Verde Servicos Internacionais S.A. Has $946,000 Position in VTEX (NYSE:VTEX)

Verde Servicos Internacionais S.A. boosted its position in VTEX (NYSE:VTEX - Free Report) by 166.7% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 186,670 shares of the company's stock after purchasing an additional 116,670 shares during the quarter. VTEX comprises about 0.5% of Verde Servicos Internacionais S.A.'s portfolio, making the stock its 22nd biggest holding. Verde Servicos Internacionais S.A. owned approximately 0.10% of VTEX worth $946,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. BNP Paribas Financial Markets bought a new stake in VTEX in the 4th quarter valued at $248,000. EntryPoint Capital LLC bought a new stake in shares of VTEX during the 4th quarter valued at $446,000. Sei Investments Co. lifted its position in shares of VTEX by 50.4% during the 4th quarter. Sei Investments Co. now owns 280,193 shares of the company's stock valued at $1,650,000 after acquiring an additional 93,873 shares during the period. Softbank Group CORP. lifted its position in shares of VTEX by 93.4% during the 4th quarter. Softbank Group CORP. now owns 38,434,587 shares of the company's stock valued at $226,380,000 after acquiring an additional 18,559,399 shares during the period. Finally, AMS Capital Ltda lifted its position in shares of VTEX by 51.5% during the 1st quarter. AMS Capital Ltda now owns 1,699,053 shares of the company's stock valued at $8,614,000 after acquiring an additional 577,580 shares during the period. 63.69% of the stock is currently owned by institutional investors.

VTEX Price Performance

Shares of VTEX stock traded up $0.08 on Thursday, hitting $6.55. 798,100 shares of the company's stock were exchanged, compared to its average volume of 663,785. 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 has a 12 month low of $4.20 and a 12 month high of $8.03. The stock has a market cap of $1.20 billion, a P/E ratio of 72.76 and a beta of 1.36. The company has a 50 day moving average of $6.11 and a 200 day moving average of $5.79.

VTEX (NYSE:VTEX - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The company reported $0.01 earnings per share for the quarter, topping 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 business had revenue of $54.20 million during the quarter, compared to the consensus estimate of $52.81 million. On average, equities research analysts predict that VTEX will post 0.08 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on VTEX shares. Jefferies Financial Group started coverage on VTEX in a research report on Thursday, May 22nd. They set a "hold" rating and a $7.30 target price for the company. JPMorgan Chase & Co. upped their target price on VTEX from $6.50 to $7.50 and gave the company an "overweight" rating in a research report on Tuesday, May 27th. Citigroup started coverage on VTEX in a research report on Monday. They set a "buy" rating and a $10.00 target price for the company. UBS Group cut their target price on VTEX from $11.00 to $10.00 and set a "buy" rating for the company in a research report on Friday, June 13th. Finally, Wall Street Zen upgraded VTEX from a "hold" rating to a "buy" rating in a research report on Sunday. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $8.70.

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.