GSA Capital Partners LLP lifted its stake in shares of VTEX (NYSE:VTEX – Free Report) by 273.9% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 87,967 shares of the company’s stock after buying an additional 64,438 shares during the period. GSA Capital Partners LLP’s holdings in VTEX were worth $654,000 at the end of the most recent quarter.
Other large investors also recently modified their holdings of the company. Sei Investments Co. lifted its holdings in shares of VTEX by 1,856.3% in the 1st quarter. Sei Investments Co. now owns 247,869 shares of the company’s stock worth $2,025,000 after purchasing an additional 235,199 shares in the last quarter. Renaissance Technologies LLC lifted its stake in VTEX by 15.9% during the 2nd quarter. Renaissance Technologies LLC now owns 938,800 shares of the company’s stock valued at $6,816,000 after acquiring an additional 129,100 shares in the last quarter. Fourth Sail Capital LP lifted its stake in VTEX by 125.0% during the 2nd quarter. Fourth Sail Capital LP now owns 3,098,762 shares of the company’s stock valued at $22,497,000 after acquiring an additional 1,721,568 shares in the last quarter. Acadian Asset Management LLC lifted its stake in VTEX by 23.0% during the 2nd quarter. Acadian Asset Management LLC now owns 1,689,205 shares of the company’s stock valued at $12,233,000 after acquiring an additional 315,507 shares in the last quarter. Finally, AMS Capital Ltda lifted its stake in VTEX by 12.9% during the 3rd quarter. AMS Capital Ltda now owns 726,443 shares of the company’s stock valued at $5,405,000 after acquiring an additional 83,096 shares in the last quarter. Institutional investors and hedge funds own 63.69% of the company’s stock.
Wall Street Analyst Weigh In
Separately, JPMorgan Chase & Co. lifted their target price on VTEX from $9.00 to $10.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 7th. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $10.40.
VTEX Price Performance
NYSE VTEX opened at $6.22 on Tuesday. The business’s fifty day moving average is $6.91 and its 200-day moving average is $6.93. VTEX has a one year low of $5.72 and a one year high of $9.59. The stock has a market capitalization of $1.14 billion, a price-to-earnings ratio of 103.68 and a beta of 1.40.
VTEX (NYSE:VTEX – Get Free Report) last announced its quarterly earnings data on Tuesday, November 5th. The company reported $0.02 earnings per share for the quarter, hitting the consensus estimate of $0.02. VTEX had a return on equity of 3.60% and a net margin of 3.97%. The company had revenue of $56.00 million during the quarter, compared to analyst estimates of $57.20 million. During the same quarter last year, the firm posted ($0.01) EPS. The firm’s revenue for the quarter was up 10.6% on a year-over-year basis. Research analysts expect that VTEX will post 0.07 EPS for the current fiscal year.
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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