NU
Big money still likes the NU story
Ninety One UK Ltd reportedly increased its Nu Holdings position by 9.1% in Q4, ending up with 7,853,707 shares worth about $131.47 million. That’s not pocket change — it’s the kind of move that says a serious institutional player still sees upside in the Brazilian fintech’s growth machine.
But the insiders are tapping the brakes
At the same time, CEO Cristina Helena Zing Junqueira sold 300,000 shares on March 23 at an average price of $14.81, pocketing about $4.44 million. That doesn’t automatically mean the company’s in trouble — executives sell for all sorts of reasons — but it does give investors one more thing to chew on.
Why you should care
Nu just reminded everyone it can still deliver on the operating side too, reporting Q4 EPS of $0.19 on revenue of $4.86 billion, both ahead of estimates. So the setup here is pretty classic: the business is growing, big funds are buying, and insiders are trimming a little. Like a party where one guest is arriving with champagne and another is quietly heading for the door.
The market’s read
The stock still carries a “Moderate Buy” consensus, with an average target of $18.24. That suggests Wall Street is still leaning optimistic, even after a run that’s made Nu one of the more closely watched fintech names in emerging markets.
Big picture: institutional buying like this tends to matter more than the headline suggests, especially when it lines up with decent earnings. But the insider sale keeps the story from being a straight-up victory lap.