FNY Investment Advisers LLC Sells 370,580 Shares of VTEX $VTEX

FNY Investment Advisers LLC decreased its holdings in VTEX (NYSE:VTEX) by 90.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 39,649 shares of the company’s stock after selling 370,580 shares during the quarter. FNY Investment Advisers LLC’s holdings in VTEX were worth $261,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Aberdeen Group plc grew its stake in shares of VTEX by 39.0% in the second quarter. Aberdeen Group plc now owns 368,962 shares of the company’s stock worth $2,474,000 after purchasing an additional 103,449 shares during the last quarter. Ashoka WhiteOak Capital Pte Ltd grew its stake in shares of VTEX by 130.8% in the second quarter. Ashoka WhiteOak Capital Pte Ltd now owns 86,100 shares of the company’s stock worth $564,000 after purchasing an additional 48,800 shares during the last quarter. Public Employees Retirement System of Ohio grew its stake in shares of VTEX by 6.4% in the second quarter. Public Employees Retirement System of Ohio now owns 89,279 shares of the company’s stock worth $589,000 after purchasing an additional 5,376 shares during the last quarter. Diversified Trust Co acquired a new position in VTEX in the second quarter valued at $122,000. Finally, Goldman Sachs Group Inc. lifted its holdings in VTEX by 61.6% in the first quarter. Goldman Sachs Group Inc. now owns 220,758 shares of the company’s stock valued at $1,119,000 after buying an additional 84,189 shares during the period. Institutional investors own 63.69% of the company’s stock.

Analyst Ratings Changes

VTEX has been the topic of several recent analyst reports. UBS Group dropped their target price on shares of VTEX from $10.00 to $8.00 and set a “buy” rating on the stock in a report on Friday, August 22nd. Jefferies Financial Group upgraded shares of VTEX from a “hold” rating to a “buy” rating and dropped their target price for the company from $7.30 to $6.50 in a report on Wednesday, September 17th. Wall Street Zen upgraded shares of VTEX from a “hold” rating to a “buy” rating in a report on Saturday, August 16th. Weiss Ratings restated a “hold (c-)” rating on shares of VTEX in a report on Tuesday, October 14th. Finally, JPMorgan Chase & Co. restated a “neutral” rating and issued a $6.00 target price (down previously from $7.50) on shares of VTEX in a report on Friday, August 8th. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, VTEX has an average rating of “Moderate Buy” and an average target price of $7.16.

VTEX Price Performance

Shares of NYSE VTEX opened at $4.52 on Thursday. The firm’s 50-day moving average price is $4.25 and its 200-day moving average price is $5.35. VTEX has a 1-year low of $3.91 and a 1-year high of $7.07. The firm has a market capitalization of $825.34 million, a P/E ratio of 56.44 and a beta of 1.33. The company has a current ratio of 3.31, a quick ratio of 3.31 and a debt-to-equity ratio of 0.01.

VTEX (NYSE:VTEX) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.02 earnings per share for the quarter, meeting the consensus estimate of $0.02. VTEX had a net margin of 5.80% and a return on equity of 5.27%. The firm had revenue of $58.80 million for the quarter, compared to analyst estimates of $60.35 million. VTEX has set its FY 2025 guidance at EPS. Equities research analysts anticipate that VTEX will post 0.08 earnings per share 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.