $16 |
| 2026-08-14 | Needham | Target raised | Buy | $17 → $19 |
| 2026-07-07 | JP Morgan | Target raised | Overweight | $18 → $20 |
| 2026-06-26 | Needham | Initiated | Buy | $17 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2021-12-06) |
|---|---|---|
| Total return | -4.3% | +27.9% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | -4.3% | +5.2% |
| Volatility (annualized) | 42.4% | 49.7% |
| Max drawdown | -38.2% (Jan 2026→Jun 2026) | -70.7% (Dec 2021→Jun 2022) |

## Peers (Banks - Regional)
NWG (NatWest Group plc) USD 16.8 -1.12% · LYG (Lloyds Banking Group Plc) USD 5.33 -0.93% · TFC (Truist Financial Corporation) USD 48.44 +0.04% · DB (Deutsche Bank AG) USD 31.2 -0.89% · PNC (PNC Financial Services Group, I) USD 224.46 -0.47% · USB (U.S. Bancorp) USD 59.58 -0.73%

## More
Full page: https://nexqual.com/NU · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)

Named in NU's own 20-F filed 2026-04-08 (https://www.sec.gov/Archives/edgar/data/1691493/000129281426002166/nuform20f_2025.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | Nubank | "Additionally, we believe Nubank offers a better customer experience: the journey to acquire the product is completely" |
| Customer | Nu Investimentos | "of Easynvest and relaunched it under the Nu Investimentos brand with curated features to help our customers invest more easily in the" |
| Partner | Mastercard (MA) | "Our alliances with Arcus, by Mastercard, which began on March 12, 2024, represent significant" |
| Partner | Chubb Ltd (CB) | "app in partnership with Chubb Limited, or "Chubb", a leading global insurance policy underwriter, and by acquiring Easynvest," |

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $0.22 | $0.21 | +5.8% | $5.98B | 11 |
| Next quarter (ends 2026-12-31) | $0.24 | $0.22 | +8.5% | $6.29B | 10 |
| Current fiscal year (ends 2026-12-31) | $0.85 | $0.81 | +5.6% | $22.80B | 16 |
| Next fiscal year (ends 2027-12-31) | $1.11 | $1.07 | +3.8% | $28.27B | 16 |