Petrus Trust Company LTA Lowers Stake 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 lowered its stake in shares of VTEX (NYSE:VTEX - Free Report) by 61.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm 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 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. State of Wyoming purchased a new stake in VTEX during the fourth quarter worth $45,000. Occudo Quantitative Strategies LP purchased a new stake in VTEX during the fourth quarter worth $81,000. Graham Capital Management L.P. purchased a new stake in VTEX during the fourth quarter worth $101,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in VTEX by 15.8% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,712 shares of the company's stock worth $157,000 after buying an additional 3,644 shares during the period. Finally, HighTower Advisors LLC lifted its holdings in VTEX by 50.4% during the first quarter. HighTower Advisors LLC now owns 34,449 shares of the company's stock worth $175,000 after buying an additional 11,548 shares during the period. Hedge funds and other institutional investors own 63.69% of the company's stock.

VTEX Price Performance

NYSE VTEX opened at $4.06 on Tuesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.31 and a quick ratio of 3.31. The stock's fifty day moving average price is $5.30 and its 200 day moving average price is $5.48. VTEX has a 1 year low of $3.91 and a 1 year high of $7.58. The company has a market cap of $741.25 million, a price-to-earnings ratio of 50.69 and a beta of 1.32.

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

Analyst Ratings Changes

VTEX has been the subject of a number of analyst reports. Citigroup started coverage on VTEX in a report on Monday, June 23rd. They set a "buy" rating and a $10.00 target price for the company. Wall Street Zen raised VTEX from a "hold" rating to a "buy" rating in a research report on Saturday, August 16th. Jefferies Financial Group started coverage on VTEX in a research report on Thursday, May 22nd. They set a "hold" rating and a $7.30 price target on the stock. UBS Group reduced their price target on VTEX from $10.00 to $8.00 and set a "buy" rating on the stock in a research report on Friday, August 22nd. Finally, JPMorgan Chase & Co. reaffirmed a "neutral" rating and set a $6.00 price target (down from $7.50) on shares of VTEX in a research report on Friday, August 8th. Two 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 a consensus rating of "Moderate Buy" and a consensus price target of $7.83.

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.

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