Verde Servicos Internacionais S.A. Invests $412,000 in VTEX (NYSE:VTEX)

Verde Servicos Internacionais S.A. acquired a new stake in VTEX (NYSE:VTEX) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 70,000 shares of the company’s stock, valued at approximately $412,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Quarry LP increased its position in shares of VTEX by 105.7% in the third quarter. Quarry LP now owns 3,637 shares of the company’s stock valued at $27,000 after buying an additional 1,869 shares in the last quarter. Barclays PLC acquired a new stake in VTEX in the 3rd quarter valued at about $35,000. MQS Management LLC purchased a new position in VTEX during the 3rd quarter valued at about $91,000. Dynamic Technology Lab Private Ltd acquired a new position in VTEX during the third quarter worth about $134,000. Finally, Quadrature Capital Ltd purchased a new stake in shares of VTEX in the third quarter valued at about $165,000. 63.69% of the stock is owned by institutional investors and hedge funds.

VTEX Price Performance

NYSE:VTEX opened at $6.21 on Tuesday. The firm has a market cap of $1.14 billion, a PE ratio of 103.43 and a beta of 1.33. The firm has a 50 day simple moving average of $6.11 and a 200-day simple moving average of $6.63. VTEX has a 1-year low of $5.60 and a 1-year high of $9.59.

VTEX (NYSE:VTEX) last issued its quarterly earnings results on Tuesday, November 5th. The company reported $0.02 earnings per share for the quarter, meeting the consensus estimate of $0.02. VTEX had a return on equity of 3.60% and a net margin of 3.97%. The company had revenue of $56.00 million during the quarter, compared to the consensus estimate of $57.20 million. During the same period in the previous year, the firm posted ($0.01) EPS. VTEX’s revenue was up 10.6% on a year-over-year basis. As a group, sell-side analysts expect that VTEX will post 0.08 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

VTEX has been the subject of a number of recent research reports. JPMorgan Chase & Co. dropped their price objective on shares of VTEX from $9.50 to $9.00 and set an “overweight” rating for the company in a research note on Friday, January 10th. UBS Group dropped their price target on VTEX from $12.50 to $11.00 and set a “buy” rating for the company in a research report on Friday, December 20th. Finally, Citigroup assumed coverage on VTEX in a research report on Thursday, December 5th. They issued a “neutral” rating and a $6.70 price objective on the stock.

About VTEX

VTEX provides software-as-a-service digital commerce platform for enterprise brands and retailers. Its platform enables customers to execute their commerce strategy, including building online stores, integrating, and managing orders across channels, and creating marketplaces to sell products from third-party vendors.