DLocal Target of Unusually Large Options Trading (NASDAQ:DLO)

Key Points

• DLocal Limited experienced a significant increase in call options trading, with 6,722 call options purchased on Thursday, representing a 198% rise compared to its average volume.
• Institutional investors hold 90.13% of DLocal's stock, with notable new positions bought by AXA S.A. and WINTON GROUP Ltd during Q2.
• The company's stock price increased by 20.9% on Thursday, reaching $14.13, following positive earnings that beat analyst expectations, with a reported revenue of $256.50 million.

DLocal Limited (NASDAQ:DLO - Get Free Report) was the target of some unusual options trading activity on Thursday. Investors acquired 6,722 call options on the stock. Thisrepresentsanincreaseof198% compared to the average daily volume of 2,257 call options.

Institutional Investors Weigh In On DLocal

Several large investors have recently added to or reduced their stakes in the stock. Lane Generational LLC boosted its holdings in shares of DLocal by 27.5% during the first quarter. Lane Generational LLC now owns 525,530 shares of the company's stock valued at $4,383,000 after acquiring an additional 113,297 shares during the period. J. Goldman & Co LP grew its holdings in DLocal by 175.5% in the 4th quarter. J. Goldman & Co LP now owns 1,351,181 shares of the company's stock worth $15,214,000 after buying an additional 860,681 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its position in DLocal by 603.6% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,053 shares of the company's stock valued at $34,000 after acquiring an additional 3,477 shares during the period. BNP Paribas Financial Markets acquired a new position in DLocal during the 4th quarter worth $5,720,000. Finally, Canada Pension Plan Investment Board bought a new position in shares of DLocal in the fourth quarter worth $25,099,000. 90.13% of the stock is owned by institutional investors and hedge funds.

DLocal Stock Performance

Shares of NASDAQ:DLO traded down $0.7110 on Tuesday, reaching $14.5390. 2,288,715 shares of the company's stock were exchanged, compared to its average volume of 1,356,208. The business's 50-day moving average is $11.08 and its two-hundred day moving average is $10.51. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.01. DLocal has a fifty-two week low of $7.61 and a fifty-two week high of $16.44. The firm has a market capitalization of $4.15 billion, a price-to-earnings ratio of 30.31 and a beta of 1.10.

DLocal (NASDAQ:DLO - Get Free Report) last announced its quarterly earnings data on Wednesday, August 13th. The company reported $0.14 earnings per share for the quarter, beating analysts' consensus estimates of $0.13 by $0.01. DLocal had a net margin of 16.90% and a return on equity of 36.85%. The business had revenue of $256.50 million during the quarter, compared to the consensus estimate of $226.71 million. During the same quarter in the prior year, the firm earned $0.15 EPS. The company's revenue for the quarter was up 49.7% compared to the same quarter last year. DLocal has set its FY 2025 guidance at EPS. As a group, equities research analysts forecast that DLocal will post 0.47 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have commented on DLO shares. Morgan Stanley set a $15.00 price objective on shares of DLocal in a report on Thursday. UBS Group reiterated a "neutral" rating and issued a $10.00 price target (up previously from $9.00) on shares of DLocal in a research note on Wednesday, July 30th. Citigroup initiated coverage on DLocal in a research note on Tuesday, May 27th. They set a "buy" rating and a $14.60 price objective for the company. HSBC raised DLocal from a "hold" rating to a "buy" rating and upped their target price for the company from $11.50 to $15.00 in a research report on Thursday, August 14th. Finally, Truist Financial started coverage on shares of DLocal in a research report on Monday, June 2nd. They set a "hold" rating and a $12.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $13.51.

DLocal Company Profile

DLocal Limited operates a payment processing platform worldwide. The company offers pay-in solution which the business and get paid for their products and services through various payment methods, including international and local cards, online bank transfers and direct debit, cash, and alternative payment methods.