42,036 Shares in VTEX (NYSE:VTEX) Purchased by BNP Paribas Financial Markets

BNP Paribas Financial Markets acquired a new position in VTEX (NYSE:VTEX - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 42,036 shares of the company's stock, valued at approximately $248,000.

A number of other hedge funds also recently modified their holdings of the company. AMS Capital Ltda lifted its holdings in shares of VTEX by 54.4% during the fourth quarter. AMS Capital Ltda now owns 1,121,473 shares of the company's stock valued at $6,605,000 after acquiring an additional 395,030 shares during the period. Walleye Capital LLC bought a new position in shares of VTEX during the fourth quarter valued at $1,165,000. Arrowstreet Capital Limited Partnership bought a new position in shares of VTEX during the fourth quarter valued at $925,000. Trexquant Investment LP lifted its holdings in shares of VTEX by 38.3% during the fourth quarter. Trexquant Investment LP now owns 482,556 shares of the company's stock valued at $2,842,000 after acquiring an additional 133,647 shares during the period. Finally, Artisan Partners Limited Partnership lifted its holdings in shares of VTEX by 7.9% during the fourth quarter. Artisan Partners Limited Partnership now owns 1,463,925 shares of the company's stock valued at $8,623,000 after acquiring an additional 106,920 shares during the period. Institutional investors own 63.69% of the company's stock.

VTEX Trading Down 0.2%

NYSE VTEX traded down $0.02 on Monday, hitting $6.40. 813,233 shares of the company were exchanged, compared to its average volume of 638,450. The firm has a 50 day moving average of $5.52 and a two-hundred day moving average of $5.75. The company has a market cap of $1.17 billion, a P/E ratio of 106.60 and a beta of 1.29. VTEX has a 1-year low of $4.20 and a 1-year high of $8.03.

VTEX (NYSE:VTEX - Get Free Report) last issued its quarterly earnings results on Tuesday, May 6th. The company reported $0.01 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.01) by $0.02. The business had revenue of $54.20 million for the quarter, compared to the consensus estimate of $52.81 million. VTEX had a net margin of 3.97% and a return on equity of 3.60%. Research analysts anticipate that VTEX will post 0.08 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have issued reports on VTEX. Wall Street Zen cut VTEX from a "buy" rating to a "hold" rating in a report on Saturday, May 24th. JPMorgan Chase & Co. lifted their price objective on VTEX from $6.50 to $7.50 and gave the company an "overweight" rating in a report on Tuesday, May 27th. 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 for the company. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, VTEX presently has an average rating of "Hold" and a consensus price target of $8.13.

VTEX 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.