Jane Street Group LLC Has $66,000 Stock Holdings in VTEX (NYSE:VTEX)

Jane Street Group LLC decreased its position in VTEX (NYSE:VTEX) by 60.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,206 shares of the company’s stock after selling 17,121 shares during the period. Jane Street Group LLC’s holdings in VTEX were worth $66,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VTEX. AMS Capital Ltda grew its holdings in VTEX by 54.4% during the 4th quarter. AMS Capital Ltda now owns 1,121,473 shares of the company’s stock worth $6,605,000 after acquiring an additional 395,030 shares during the period. Walleye Capital LLC acquired a new stake in shares of VTEX during the fourth quarter worth $1,165,000. Arrowstreet Capital Limited Partnership bought a new stake in VTEX in the fourth quarter valued at about $925,000. Trexquant Investment LP lifted its stake in VTEX by 38.3% in the fourth quarter. Trexquant Investment LP now owns 482,556 shares of the company’s stock valued at $2,842,000 after buying an additional 133,647 shares during the period. Finally, Artisan Partners Limited Partnership boosted its holdings in VTEX by 7.9% during the fourth quarter. Artisan Partners Limited Partnership now owns 1,463,925 shares of the company’s stock worth $8,623,000 after buying an additional 106,920 shares during the last quarter. 63.69% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

VTEX has been the subject of a number of recent analyst reports. Wall Street Zen raised VTEX from a “hold” rating to a “buy” rating in a research note on Friday. JPMorgan Chase & Co. upped their target price on shares of VTEX from $6.50 to $7.50 and gave the company an “overweight” rating in a research note on Tuesday, May 27th. Finally, Jefferies Financial Group assumed coverage on shares of VTEX in a research report on Thursday, May 22nd. They set a “hold” rating and a $7.30 price target on the stock. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $8.13.

VTEX Stock Performance

Shares of VTEX opened at $6.68 on Monday. The stock has a 50 day simple moving average of $5.64 and a 200 day simple moving average of $5.76. VTEX has a 52-week low of $4.20 and a 52-week high of $8.03. The firm has a market capitalization of $1.22 billion, a PE ratio of 111.27 and a beta of 1.36.

VTEX (NYSE:VTEX) last released its quarterly earnings results on Tuesday, May 6th. The company reported $0.01 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $0.02. VTEX had a net margin of 3.97% and a return on equity of 3.60%. The company had revenue of $54.20 million during the quarter, compared to analysts’ expectations of $52.81 million. Equities research analysts predict that VTEX will post 0.08 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.