Fourth Sail Capital LP Purchases New Holdings in VTEX (NYSE:VTEX)

Fourth Sail Capital LP purchased a new stake in shares of VTEX (NYSE:VTEX - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,215,475 shares of the company's stock, valued at approximately $22,122,000. VTEX comprises about 6.9% of Fourth Sail Capital LP's investment portfolio, making the stock its 4th largest holding. Fourth Sail Capital LP owned 1.70% of VTEX as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of VTEX. Quadrature Capital Ltd raised its stake in VTEX by 143.9% in the third quarter. Quadrature Capital Ltd now owns 149,050 shares of the company's stock valued at $746,000 after buying an additional 87,947 shares during the period. Acadian Asset Management LLC bought a new stake in VTEX in the third quarter valued at approximately $379,000. Jump Financial LLC raised its stake in VTEX by 59.2% in the third quarter. Jump Financial LLC now owns 66,400 shares of the company's stock valued at $333,000 after buying an additional 24,700 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its stake in VTEX by 57.1% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 57,187 shares of the company's stock valued at $287,000 after buying an additional 20,780 shares during the period. Finally, New York State Common Retirement Fund bought a new stake in VTEX in the fourth quarter valued at approximately $99,000. 63.69% of the stock is owned by institutional investors and hedge funds.

VTEX Price Performance

Shares of VTEX stock traded down $0.01 during trading hours on Wednesday, reaching $7.41. The company's stock had a trading volume of 181,899 shares, compared to its average volume of 462,265. The firm's 50 day simple moving average is $8.14 and its 200-day simple moving average is $7.31. The company has a market capitalization of $1.36 billion, a price-to-earnings ratio of -105.86 and a beta of 1.41. VTEX has a fifty-two week low of $3.43 and a fifty-two week high of $9.59. The company has a quick ratio of 3.45, a current ratio of 3.45 and a debt-to-equity ratio of 0.01.

VTEX (NYSE:VTEX - Get Free Report) last issued its earnings results on Tuesday, February 27th. The company reported $0.02 earnings per share for the quarter. VTEX had a negative return on equity of 5.16% and a negative net margin of 6.48%. The firm had revenue of $60.70 million for the quarter, compared to the consensus estimate of $57.07 million. The company's quarterly revenue was up 33.4% on a year-over-year basis. Sell-side analysts forecast that VTEX will post -0.03 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on VTEX shares. Piper Sandler increased their target price on VTEX from $9.00 to $10.00 and gave the stock an "overweight" rating in a research note on Wednesday, February 28th. JPMorgan Chase & Co. increased their target price on VTEX from $6.50 to $9.00 and gave the stock a "neutral" rating in a research note on Friday, March 1st. UBS Group increased their target price on VTEX from $8.50 to $12.00 and gave the stock a "buy" rating in a research note on Monday, March 25th. Morgan Stanley raised VTEX from an "equal weight" rating to an "overweight" rating and increased their price target for the stock from $5.50 to $8.00 in a research report on Friday, January 5th. Finally, Bank of America increased their price target on VTEX from $8.50 to $12.00 and gave the stock a "buy" rating in a research report on Monday, January 22nd. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, VTEX has an average rating of "Moderate Buy" and an average price target of $8.44.

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.

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