American Century Companies Inc. Cuts Stock Holdings in VTEX $VTEX

American Century Companies Inc. reduced its holdings in shares of VTEX (NYSE:VTEX - Free Report) by 69.5% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 37,869 shares of the company's stock after selling 86,451 shares during the period. American Century Companies Inc.'s holdings in VTEX were worth $192,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. Nuveen LLC bought a new stake in VTEX in the first quarter valued at approximately $7,016,000. BNP Paribas Financial Markets bought a new stake in VTEX during the fourth quarter worth $248,000. Softbank Group CORP. raised its position in shares of VTEX by 93.4% in the fourth quarter. Softbank Group CORP. now owns 38,434,587 shares of the company's stock valued at $226,380,000 after purchasing an additional 18,559,399 shares during the period. TimesSquare Capital Management LLC bought a new position in shares of VTEX in the first quarter valued at about $661,000. Finally, AMS Capital Ltda increased its position in VTEX by 51.5% during the first quarter. AMS Capital Ltda now owns 1,699,053 shares of the company's stock worth $8,614,000 after acquiring an additional 577,580 shares during the period. 63.69% of the stock is owned by institutional investors.

VTEX Trading Down 1.1%

VTEX stock traded down $0.05 during mid-day trading on Wednesday, hitting $4.03. 1,298,991 shares of the stock were exchanged, compared to its average volume of 1,010,150. The company has a quick ratio of 3.31, a current ratio of 3.31 and a debt-to-equity ratio of 0.01. VTEX has a 12 month low of $3.91 and a 12 month high of $7.58. The firm's fifty day simple moving average is $5.25 and its two-hundred day simple moving average is $5.47. The stock has a market capitalization of $735.77 million, a price-to-earnings ratio of 50.32 and a beta of 1.31.

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

Analyst Upgrades and Downgrades

VTEX has been the topic of a number of recent research reports. UBS Group lowered their price target on shares of VTEX from $10.00 to $8.00 and set a "buy" rating on the stock in a research report on Friday, August 22nd. Wall Street Zen upgraded shares of VTEX from a "hold" rating to a "buy" rating in a research note on Saturday, August 16th. Citigroup started coverage on shares of VTEX in a research note on Monday, June 23rd. They issued a "buy" rating and a $10.00 price target on the stock. Jefferies Financial Group started coverage on shares of VTEX in a research note on Thursday, May 22nd. They issued a "hold" rating and a $7.30 price target on the stock. Finally, JPMorgan Chase & Co. restated a "neutral" rating and issued a $6.00 price target (down from $7.50) on shares of VTEX in a research note on Friday, August 8th. 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, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $7.83.

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.