VTEX (NYSE:VTEX) Holdings Lessened by Dynamo Administracao de Recursos Ltda.

Dynamo Administracao de Recursos Ltda. decreased its stake in VTEX (NYSE:VTEX - Free Report) by 44.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 68,879 shares of the company's stock after selling 56,241 shares during the quarter. VTEX makes up 2.1% of Dynamo Administracao de Recursos Ltda.'s holdings, making the stock its 3rd biggest position. Dynamo Administracao de Recursos Ltda.'s holdings in VTEX were worth $349,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Softbank Group CORP. grew 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. Polar Capital Holdings Plc boosted its position in VTEX by 21.8% during the fourth quarter. Polar Capital Holdings Plc now owns 5,229,168 shares of the company's stock worth $30,800,000 after acquiring an additional 936,551 shares during the last quarter. Millennium Management LLC boosted its position in VTEX by 371.2% during the fourth quarter. Millennium Management LLC now owns 2,599,366 shares of the company's stock worth $15,310,000 after acquiring an additional 2,047,671 shares during the last quarter. AMS Capital Ltda boosted 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 last quarter. Finally, Banco BTG Pactual S.A. boosted its position in VTEX by 86.4% during the first quarter. Banco BTG Pactual S.A. now owns 1,671,340 shares of the company's stock worth $8,474,000 after acquiring an additional 774,484 shares during the last quarter. Institutional investors and hedge funds own 63.69% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on VTEX shares. UBS Group lowered their price target on shares of VTEX from $11.00 to $10.00 and set a "buy" rating on the stock in a research report on Friday. Jefferies Financial Group started coverage on shares of VTEX in a research report on Thursday, May 22nd. They set a "hold" rating and a $7.30 price target on the stock. JPMorgan Chase & Co. boosted their price target on shares of VTEX from $6.50 to $7.50 and gave the stock an "overweight" rating in a research report on Tuesday, May 27th. Finally, Wall Street Zen lowered shares of VTEX from a "buy" rating to a "hold" rating in a research report on Saturday. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $7.88.

VTEX Trading Down 2.4%

VTEX stock traded down $0.16 during trading on Friday, reaching $6.49. 1,061,952 shares of the stock were exchanged, compared to its average volume of 653,109. The business has a 50 day moving average price of $5.82 and a 200-day moving average price of $5.78. VTEX has a 1 year low of $4.20 and a 1 year high of $8.03. The firm has a market capitalization of $1.19 billion, a price-to-earnings ratio of 108.18 and a beta of 1.36.

VTEX (NYSE:VTEX - Get Free Report) last issued its earnings results on Tuesday, May 6th. The company reported $0.01 EPS for the quarter, topping 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 for the quarter, compared to the consensus estimate of $52.81 million. On average, research analysts anticipate that VTEX will post 0.08 EPS for the current year.

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.