VTEX $VTEX Holdings Boosted by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio raised its stake in VTEX (NYSE:VTEX) by 6.4% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 89,279 shares of the company’s stock after acquiring an additional 5,376 shares during the period. Public Employees Retirement System of Ohio’s holdings in VTEX were worth $589,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Diversified Trust Co acquired a new position in VTEX during the 2nd quarter valued at approximately $122,000. Goldman Sachs Group Inc. increased its position in VTEX by 61.6% in the first quarter. Goldman Sachs Group Inc. now owns 220,758 shares of the company’s stock worth $1,119,000 after buying an additional 84,189 shares during the period. Acadian Asset Management LLC lifted its stake in VTEX by 1.0% in the first quarter. Acadian Asset Management LLC now owns 3,005,818 shares of the company’s stock valued at $15,203,000 after buying an additional 29,804 shares during the last quarter. Jane Street Group LLC boosted its holdings in shares of VTEX by 1,570.1% during the first quarter. Jane Street Group LLC now owns 187,146 shares of the company’s stock valued at $949,000 after acquiring an additional 175,940 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of VTEX by 37.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 36,822 shares of the company’s stock valued at $187,000 after acquiring an additional 10,110 shares during the period. 63.69% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on VTEX shares. Wall Street Zen raised shares of VTEX from a “hold” rating to a “buy” rating in a report on Saturday, August 16th. Citigroup assumed coverage on shares of VTEX in a research report on Monday, June 23rd. They issued a “buy” rating and a $10.00 target price for the company. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $6.00 price target (down previously from $7.50) on shares of VTEX in a report on Friday, August 8th. UBS Group reduced their price objective on VTEX from $10.00 to $8.00 and set a “buy” rating for the company in a research report on Friday, August 22nd. Finally, Jefferies Financial Group raised VTEX from a “hold” rating to a “buy” rating and decreased their price objective for the stock from $7.30 to $6.50 in a report on Wednesday, September 17th. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $7.63.

VTEX Stock Up 0.1%

NYSE VTEX opened at $4.40 on Monday. VTEX has a 12 month low of $3.91 and a 12 month high of $7.56. The company has a market capitalization of $803.41 million, a P/E ratio of 54.94 and a beta of 1.33. The company’s 50 day simple moving average is $4.53 and its 200 day simple moving average is $5.41. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.31 and a quick ratio of 3.31.

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

About VTEX

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.