Tikvah Management LLC Has $18.46 Million Stock Holdings in DLocal Limited $DLO

Tikvah Management LLC grew its holdings in shares of DLocal Limited (NASDAQ:DLO) by 13.8% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,420,822 shares of the company’s stock after buying an additional 172,500 shares during the period. DLocal makes up 5.6% of Tikvah Management LLC’s investment portfolio, making the stock its 8th largest holding. Tikvah Management LLC owned about 0.48% of DLocal worth $18,464,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Bank of America Corp DE increased its stake in shares of DLocal by 0.3% in the 1st quarter. Bank of America Corp DE now owns 4,073,358 shares of the company’s stock valued at $52,831,000 after acquiring an additional 13,536 shares in the last quarter. Cria Inc. bought a new position in DLocal during the fourth quarter worth $56,560,000. Atmos Capital Gestao DE Recursos LTDA. acquired a new stake in DLocal in the fourth quarter worth $54,128,000. Marshall Wace LLP increased its stake in DLocal by 18.9% in the fourth quarter. Marshall Wace LLP now owns 3,662,772 shares of the company’s stock valued at $51,792,000 after purchasing an additional 582,718 shares in the last quarter. Finally, Fourth Sail Capital LP increased its stake in DLocal by 54.8% in the fourth quarter. Fourth Sail Capital LP now owns 1,823,873 shares of the company’s stock valued at $25,790,000 after purchasing an additional 645,873 shares in the last quarter. Institutional investors and hedge funds own 90.13% of the company’s stock.

Insider Transactions at DLocal

In other DLocal news, Director Sebastian Kanovich sold 1,000,000 shares of the business’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $14.63, for a total transaction of $14,630,000.00. Following the completion of the sale, the director directly owned 1,000,000 shares of the company’s stock, valued at approximately $14,630,000. The trade was a 50.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 1,103,153 shares of company stock worth $16,231,782. 45.44% of the stock is currently owned by insiders.

DLocal Trading Down 1.9%

DLocal stock opened at $14.66 on Thursday. DLocal Limited has a 1-year low of $10.64 and a 1-year high of $16.78. The firm has a market capitalization of $4.32 billion, a price-to-earnings ratio of 21.88 and a beta of 0.90. The firm’s fifty day moving average price is $14.81 and its two-hundred day moving average price is $13.34.

DLocal (NASDAQ:DLO) last posted its earnings results on Friday, August 14th. The company reported $0.18 EPS for the quarter, hitting the consensus estimate of $0.18. DLocal had a net margin of 15.04% and a return on equity of 41.64%. The company had revenue of $399.66 million during the quarter, compared to the consensus estimate of $366.77 million. During the same period in the previous year, the firm posted $0.14 earnings per share. The firm’s revenue for the quarter was up 55.9% on a year-over-year basis. On average, research analysts forecast that DLocal Limited will post 0.82 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on DLO. Truist Financial increased their price objective on shares of DLocal from $17.00 to $18.00 and gave the stock a “buy” rating in a research report on Thursday, August 27th. The Goldman Sachs Group upped their price target on DLocal from $17.00 to $19.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Weiss Ratings upgraded DLocal from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, August 17th. UBS Group upgraded DLocal from a “neutral” rating to a “buy” rating and increased their price target for the stock from $16.00 to $20.00 in a report on Wednesday, July 1st. Finally, Wall Street Zen downgraded DLocal from a “buy” rating to a “hold” rating in a report on Monday, May 18th. Six investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $18.83.

DLocal Profile

dLocal is a fintech company specializing in cross-border payments and payouts for global merchants operating in emerging markets. Headquartered in Montevideo, Uruguay, the company offers a technology platform that simplifies complex payment flows, enabling businesses to connect with local payment methods through a single integration.

The dLocal platform supports a wide range of local payment options, including credit and debit cards, bank transfers, e-wallets and cash-based methods. It incorporates risk-management tools, compliance services and anti-fraud solutions to help clients navigate regulatory requirements and minimize payment failures across diverse jurisdictions.

dLocal serves merchants in sectors such as e-commerce, online marketplaces, digital content and gig economy platforms.