DLocal Limited $DLO Shares Sold by General Atlantic L.P.

Key Points

• General Atlantic cut its DLocal stake by 27.0%, selling 17.25 million shares in Q3 but remaining the largest holder with 46.66 million shares (about a 14.93% ownership, worth roughly $666.3 million) and representing ~20% of GA’s portfolio.
• Institutional ownership is very high at 90.13%, with other firms actively trading the stock (e.g., Marshall Wace +14.8%, Proem Advisors +83.5% and Paradice opening a new position), showing continued institutional interest and repositioning.
• Analysts have a consensus rating of “Moderate Buy” with an average price target of $17.22, while DLocal trades around $11.34 (52‑week range $7.61–$16.78), implying notable upside to the street consensus.

General Atlantic L.P. cut its holdings in DLocal Limited (NASDAQ:DLO - Free Report) by 27.0% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 46,656,695 shares of the company's stock after selling 17,250,000 shares during the period. DLocal makes up approximately 20.0% of General Atlantic L.P.'s investment portfolio, making the stock its largest position. General Atlantic L.P. owned about 14.93% of DLocal worth $666,258,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Marshall Wace LLP boosted its holdings in DLocal by 14.8% in the 3rd quarter. Marshall Wace LLP now owns 3,080,054 shares of the company's stock valued at $43,983,000 after purchasing an additional 396,066 shares during the period. Paradice Investment Management LLC bought a new position in shares of DLocal during the third quarter worth approximately $14,343,000. Goldman Sachs Group Inc. raised its position in shares of DLocal by 4.1% in the first quarter. Goldman Sachs Group Inc. now owns 575,111 shares of the company's stock valued at $4,796,000 after buying an additional 22,803 shares in the last quarter. Proem Advisors LLC boosted its stake in shares of DLocal by 83.5% in the third quarter. Proem Advisors LLC now owns 575,000 shares of the company's stock valued at $8,211,000 after buying an additional 261,702 shares during the period. Finally, Ameriprise Financial Inc. boosted its stake in shares of DLocal by 6.9% in the second quarter. Ameriprise Financial Inc. now owns 563,990 shares of the company's stock valued at $6,396,000 after buying an additional 36,319 shares during the period. 90.13% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. JPMorgan Chase & Co. lowered their price objective on DLocal from $18.50 to $18.00 and set an "overweight" rating on the stock in a research note on Monday, February 2nd. Weiss Ratings reiterated a "hold (c)" rating on shares of DLocal in a research report on Wednesday, January 21st. Truist Financial set a $17.00 target price on DLocal in a report on Tuesday, January 20th. Finally, Itau BBA Securities initiated coverage on DLocal in a research note on Wednesday, December 17th. They issued an "outperform" rating and a $21.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $17.22.

DLocal Trading Down 1.8%

Shares of DLO opened at $11.34 on Friday. DLocal Limited has a 52-week low of $7.61 and a 52-week high of $16.78. The business's fifty day moving average is $13.18 and its 200-day moving average is $13.81. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.46 and a current ratio of 1.46. The firm has a market cap of $3.54 billion, a price-to-earnings ratio of 20.25 and a beta of 1.14.

About DLocal

dLocal is a fintech company specializing in cross-border payments and payouts for global merchants operating in emerging markets. Headquartered in Montevideo, Uruguay, the company offers a technology platform that simplifies complex payment flows, enabling businesses to connect with local payment methods through a single integration.

The dLocal platform supports a wide range of local payment options, including credit and debit cards, bank transfers, e-wallets and cash-based methods. It incorporates risk-management tools, compliance services and anti-fraud solutions to help clients navigate regulatory requirements and minimize payment failures across diverse jurisdictions.

dLocal serves merchants in sectors such as e-commerce, online marketplaces, digital content and gig economy platforms.

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