Petrus Trust Company LTA Cuts Holdings in VTEX $VTEX

Key Points

• Petrus Trust Company LTA reduced its stake in VTEX by 61.3%, selling 82,860 shares and leaving them with 52,296 shares valued at $265,000.
• VTEX reported $0.02 earnings per share (EPS) for the latest quarter, meeting expectations, with revenue of $58.80 million, slightly below the consensus estimate of $60.35 million.
• Analyst ratings for VTEX vary, with Citigroup giving a "buy" rating and a price target of $10.00, while UBS Group recently lowered its target from $10.00 to $8.00.

Petrus Trust Company LTA decreased its holdings in shares of VTEX (NYSE:VTEX - Free Report) by 61.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 52,296 shares of the company's stock after selling 82,860 shares during the period. Petrus Trust Company LTA's holdings in VTEX were worth $265,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of VTEX. Northern Trust Corp raised its position in VTEX by 245.2% during the 4th quarter. Northern Trust Corp now owns 136,898 shares of the company's stock valued at $806,000 after purchasing an additional 97,239 shares during the last quarter. BNP Paribas Financial Markets bought a new position in VTEX during the 4th quarter valued at approximately $248,000. Bank of America Corp DE raised its position in VTEX by 279.3% during the 4th quarter. Bank of America Corp DE now owns 80,068 shares of the company's stock valued at $472,000 after purchasing an additional 58,958 shares during the last quarter. Cubist Systematic Strategies LLC raised its position in VTEX by 18.8% during the 4th quarter. Cubist Systematic Strategies LLC now owns 165,381 shares of the company's stock valued at $974,000 after purchasing an additional 26,174 shares during the last quarter. Finally, Graham Capital Management L.P. bought a new position in VTEX during the 4th quarter valued at approximately $101,000. Institutional investors own 63.69% of the company's stock.

VTEX Stock Down 1.3%

Shares of VTEX stock traded down $0.06 during midday trading on Friday, hitting $4.07. The company had a trading volume of 685,037 shares, compared to its average volume of 1,222,573. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.31 and a current ratio of 3.31. The stock has a market capitalization of $743.08 million, a P/E ratio of 50.82 and a beta of 1.32. The company has a 50 day moving average of $5.11 and a 200 day moving average of $5.44. VTEX has a 52-week low of $3.91 and a 52-week high of $7.58.

VTEX (NYSE:VTEX - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.02 earnings per share for the quarter, hitting the consensus estimate of $0.02. The company had revenue of $58.80 million for the quarter, compared to the consensus estimate of $60.35 million. VTEX had a return on equity of 5.27% and a net margin of 5.80%. VTEX has set its FY 2025 guidance at EPS. On average, equities analysts predict that VTEX will post 0.08 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

VTEX has been the topic of a number of research analyst reports. Wall Street Zen upgraded VTEX from a "hold" rating to a "buy" rating in a report on Saturday, August 16th. Citigroup initiated coverage on VTEX in a report on Monday, June 23rd. They set a "buy" rating and a $10.00 target price on the stock. JPMorgan Chase & Co. reiterated a "neutral" rating and set a $6.00 target price (down previously from $7.50) on shares of VTEX in a report on Friday, August 8th. UBS Group reduced their target price on VTEX from $10.00 to $8.00 and set a "buy" rating on the stock in a report on Friday, August 22nd. Finally, Jefferies Financial Group initiated coverage on VTEX in a report on Thursday, May 22nd. They set a "hold" rating and a $7.30 target price on the stock. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $7.83.

VTEX 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.