AMS Capital Ltda Reduces Stake in VTEX $VTEX

AMS Capital Ltda decreased its position in VTEX (NYSE:VTEX) by 16.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,420,929 shares of the company’s stock after selling 278,124 shares during the quarter. VTEX makes up approximately 3.5% of AMS Capital Ltda’s portfolio, making the stock its 10th largest position. AMS Capital Ltda owned about 0.78% of VTEX worth $9,378,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in VTEX. Ameritas Investment Partners Inc. purchased a new stake in shares of VTEX during the second quarter valued at approximately $39,000. Teacher Retirement System of Texas purchased a new position in shares of VTEX in the 2nd quarter worth about $69,000. Savant Capital LLC bought a new position in VTEX during the second quarter valued at about $70,000. Campbell & CO Investment Adviser LLC purchased a new stake in VTEX during the second quarter worth about $72,000. Finally, ProShare Advisors LLC bought a new stake in VTEX in the second quarter worth about $78,000. 63.69% of the stock is owned by institutional investors.

Analysts Set New Price Targets

VTEX has been the subject of several research analyst reports. UBS Group decreased their price target on shares of VTEX from $10.00 to $8.00 and set a “buy” rating for the company in a research note on Friday, August 22nd. Weiss Ratings restated a “hold (c-)” rating on shares of VTEX in a research note on Tuesday, October 14th. Jefferies Financial Group upgraded VTEX from a “hold” rating to a “buy” rating and cut their price target for the stock from $7.30 to $6.50 in a research note on Wednesday, September 17th. Wall Street Zen downgraded shares of VTEX from a “strong-buy” rating to a “buy” rating in a report on Sunday. Finally, The Goldman Sachs Group started coverage on shares of VTEX in a research report on Wednesday, October 15th. They set a “buy” rating and a $5.30 target price for the company. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $6.96.

VTEX Stock Down 1.3%

VTEX stock opened at $3.83 on Friday. The company’s 50 day moving average is $4.17 and its 200 day moving average is $4.98. The stock has a market cap of $700.12 million, a price-to-earnings ratio of 42.56 and a beta of 1.33. The company has a current ratio of 3.10, a quick ratio of 3.10 and a debt-to-equity ratio of 0.01. VTEX has a 1-year low of $3.65 and a 1-year high of $6.93.

VTEX (NYSE:VTEX) last issued its quarterly earnings results on Thursday, November 6th. The company reported $0.03 EPS for the quarter, hitting analysts’ consensus estimates of $0.03. VTEX had a net margin of 7.03% and a return on equity of 6.63%. The firm had revenue of $59.61 million for the quarter, compared to analyst estimates of $59.80 million. During the same quarter in the prior year, the firm earned $0.02 EPS. The business’s revenue for the quarter was up 6.5% compared to the same quarter last year. Sell-side analysts predict that VTEX will post 0.08 EPS for the current fiscal year.

VTEX Company 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.