FNY Investment Advisers LLC Has $2.08 Million Stock Position in VTEX (NYSE:VTEX)

FNY Investment Advisers LLC grew its stake in VTEX (NYSE:VTEX - Free Report) by 490.8% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 410,229 shares of the company's stock after purchasing an additional 340,797 shares during the quarter. VTEX comprises approximately 1.3% of FNY Investment Advisers LLC's holdings, making the stock its 15th largest holding. FNY Investment Advisers LLC owned 0.22% of VTEX worth $2,079,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in VTEX. Bank Julius Baer & Co. Ltd Zurich acquired a new position in shares of VTEX in the 4th quarter valued at $33,000. State of Wyoming acquired a new stake in VTEX during the 4th quarter worth $45,000. SBI Securities Co. Ltd. acquired a new stake in VTEX during the 4th quarter worth $59,000. Occudo Quantitative Strategies LP acquired a new stake in VTEX during the 4th quarter worth $81,000. Finally, Graham Capital Management L.P. acquired a new stake in VTEX during the 4th quarter worth $101,000. Institutional investors and hedge funds own 63.69% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on VTEX. Jefferies Financial Group began coverage on VTEX in a research note on Thursday, May 22nd. They set a "hold" rating and a $7.30 price objective on the stock. UBS Group dropped their price objective on VTEX from $11.00 to $10.00 and set a "buy" rating on the stock in a research note on Friday, June 13th. JPMorgan Chase & Co. raised their price objective on VTEX from $6.50 to $7.50 and gave the stock an "overweight" rating in a research note on Tuesday, May 27th. Finally, Wall Street Zen downgraded VTEX from a "buy" rating to a "hold" rating in a research note on Saturday, June 14th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $7.88.

VTEX Stock Down 0.9%

Shares of VTEX traded down $0.06 during midday trading on Thursday, hitting $6.36. The stock had a trading volume of 809,129 shares, compared to its average volume of 656,460. The company has a 50 day simple moving average of $5.92 and a two-hundred day simple moving average of $5.78. VTEX has a twelve month low of $4.20 and a twelve month high of $8.03. The firm has a market cap of $1.16 billion, a price-to-earnings ratio of 70.62 and a beta of 1.36. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.39 and a quick ratio of 3.39.

VTEX (NYSE:VTEX - Get Free Report) last released its quarterly earnings results on Tuesday, May 6th. The company reported $0.01 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.01) by $0.02. VTEX had a return on equity of 6.03% and a net margin of 6.70%. The firm had revenue of $54.20 million for the quarter, compared to the consensus estimate of $52.81 million. On average, 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.