NEW YORK, March 26, 2026, 10:40 EDT
Nu Holdings slipped early Thursday, down 1.1% to $14.17 in New York after a filing revealed Chief Growth Officer Cristina Junqueira unloaded 300,000 Class A shares, netting about $4.44 million. SEC
This sale comes at a tricky moment for the share price. Nu last month posted a 50% jump in fourth-quarter net profit to $894.8 million, with revenue up 45% to $4.86 billion and customer numbers at 131 million. Even with those numbers, investors are still debating if that momentum’s enough to counteract rising costs and a tougher credit environment, especially as competition heats up in Mexico. Reuters
According to the Form 4, Junqueira unloaded 220,000 shares at a weighted average price of $14.8151, plus another 80,000 shares at $14.8105, both transactions executed on March 23 via family trusts. Even after those sales, the filing shows she still held 2.62 million shares directly, in addition to various indirect stakes. SEC
Two Rule 144 notices, both filed March 23, foreshadowed the move. Junqueira’s filing listed 220,000 shares—roughly $3.26 million—via The Cristina H Z J Revocable Trust. Another notice reported 80,000 shares, valued near $1.18 million, through The Rubens F Pereira Rev Trust. SEC
Nu, which owns Nubank and is publicly traded, has set up shop across Brazil, Mexico, and Colombia, gearing up for a U.S. entry. Chief Financial Officer Guilherme Lago, speaking to Reuters, credited the profit jump to a growing customer base, higher revenue per active user, and steady service costs—“This brings positive leverage to revenue,” he said. Still, analysts at JPMorgan and Citi flagged concerns in the quarter about taxes, spending, and potential loan losses. Reuters
Competition’s heating up. Back in February, Bloomberg highlighted that Plata, out of Mexico, secured a banking license before rivals like Nubank and Mercado Pago. The news outlet also previously noted Revolut got the green light to launch banking operations in Mexico, turning up the pressure in the digital banking chase. Bloomberg.com
Thursday’s drop came against a backdrop of wider selling. By 9:40 a.m. ET, the Nasdaq had slipped 1.2% and the S&P 500 was off 0.86% as traders factored in renewed jitters over the Middle East. Nu’s slide was swept up in the broader risk-off mood. Reuters
Nu’s still cranking out growth, and it’s got real heft as a lender. But investors haven’t taken their eyes off margin discipline, even with customer numbers climbing. According to Reuters/LSEG, revenue hit $15.77 billion and net income reached $2.87 billion in 2025. Now, shareholders are left weighing whether the recent selloff is just market static—or a red flag. Reuters
