Empowered Funds LLC Invests $1.32 Million in DLocal Limited $DLO

Key Points

• Empowered Funds LLC acquired 102,072 DLocal shares during the first quarter, valued at approximately $1.32 million. Institutional investors collectively own 90.13% of the company.
• DLocal reported quarterly EPS of $0.17, beating estimates by $0.01, while revenue rose 54.9% year over year to $335.86 million. The stock opened at $14.40, down 2.5%, with a market capitalization of about $4.25 billion.
• Analyst sentiment remains broadly positive, with an average “Buy” rating and a $17.75 price target; recent targets range from $17 to $20. Insider activity was mixed, as one director sold 25,700 shares while another purchased 20,000.

Empowered Funds LLC bought a new stake in shares of DLocal Limited (NASDAQ:DLO - Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 102,072 shares of the company's stock, valued at approximately $1,324,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd increased its holdings in DLocal by 114.6% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,826 shares of the company's stock worth $26,000 after acquiring an additional 975 shares in the last quarter. IFP Advisors Inc purchased a new position in DLocal during the third quarter valued at $26,000. University of Texas Texas AM Investment Management Co. acquired a new stake in shares of DLocal in the fourth quarter valued at about $40,000. Banque Cantonale Vaudoise acquired a new stake in shares of DLocal in the first quarter valued at about $42,000. Finally, Kestra Advisory Services LLC purchased a new stake in shares of DLocal during the fourth quarter worth about $95,000. Institutional investors and hedge funds own 90.13% of the company's stock.

Insider Activity

In related news, Director Sebastian Kanovich sold 25,700 shares of the company's stock in a transaction dated Tuesday, July 7th. The shares were sold at an average price of $15.50, for a total transaction of $398,350.00. Following the completion of the sale, the director owned 25,700 shares of the company's stock, valued at approximately $398,350. This represents a 50.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director William Rodney Pruett acquired 20,000 shares of the business's stock in a transaction on Friday, May 29th. The stock was acquired at an average price of $11.85 per share, with a total value of $237,000.00. Following the acquisition, the director owned 108,043 shares in the company, valued at $1,280,309.55. The trade was a 22.72% increase in their position. The SEC filing for this purchase provides additional information. 45.44% of the stock is currently owned by corporate insiders.

DLocal Stock Down 2.5%

DLocal stock opened at $14.40 on Friday. DLocal Limited has a 52-week low of $10.52 and a 52-week high of $16.78. The firm has a market capitalization of $4.25 billion, a price-to-earnings ratio of 22.86 and a beta of 0.97. The company has a fifty day simple moving average of $13.67 and a 200-day simple moving average of $13.09.

DLocal (NASDAQ:DLO - Get Free Report) last issued its earnings results on Thursday, May 14th. The company reported $0.17 EPS for the quarter, beating analysts' consensus estimates of $0.16 by $0.01. The business had revenue of $335.86 million during the quarter, compared to analysts' expectations of $331.20 million. DLocal had a net margin of 15.85% and a return on equity of 41.22%. The company's quarterly revenue was up 54.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.15 earnings per share. On average, research analysts anticipate that DLocal Limited will post 0.82 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Weiss Ratings restated a "hold (c)" rating on shares of DLocal in a research report on Friday, July 17th. The Goldman Sachs Group lifted their price objective on DLocal from $17.00 to $19.00 and gave the stock a "buy" rating in a report on Friday, July 31st. Wall Street Zen lowered DLocal from a "buy" rating to a "hold" rating in a research note on Monday, May 18th. UBS Group upgraded DLocal from a "neutral" rating to a "buy" rating and boosted their price objective for the stock from $16.00 to $20.00 in a research note on Wednesday, July 1st. Finally, Truist Financial increased their target price on DLocal from $15.00 to $17.00 and gave the company a "buy" rating in a report on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat, DLocal presently has an average rating of "Buy" and an average price target of $17.75.

DLocal Company Profile

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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