Two Sigma Advisers LP Has $549,000 Stake in VTEX (NYSE:VTEX)

Two Sigma Advisers LP lessened its stake in VTEX (NYSE:VTEX - Free Report) by 43.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 93,200 shares of the company's stock after selling 72,200 shares during the quarter. Two Sigma Advisers LP owned about 0.05% of VTEX worth $549,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. State of Wyoming bought a new stake in VTEX in the fourth quarter valued at about $45,000. Softbank Group CORP. increased its holdings in shares of VTEX by 93.4% in the fourth quarter. Softbank Group CORP. now owns 38,434,587 shares of the company's stock worth $226,380,000 after acquiring an additional 18,559,399 shares in the last quarter. Point72 Asset Management L.P. increased its holdings in shares of VTEX by 22.2% in the fourth quarter. Point72 Asset Management L.P. now owns 32,200 shares of the company's stock worth $190,000 after acquiring an additional 5,845 shares in the last quarter. Polar Capital Holdings Plc increased its holdings in shares of VTEX by 21.8% in the fourth quarter. Polar Capital Holdings Plc now owns 5,229,168 shares of the company's stock worth $30,800,000 after acquiring an additional 936,551 shares in the last quarter. Finally, Nuveen Asset Management LLC increased its holdings in shares of VTEX by 1,082.4% in the fourth quarter. Nuveen Asset Management LLC now owns 876,508 shares of the company's stock worth $5,163,000 after acquiring an additional 802,381 shares in the last quarter. Institutional investors own 63.69% of the company's stock.

VTEX Trading Up 1.1%

Shares of VTEX stock traded up $0.08 on Friday, hitting $6.68. 427,277 shares of the stock were exchanged, compared to its average volume of 644,020. The firm has a market capitalization of $1.22 billion, a P/E ratio of 111.27 and a beta of 1.36. The business has a 50-day moving average of $5.64 and a 200 day moving average of $5.77. VTEX has a fifty-two week low of $4.20 and a fifty-two week 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 EPS for the quarter, beating the consensus estimate of ($0.01) by $0.02. VTEX had a return on equity of 3.60% and a net margin of 3.97%. The firm had revenue of $54.20 million during the quarter, compared to analysts' expectations of $52.81 million. As a group, research analysts forecast that VTEX will post 0.08 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on VTEX shares. Wall Street Zen upgraded VTEX from a "hold" rating to a "buy" rating in a report on Friday. Jefferies Financial Group started coverage on VTEX in a report on Thursday, May 22nd. They issued a "hold" rating and a $7.30 price target for the company. Finally, JPMorgan Chase & Co. upped their price objective on VTEX from $6.50 to $7.50 and gave the stock an "overweight" rating in a research report on Tuesday, May 27th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $8.13.

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.