BW Gestao de Investimentos Ltda. Decreases Stake in CI&T Inc. $CINT

Key Points

• BW Gestao de Investimentos Ltda. reduced its holdings in CI&T Inc. by 2.2%, retaining approximately 2.64 million shares, which constitutes about 0.5% of its investment portfolio.
• Wall Street analysts have a consensus rating of "Moderate Buy" for CI&T, with a price target average of $7.73, reflecting varied opinions ranging from "buy" to "hold" ratings.
• CI&T's stock has decreased by 1.1% and currently trades around $5.38 amidst a market valuation of approximately $724.58 million.

BW Gestao de Investimentos Ltda. lessened its holdings in CI&T Inc. (NYSE:CINT - Free Report) by 2.2% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 2,639,839 shares of the company's stock after selling 59,902 shares during the period. CI&T comprises 0.5% of BW Gestao de Investimentos Ltda.'s holdings, making the stock its 22nd biggest position. BW Gestao de Investimentos Ltda. owned 1.96% of CI&T worth $15,760,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Cubist Systematic Strategies LLC lifted its position in CI&T by 82.2% during the fourth quarter. Cubist Systematic Strategies LLC now owns 18,755 shares of the company's stock valued at $114,000 after acquiring an additional 8,459 shares during the last quarter. Hsbc Holdings PLC purchased a new stake in CI&T during the first quarter valued at approximately $62,000. Stifel Financial Corp purchased a new stake in CI&T during the fourth quarter valued at approximately $68,000. Walleye Capital LLC purchased a new stake in CI&T during the first quarter valued at approximately $103,000. Finally, Two Sigma Investments LP purchased a new stake in CI&T during the fourth quarter valued at approximately $111,000. Hedge funds and other institutional investors own 92.45% of the company's stock.

CI&T Price Performance

Shares of NYSE:CINT traded up $0.01 during midday trading on Monday, hitting $5.21. The company's stock had a trading volume of 47,797 shares, compared to its average volume of 144,298. The business's 50 day simple moving average is $5.48 and its 200 day simple moving average is $5.81. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.49 and a current ratio of 1.49. The company has a market cap of $701.68 million, a P/E ratio of 21.73 and a beta of 1.17. CI&T Inc. has a 12-month low of $4.42 and a 12-month high of $8.00.

CI&T (NYSE:CINT - Get Free Report) last posted its quarterly earnings results on Wednesday, August 13th. The company reported $0.07 earnings per share for the quarter, topping the consensus estimate of $0.06 by $0.01. The firm had revenue of $116.32 million for the quarter, compared to the consensus estimate of $659.84 million. CI&T had a net margin of 7.27% and a return on equity of 11.34%. CI&T has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, analysts forecast that CI&T Inc. will post 0.2 EPS for the current year.

Analyst Ratings Changes

A number of research firms recently commented on CINT. UBS Group decreased their target price on shares of CI&T from $8.00 to $6.80 and set a "neutral" rating for the company in a research report on Tuesday, July 22nd. Canaccord Genuity Group restated a "buy" rating and set a $8.00 price target (down previously from $10.00) on shares of CI&T in a research note on Thursday, June 26th. Cowen restated a "buy" rating on shares of CI&T in a research note on Wednesday, May 14th. JPMorgan Chase & Co. upgraded shares of CI&T from a "neutral" rating to an "overweight" rating and set a $7.00 price target on the stock in a research note on Monday, May 19th. Finally, Wall Street Zen upgraded shares of CI&T from a "hold" rating to a "buy" rating in a research note on Saturday, August 16th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and an average target price of $7.80.

About CI&T

CI&T, Inc provides strategy, design and software engineering services to enable digital transformation. The firm's solutions and services include Digital Strategy, Customer-Centric Design and Top-of-the-Line Software Engineering. The company was founded by Cesar Nivaldo Gon, Bruno Guiçardi Neto and Fernando Matt Borges Martins on June 7, 2021 and is headquartered in Sao Paulo, Brazil.