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Unusual call option trade in Nu Holdings Ltd (NU) worth $440,000

ProDentim

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On April 28, 2023 at 09:56:30 ET, an unusually large $440,000 block of call contracts in Nu Holdings Ltd (NU) was sold, with a strike price of $6.00/share, expiring in 175 day(s) (20th, 2023). Fintel tracks all large option trades, and the premium spent on this trade was 5.56 sigma above the average, placing it in the 100.00th percentile of all recent large trades in NU options. .

This trade was first detected on Fintel’s real-time options feed tool, where unusual options trades are highlighted.

What is fund sentiment?

There are 300 funds or institutions reporting positions in Nu Holdings Ltd. This is an increase of 27 owners or 9.89% over the last quarter. Average portfolio weight of all funds dedicated to NU is 1.86%, a decrease of 12.88%. The total number of shares held by institutions has increased over the past three months by 7.96% to 2,460,602,000 shares. NU’s put/call ratio is 0.52, indicating a bullish outlook.

Analyst price forecast suggests 42.10% upside

As of April 24, 2023, the one-year average price target for Nu Holdings Ltd was $7.18. The forecast ranges from a low of $3.03 to a high of $13.12. The average price target represents a 42.10% increase from its last reported closing price of $5.05.

Check out our ranking of companies with the biggest upward price target.

The forecast annual revenue for Nu Holdings Ltd is $6,357 million, an increase of 245.60%. Projected annual non-GAAP EPS is $0.08.

What are the other shareholders doing?

NU / Nu Holdings Ltd Class A shares held by institutions

Schf holds 1,558,000 shares representing 0.03% ownership of the company. In its previous filing, the company said it held 3,246,000 shares, representing a decrease of 108.41%. The company decreases its NU portfolio allocation of 34.41% in the last quarter.

Exchange Traded Concepts owns 319,000 shares representing 0.01% ownership of the company. In its previous filing, the company said it held 295,000 shares, representing a raise of 7.58%. The company increase its NU portfolio allocation of 120,958.76% in the last quarter.

Natixis Advisors holds 167,000 shares representing 0.00% of the company’s capital. In its previous filing, the company said it held 223,000 shares, representing a decrease of 32.95%. The company decreases its NU portfolio allocation of 99.94% in the last quarter.

Td Asset Management holds 4,402,000 shares representing 0.09% ownership of the company. In its previous filing, the company said it held 666,000 shares, representing a raise of 84.88%. The company increase its NU portfolio allocation of 497.56% in the last quarter.

Old Well Partners holds 1,468,000 shares representing 0.03% ownership of the company. In its previous filing, the company said it held 1,333,000 shares, representing a raise of 9.19%. The company increase its NU portfolio allocation of 6.06% in the last quarter.

General information about Nu Holdings
(This description is provided by the company.)

Nu Holdings Ltd is a Brazil-based company that provides digital banking platform.

See all Nu Holdings Ltd regulatory filings.

This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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