DLocal Target of Unusually Large Options Trading (NASDAQ:DLO)

Key Points

• DLocal saw unusually heavy options activity on Wednesday, with traders buying 25,648 call options — about a 292% jump above its typical daily volume.
• Analysts remain mostly positive on the stock, with a consensus rating of Buy and an average price target of $17.25. UBS recently upgraded DLocal to Buy and raised its target to $20.
• The company posted solid recent results, beating earnings and revenue estimates in its latest quarter, while insiders and institutions continue to hold significant stakes in the stock.

DLocal Limited (NASDAQ:DLO - Get Free Report) saw some unusual options trading on Wednesday. Stock traders purchased 25,648 call options on the company. This represents an increase of 292% compared to the typical daily volume of 6,546 call options.

Analyst Ratings Changes

Several analysts have issued reports on the stock. The Goldman Sachs Group restated a "buy" rating and set a $17.00 price target on shares of DLocal in a research report on Thursday, April 30th. Truist Financial decreased their price objective on DLocal from $16.00 to $15.00 and set a "buy" rating on the stock in a report on Wednesday, May 27th. Weiss Ratings restated a "hold (c)" rating on shares of DLocal in a report on Monday, April 20th. Wall Street Zen lowered DLocal from a "buy" rating to a "hold" rating in a research report on Monday, May 18th. Finally, UBS Group raised DLocal from a "neutral" rating to a "buy" rating and lifted their price target for the stock from $16.00 to $20.00 in a research note on Wednesday, July 1st. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus price target of $17.25.

Insider Transactions at DLocal

In other news, Director William Rodney Pruett purchased 20,000 shares of the stock in a transaction dated Friday, May 29th. The shares were purchased at an average cost of $11.85 per share, with a total value of $237,000.00. Following the completion of the acquisition, the director owned 108,043 shares in the company, valued at $1,280,309.55. This represents a 22.72% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Sebastian Kanovich sold 25,700 shares of the firm's stock in a transaction on Tuesday, July 7th. The shares were sold at an average price of $15.50, for a total transaction of $398,350.00. Following the completion of the transaction, the director directly owned 25,700 shares of the company's stock, valued at approximately $398,350. The trade was a 50.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 45.44% of the company's stock.

Institutional Investors Weigh In On DLocal

Large investors have recently made changes to their positions in the company. IFP Advisors Inc bought a new stake in DLocal during the 3rd quarter valued at approximately $26,000. Caitong International Asset Management Co. Ltd increased its holdings in DLocal by 114.6% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,826 shares of the company's stock valued at $26,000 after acquiring an additional 975 shares during the last quarter. University of Texas Texas AM Investment Management Co. bought a new stake in DLocal in the 4th quarter valued at $40,000. Banque Cantonale Vaudoise purchased a new position in shares of DLocal during the first quarter valued at about $42,000. Finally, Kestra Advisory Services LLC purchased a new stake in shares of DLocal in the fourth quarter worth about $95,000. 90.13% of the stock is currently owned by institutional investors.

DLocal Trading Down 0.2%

DLocal stock traded down $0.03 on Wednesday, hitting $14.81. 683,722 shares of the stock traded hands, compared to its average volume of 2,016,362. The firm has a market cap of $4.37 billion, a P/E ratio of 23.49 and a beta of 0.97. The business's fifty day simple moving average is $12.79 and its 200 day simple moving average is $13.04. DLocal has a 1 year low of $9.81 and a 1 year high of $16.78.

DLocal (NASDAQ:DLO - Get Free Report) last issued its quarterly earnings results on Thursday, May 14th. The company reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.01. DLocal had a net margin of 15.85% and a return on equity of 41.22%. The company had revenue of $335.86 million during the quarter, compared to analyst estimates of $331.20 million. During the same period last year, the business earned $0.15 EPS. DLocal's quarterly revenue was up 54.9% compared to the same quarter last year. As a group, analysts predict that DLocal will post 0.81 earnings per share for the current year.

DLocal Company Profile

dLocal is a fintech company specializing in cross-border payments and payouts for global merchants operating in emerging markets. Headquartered in Montevideo, Uruguay, the company offers a technology platform that simplifies complex payment flows, enabling businesses to connect with local payment methods through a single integration.

The dLocal platform supports a wide range of local payment options, including credit and debit cards, bank transfers, e-wallets and cash-based methods. It incorporates risk-management tools, compliance services and anti-fraud solutions to help clients navigate regulatory requirements and minimize payment failures across diverse jurisdictions.

dLocal serves merchants in sectors such as e-commerce, online marketplaces, digital content and gig economy platforms.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.