AMS Capital Ltda Grows Position in VTEX (NYSE:VTEX)

AMS Capital Ltda lifted its holdings in shares of VTEX (NYSE:VTEX - Free Report) by 51.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,699,053 shares of the company's stock after buying an additional 577,580 shares during the quarter. VTEX comprises approximately 3.5% of AMS Capital Ltda's investment portfolio, making the stock its 11th biggest holding. AMS Capital Ltda owned about 0.93% of VTEX worth $8,614,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in VTEX. Softbank Group CORP. grew its stake in VTEX by 93.4% during the fourth quarter. Softbank Group CORP. now owns 38,434,587 shares of the company's stock worth $226,380,000 after buying an additional 18,559,399 shares in the last quarter. Millennium Management LLC boosted its position in VTEX by 371.2% during the 4th quarter. Millennium Management LLC now owns 2,599,366 shares of the company's stock worth $15,310,000 after buying an additional 2,047,671 shares during the period. Polar Capital Holdings Plc boosted its position in VTEX by 21.8% during the 4th quarter. Polar Capital Holdings Plc now owns 5,229,168 shares of the company's stock worth $30,800,000 after buying an additional 936,551 shares during the period. Nuveen Asset Management LLC boosted its position in VTEX by 1,082.4% during the 4th quarter. Nuveen Asset Management LLC now owns 876,508 shares of the company's stock worth $5,163,000 after buying an additional 802,381 shares during the period. Finally, Walleye Capital LLC acquired a new stake in VTEX during the 4th quarter worth approximately $1,165,000. Institutional investors and hedge funds own 63.69% of the company's stock.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. 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. Jefferies Financial Group started coverage on shares of VTEX in a report on Thursday, May 22nd. They set a "hold" rating and a $7.30 price target for the company. Finally, Wall Street Zen lowered shares of VTEX from a "buy" rating to a "hold" rating in a report on Saturday, May 24th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $8.13.

VTEX Stock Performance

VTEX traded up $0.01 during mid-day trading on Thursday, reaching $6.61. 760,323 shares of the stock were exchanged, compared to its average volume of 642,844. The stock has a market capitalization of $1.21 billion, a PE ratio of 110.25 and a beta of 1.36. The company has a 50 day moving average price of $5.58 and a two-hundred day moving average price of $5.77. VTEX has a 1 year low of $4.20 and a 1 year high of $8.03.

VTEX (NYSE:VTEX - Get Free Report) last issued its quarterly earnings results on Tuesday, May 6th. The company reported $0.01 earnings per share for the quarter, topping analysts' consensus estimates of ($0.01) by $0.02. The company had revenue of $54.20 million for the quarter, compared to the consensus estimate of $52.81 million. VTEX had a net margin of 3.97% and a return on equity of 3.60%. Sell-side analysts expect that VTEX will post 0.08 EPS for the current fiscal year.

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.