VTEX (NYSE:VTEX) Stake Trimmed by Dynamo Administracao de Recursos Ltda.

Dynamo Administracao de Recursos Ltda. cut its position in shares of VTEX (NYSE:VTEX - Free Report) by 44.9% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 68,879 shares of the company's stock after selling 56,241 shares during the quarter. VTEX accounts for 2.1% of Dynamo Administracao de Recursos Ltda.'s portfolio, making the stock its 3rd largest position. Dynamo Administracao de Recursos Ltda.'s holdings in VTEX were worth $349,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of VTEX by 15.8% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,712 shares of the company's stock worth $157,000 after purchasing an additional 3,644 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich bought a new stake in shares of VTEX during the fourth quarter valued at approximately $33,000. Point72 Asset Management L.P. raised its position in shares of VTEX by 22.2% during the fourth quarter. Point72 Asset Management L.P. now owns 32,200 shares of the company's stock worth $190,000 after acquiring an additional 5,845 shares during the last quarter. Employees Retirement System of Texas lifted its holdings in VTEX by 15.1% in the fourth quarter. Employees Retirement System of Texas now owns 52,238 shares of the company's stock valued at $308,000 after buying an additional 6,836 shares during the period. Finally, Neuberger Berman Group LLC boosted its position in shares of VTEX by 47.7% in the 4th quarter. Neuberger Berman Group LLC now owns 22,131 shares of the company's stock worth $130,000 after purchasing an additional 7,145 shares during the last quarter. Institutional investors own 63.69% of the company's stock.

VTEX Trading Down 0.1%

Shares of VTEX traded down $0.01 during mid-day trading on Thursday, reaching $6.66. The company's stock had a trading volume of 484,827 shares, compared to its average volume of 648,572. The stock has a market cap of $1.22 billion, a PE ratio of 111.02 and a beta of 1.36. VTEX has a 52 week low of $4.20 and a 52 week high of $8.03. The company's fifty day moving average price is $5.74 and its two-hundred day moving average price is $5.78.

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, beating analysts' consensus estimates of ($0.01) by $0.02. VTEX had a net margin of 3.97% and a return on equity of 3.60%. The company had revenue of $54.20 million during the quarter, compared to analysts' expectations of $52.81 million. Research analysts anticipate that VTEX will post 0.08 EPS for the current year.

Analysts Set New Price Targets

A number of analysts have recently commented on the stock. Wall Street Zen raised shares of VTEX from a "hold" rating to a "buy" rating in a research report on Friday, June 6th. JPMorgan Chase & Co. raised their price objective on VTEX from $6.50 to $7.50 and gave the company an "overweight" rating in a research note on Tuesday, May 27th. Finally, Jefferies Financial Group initiated coverage on VTEX in a research note on Thursday, May 22nd. They issued a "hold" rating and a $7.30 price objective on the stock. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, VTEX has a consensus rating of "Moderate Buy" and an average price target of $8.13.

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.