Aberdeen Group plc Purchases Shares of 265,513 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 stake in shares of VTEX (NYSE:VTEX - Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 265,513 shares of the company's stock, valued at approximately $1,337,000. Aberdeen Group plc owned approximately 0.15% of VTEX at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of VTEX. Raymond James Financial Inc. purchased a new position in shares of VTEX during the fourth quarter valued at $399,000. Marshall Wace LLP grew its stake in VTEX by 2.2% in the fourth quarter. Marshall Wace LLP now owns 511,985 shares of the company's stock valued at $3,016,000 after purchasing an additional 11,042 shares in the last quarter. Northern Trust Corp grew its stake in VTEX by 245.2% in the fourth quarter. Northern Trust Corp now owns 136,898 shares of the company's stock valued at $806,000 after purchasing an additional 97,239 shares in the last quarter. Dynamo Administracao de Recursos Ltda. grew its stake in VTEX by 216.5% in the fourth quarter. Dynamo Administracao de Recursos Ltda. now owns 125,120 shares of the company's stock valued at $737,000 after purchasing an additional 85,589 shares in the last quarter. Finally, BNP Paribas Financial Markets purchased a new position in VTEX in the fourth quarter valued at about $248,000. Hedge funds and other institutional investors own 63.69% of the company's stock.

VTEX Stock Performance

Shares of NYSE VTEX traded down $0.10 during trading hours on Wednesday, hitting $4.02. 1,447,935 shares of the company's stock were exchanged, compared to its average volume of 1,612,858. VTEX has a 1-year low of $3.93 and a 1-year high of $7.58. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.31 and a quick ratio of 3.31. The stock has a market capitalization of $733.94 million, a price-to-earnings ratio of 50.19 and a beta of 1.34. The company's 50-day moving average price is $5.69 and its 200-day moving average price is $5.62.

VTEX (NYSE:VTEX - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported $0.02 earnings per share for the quarter, hitting the consensus estimate of $0.02. VTEX had a return on equity of 5.27% and a net margin of 5.80%.The business had revenue of $58.80 million during the quarter, compared to analysts' expectations of $60.35 million. VTEX has set its FY 2025 guidance at EPS. On average, sell-side analysts expect that VTEX will post 0.08 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have commented on VTEX shares. Jefferies Financial Group started coverage on VTEX in a research note on Thursday, May 22nd. They issued a "hold" rating and a $7.30 target price on the stock. UBS Group decreased their price target on VTEX from $10.00 to $8.00 and set a "buy" rating for the company in a research note on Friday, August 22nd. Citigroup started coverage on VTEX in a research note on Monday, June 23rd. They set a "buy" rating and a $10.00 price target for the company. Wall Street Zen upgraded VTEX from a "hold" rating to a "buy" rating in a research note on Saturday, August 16th. Finally, JPMorgan Chase & Co. reiterated a "neutral" rating and set a $6.00 price target (down previously from $7.50) on shares of VTEX in a research note on Friday, August 8th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $7.83.

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.