AMS Capital Ltda Buys 577,580 Shares of VTEX (NYSE:VTEX)

AMS Capital Ltda raised its stake in VTEX (NYSE:VTEX - Free Report) by 51.5% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 1,699,053 shares of the company's stock after purchasing an additional 577,580 shares during the quarter. VTEX accounts for 3.5% of AMS Capital Ltda's portfolio, making the stock its 11th biggest position. AMS Capital Ltda owned 0.93% of VTEX worth $8,614,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of VTEX by 15.8% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,712 shares of the company's stock valued at $157,000 after acquiring an additional 3,644 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich bought a new position in shares of VTEX during the fourth quarter valued at approximately $33,000. Point72 Asset Management L.P. raised its holdings in shares of VTEX by 22.2% during the fourth quarter. Point72 Asset Management L.P. now owns 32,200 shares of the company's stock valued at $190,000 after acquiring an additional 5,845 shares in the last quarter. Employees Retirement System of Texas raised its holdings in shares of VTEX by 15.1% during the fourth quarter. Employees Retirement System of Texas now owns 52,238 shares of the company's stock valued at $308,000 after acquiring an additional 6,836 shares in the last quarter. Finally, Neuberger Berman Group LLC raised its holdings in shares of VTEX by 47.7% during the fourth quarter. Neuberger Berman Group LLC now owns 22,131 shares of the company's stock valued at $130,000 after acquiring an additional 7,145 shares in the last quarter. Institutional investors own 63.69% of the company's stock.

VTEX Trading Up 1.1%

VTEX traded up $0.08 during trading on Friday, reaching $6.68. The stock had a trading volume of 427,277 shares, compared to its average volume of 645,672. The stock's 50 day moving average is $5.64 and its two-hundred day moving average is $5.76. The company has a market capitalization of $1.22 billion, a price-to-earnings ratio of 111.27 and a beta of 1.36. VTEX has a one year low of $4.20 and a one year 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 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.01) by $0.02. The business had revenue of $54.20 million during the quarter, compared to the consensus estimate of $52.81 million. VTEX had a return on equity of 3.60% and a net margin of 3.97%. On average, equities research analysts predict that VTEX will post 0.08 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on VTEX shares. Jefferies Financial Group started coverage on VTEX in a 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 report on Tuesday, May 27th. Finally, Wall Street Zen upgraded VTEX from a "hold" rating to a "buy" rating in a report on Friday. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $8.13.

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.