Raymond James Financial Inc. bought a new position in VTEX (NYSE:VTEX - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 67,798 shares of the company's stock, valued at approximately $399,000.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Barclays PLC bought a new position in shares of VTEX in the third quarter worth about $35,000. JPMorgan Chase & Co. increased its holdings in VTEX by 31.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 490,234 shares of the company's stock worth $3,647,000 after acquiring an additional 116,895 shares in the last quarter. FNY Investment Advisers LLC bought a new stake in VTEX during the 4th quarter worth approximately $408,000. Verde Servicos Internacionais S.A. purchased a new position in VTEX during the fourth quarter valued at approximately $412,000. Finally, AMS Capital Ltda lifted its holdings in VTEX by 54.4% during the fourth quarter. AMS Capital Ltda now owns 1,121,473 shares of the company's stock valued at $6,605,000 after purchasing an additional 395,030 shares in the last quarter. 63.69% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Separately, JPMorgan Chase & Co. decreased their price objective on shares of VTEX from $9.00 to $6.50 and set an "overweight" rating on the stock in a research report on Tuesday, April 15th.
Read Our Latest Stock Report on VTEX
VTEX Trading Down 2.0 %
NYSE:VTEX opened at $5.95 on Friday. The stock has a 50-day moving average price of $5.01 and a 200 day moving average price of $5.81. The stock has a market capitalization of $1.09 billion, a P/E ratio of 99.18 and a beta of 1.29. VTEX has a 12-month low of $4.20 and a 12-month high of $8.03.
VTEX (NYSE:VTEX - Get Free Report) last released its earnings results on Tuesday, May 6th. The company reported $0.01 EPS for the quarter, topping the consensus estimate of ($0.01) by $0.02. The firm 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%. On average, research analysts predict that VTEX will post 0.08 earnings per share for the current fiscal year.
VTEX Profile
(
Free Report)
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.
Further Reading
Want to see what other hedge funds are holding VTEX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VTEX (NYSE:VTEX - Free Report).
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