VTEX $VTEX Shares Sold by AMS Capital Ltda

AMS Capital Ltda reduced its stake in VTEX (NYSE:VTEX) by 70.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 414,500 shares of the company’s stock after selling 1,006,429 shares during the quarter. VTEX accounts for 0.7% of AMS Capital Ltda’s investment portfolio, making the stock its 13th largest position. AMS Capital Ltda owned 0.23% of VTEX worth $1,816,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently made changes to their positions in the stock. Millennium Management LLC raised its position in VTEX by 202.5% in the third quarter. Millennium Management LLC now owns 1,530,983 shares of the company’s stock valued at $6,706,000 after purchasing an additional 1,024,911 shares during the period. Jacobs Levy Equity Management Inc. purchased a new position in shares of VTEX during the third quarter worth $4,412,000. Citadel Advisors LLC grew its stake in shares of VTEX by 524.5% in the third quarter. Citadel Advisors LLC now owns 1,012,225 shares of the company’s stock valued at $4,434,000 after buying an additional 850,132 shares in the last quarter. Polar Capital Holdings Plc grew its stake in shares of VTEX by 11.9% in the third quarter. Polar Capital Holdings Plc now owns 7,034,043 shares of the company’s stock valued at $30,809,000 after buying an additional 748,712 shares in the last quarter. Finally, BW Gestao de Investimentos Ltda. raised its holdings in shares of VTEX by 1,301.0% in the 2nd quarter. BW Gestao de Investimentos Ltda. now owns 746,757 shares of the company’s stock valued at $4,929,000 after buying an additional 693,457 shares during the period. Hedge funds and other institutional investors own 63.69% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Weiss Ratings lowered VTEX from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, March 4th. Brean Capital upgraded shares of VTEX from a “hold” rating to a “buy” rating and set a $5.00 price target on the stock in a research note on Wednesday, March 11th. Wall Street Zen raised shares of VTEX from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 14th. Finally, UBS Group lowered shares of VTEX from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $8.00 to $4.00 in a research note on Wednesday, January 14th. Four equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, VTEX has an average rating of “Hold” and a consensus price target of $5.97.

VTEX Stock Down 3.4%

VTEX stock opened at $3.86 on Thursday. The company’s 50 day moving average price is $3.40 and its 200 day moving average price is $3.86. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.04 and a current ratio of 3.04. VTEX has a fifty-two week low of $2.84 and a fifty-two week high of $6.82. The firm has a market capitalization of $704.69 million, a price-to-earnings ratio of 35.05, a PEG ratio of 0.63 and a beta of 1.31.

VTEX (NYSE:VTEX) last issued its quarterly earnings results on Thursday, February 26th. The company reported $0.05 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.05. VTEX had a net margin of 8.32% and a return on equity of 8.24%. The company had revenue of $67.95 million during the quarter, compared to the consensus estimate of $68.11 million. On average, equities research analysts anticipate that VTEX will post 0.08 EPS for the current fiscal year.

VTEX Profile

VTEX is a global commerce platform provider that offers a full suite of software-as-a-service (SaaS) solutions designed to power online retail and marketplace operations. Its cloud-native platform combines e-commerce, order management and marketplace capabilities in a single environment, enabling brands and retailers to launch and scale digital commerce initiatives without the need for extensive in-house infrastructure. The company’s API-first architecture and microservices design support headless implementations, allowing businesses to integrate front-end experiences, third-party applications and custom modules with minimal development overhead.

Founded in 1999 and headquartered in São Paulo, Brazil, VTEX has expanded its reach to serve customers across Latin America, North America, Europe and Asia-Pacific.