VTEX (NYSE:VTEX) Stock Holdings Lifted by Northern Trust Corp

Northern Trust Corp boosted its holdings in shares of VTEX (NYSE:VTEX - Free Report) by 245.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 136,898 shares of the company's stock after purchasing an additional 97,239 shares during the period. Northern Trust Corp owned approximately 0.07% of VTEX worth $806,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Bank Julius Baer & Co. Ltd Zurich acquired a new stake in shares of VTEX in the fourth quarter valued at about $33,000. Employees Retirement System of Texas lifted its stake in shares of 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 purchasing an additional 6,836 shares during the period. Neuberger Berman Group LLC lifted its stake in shares of VTEX by 47.7% in the fourth quarter. Neuberger Berman Group LLC now owns 22,131 shares of the company's stock valued at $130,000 after purchasing an additional 7,145 shares during the period. SBI Securities Co. Ltd. acquired a new stake in shares of VTEX in the fourth quarter valued at about $59,000. Finally, Marshall Wace LLP lifted its stake in shares of VTEX by 2.2% in the fourth quarter. Marshall Wace LLP now owns 511,985 shares of the company's stock valued at $3,016,000 after purchasing an additional 11,042 shares during the period. 63.69% of the stock is owned by hedge funds and other institutional investors.

VTEX Stock Performance

Shares of VTEX stock traded down $0.10 on Monday, hitting $6.32. The stock had a trading volume of 379,197 shares, compared to its average volume of 636,767. The firm has a market capitalization of $1.15 billion, a price-to-earnings ratio of 105.27 and a beta of 1.29. The stock's 50 day moving average is $5.49 and its 200-day moving average is $5.75. VTEX has a 52-week low of $4.20 and a 52-week high of $8.03.

VTEX (NYSE:VTEX - Get Free Report) last posted its quarterly earnings data on Tuesday, May 6th. The company reported $0.01 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 firm had revenue of $54.20 million for the quarter, compared to the consensus estimate of $52.81 million. Equities analysts expect that VTEX will post 0.08 earnings per share for the current year.

Wall Street Analysts Forecast Growth

VTEX has been the subject of several recent analyst reports. Jefferies Financial Group began coverage on shares of VTEX in a research note on Thursday, May 22nd. They issued a "hold" rating and a $7.30 price objective for the company. Wall Street Zen cut shares of VTEX from a "buy" rating to a "hold" rating in a research report on Saturday, May 24th. Finally, JPMorgan Chase & Co. lifted their target price 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. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Hold" and an average target price of $8.13.

VTEX Company Profile

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.