Aberdeen Group plc Invests $1.34 Million in VTEX $VTEX

Key Points

• Aberdeen Group plc has invested approximately $1.34 million in VTEX, acquiring 265,513 shares, which is about 0.15% of the company's stock.
• VTEX reported earnings of $0.02 per share for the last quarter, meeting expectations, but its revenue of $58.80 million fell short of analyst predictions of $60.35 million.
• Various analysts have set price targets for VTEX, with Citigroup and UBS maintaining "buy" ratings but adjusting price targets, Arsenal's average target price being $8.33.

Aberdeen Group plc purchased a new position in shares of VTEX (NYSE:VTEX - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 265,513 shares of the company's stock, valued at approximately $1,337,000. Aberdeen Group plc owned about 0.15% of VTEX at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. State of Wyoming purchased a new stake in shares of VTEX during the fourth quarter worth approximately $45,000. Occudo Quantitative Strategies LP acquired a new position in VTEX during the fourth quarter worth $81,000. Graham Capital Management L.P. acquired a new position in VTEX during the fourth quarter worth $101,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in VTEX by 15.8% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,712 shares of the company's stock worth $157,000 after acquiring an additional 3,644 shares during the period. Finally, Point72 Asset Management L.P. grew its holdings in VTEX by 22.2% during the fourth quarter. Point72 Asset Management L.P. now owns 32,200 shares of the company's stock worth $190,000 after acquiring an additional 5,845 shares during the period. Hedge funds and other institutional investors own 63.69% of the company's stock.

VTEX Stock Down 0.9%

VTEX stock opened at $4.0050 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.31 and a current ratio of 3.31. The firm has a market capitalization of $732.11 million, a price-to-earnings ratio of 50.07 and a beta of 1.34. VTEX has a fifty-two week low of $3.93 and a fifty-two week high of $7.73. The stock's fifty day moving average is $5.88 and its two-hundred day moving average is $5.69.

VTEX (NYSE:VTEX - Get Free Report) last posted its earnings results on Thursday, August 7th. The company reported $0.02 earnings per share for the quarter, meeting the consensus estimate of $0.02. The company had revenue of $58.80 million for the quarter, compared to analyst estimates of $60.35 million. VTEX had a return on equity of 5.27% and a net margin of 5.80%. VTEX has set its FY 2025 guidance at EPS. Analysts predict that VTEX will post 0.08 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently weighed in on VTEX. Citigroup began coverage on VTEX in a report on Monday, June 23rd. They set a "buy" rating and a $10.00 price objective on the stock. UBS Group dropped their price objective on VTEX from $11.00 to $10.00 and set a "buy" rating on the stock in a report on Friday, June 13th. Wall Street Zen raised VTEX from a "hold" rating to a "buy" rating in a report on Saturday, August 16th. JPMorgan Chase & Co. reaffirmed a "neutral" rating and set a $6.00 price objective (down previously from $7.50) on shares of VTEX in a report on Friday, August 8th. Finally, Jefferies Financial Group began coverage on VTEX in a report on Thursday, May 22nd. They set a "hold" rating and a $7.30 price objective on the stock. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $8.33.

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.

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