VTEX (NYSE:VTEX) Shares Sold by Dynamo Internacional Gestao DE Recursos LTDA.

Dynamo Internacional Gestao DE Recursos LTDA. decreased its holdings in VTEX (NYSE:VTEX) by 7.8% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 5,648,948 shares of the company’s stock after selling 475,772 shares during the quarter. VTEX accounts for approximately 9.4% of Dynamo Internacional Gestao DE Recursos LTDA.’s holdings, making the stock its 3rd largest position. Dynamo Internacional Gestao DE Recursos LTDA. owned approximately 3.07% of VTEX worth $42,028,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. nVerses Capital LLC bought a new stake in VTEX during the second quarter worth approximately $40,000. Bayesian Capital Management LP acquired a new position in VTEX during the first quarter worth about $83,000. MQS Management LLC acquired a new position in VTEX during the third quarter worth about $91,000. Dynamic Technology Lab Private Ltd bought a new stake in VTEX in the third quarter worth about $134,000. Finally, Lazard Asset Management LLC lifted its holdings in VTEX by 52.3% in the 1st quarter. Lazard Asset Management LLC now owns 20,783 shares of the company’s stock valued at $169,000 after acquiring an additional 7,138 shares during the last quarter. 63.69% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. lifted their price objective on shares of VTEX from $9.00 to $10.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 7th. Five analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $10.40.

VTEX Stock Down 1.4 %

Shares of NYSE VTEX opened at $6.22 on Friday. VTEX has a 12 month low of $5.72 and a 12 month high of $9.59. The company has a market cap of $1.14 billion, a price-to-earnings ratio of 103.68 and a beta of 1.40. The business has a fifty day simple moving average of $6.84 and a 200-day simple moving average of $6.88.

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

VTEX Company Profile

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.