Russell Investments Group Ltd. Boosts Position in VTEX $VTEX

Russell Investments Group Ltd. increased its stake in VTEX (NYSE:VTEX) by 14.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 406,678 shares of the company’s stock after buying an additional 50,018 shares during the period. Russell Investments Group Ltd. owned 0.22% of VTEX worth $2,064,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. State of Wyoming purchased a new position in VTEX in the 4th quarter worth about $45,000. Occudo Quantitative Strategies LP purchased a new position in VTEX in the 4th quarter worth about $81,000. Graham Capital Management L.P. purchased a new position in VTEX in the 4th quarter worth about $101,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in VTEX by 15.8% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,712 shares of the company’s stock worth $157,000 after buying an additional 3,644 shares during the period. Finally, Point72 Asset Management L.P. increased its stake in VTEX by 22.2% in the 4th quarter. Point72 Asset Management L.P. now owns 32,200 shares of the company’s stock worth $190,000 after buying an additional 5,845 shares during the period. Hedge funds and other institutional investors own 63.69% of the company’s stock.

VTEX Trading Down 2.5%

Shares of NYSE VTEX opened at $4.0850 on Tuesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.31 and a quick ratio of 3.31. The stock has a market capitalization of $746.74 million, a P/E ratio of 51.07 and a beta of 1.34. VTEX has a 1-year low of $3.93 and a 1-year high of $7.61. The business has a fifty day moving average price of $5.78 and a 200 day moving average price of $5.64.

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

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on VTEX shares. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $6.00 target price (down from $7.50) on shares of VTEX in a research report on Friday, August 8th. UBS Group decreased their target price on VTEX from $10.00 to $8.00 and set a “buy” rating for the company in a research report on Friday. Citigroup started coverage on VTEX in a research report on Monday, June 23rd. They set a “buy” rating and a $10.00 target price for the company. Wall Street Zen raised VTEX from a “hold” rating to a “buy” rating in a research report on Saturday, August 16th. Finally, Jefferies Financial Group started coverage on VTEX in a research report on Thursday, May 22nd. They set a “hold” rating and a $7.30 target price for the company. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $7.83.

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.