VTEX (NYSE:VTEX) Shares Bought by Quadrature Capital Ltd

Quadrature Capital Ltd boosted its stake in shares of VTEX (NYSE:VTEX) by 4.8% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 156,192 shares of the company’s stock after acquiring an additional 7,142 shares during the period. Quadrature Capital Ltd owned about 0.08% of VTEX worth $1,075,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. raised its position in shares of VTEX by 2.3% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 58,489 shares of the company’s stock valued at $402,000 after buying an additional 1,302 shares during the last quarter. Exchange Traded Concepts LLC acquired a new stake in shares of VTEX in the fourth quarter valued at about $28,000. Van ECK Associates Corp raised its position in shares of VTEX by 28.6% in the fourth quarter. Van ECK Associates Corp now owns 33,226 shares of the company’s stock valued at $229,000 after buying an additional 7,392 shares during the last quarter. New York State Common Retirement Fund acquired a new stake in shares of VTEX in the fourth quarter valued at about $99,000. Finally, Baader Bank Aktiengesellschaft acquired a new stake in shares of VTEX in the fourth quarter valued at about $138,000. 63.69% of the stock is currently owned by institutional investors and hedge funds.

VTEX Trading Down 3.4 %

Shares of VTEX opened at $6.51 on Thursday. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.42 and a quick ratio of 3.42. VTEX has a 12-month low of $4.28 and a 12-month high of $9.59. The firm has a 50-day moving average price of $7.16 and a 200 day moving average price of $7.52.

VTEX (NYSE:VTEX) last announced its earnings results on Tuesday, May 7th. The company reported ($0.01) earnings per share for the quarter, topping the consensus estimate of ($0.03) by $0.02. The company had revenue of $52.60 million during the quarter, compared to analyst estimates of $53.45 million. VTEX had a negative net margin of 3.87% and a negative return on equity of 3.32%. VTEX’s revenue was up 24.3% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.04) earnings per share. On average, sell-side analysts expect that VTEX will post -0.03 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. Piper Sandler increased their target price on shares of VTEX from $9.00 to $10.00 and gave the company an “overweight” rating in a research report on Wednesday, February 28th. UBS Group increased their target price on shares of VTEX from $8.50 to $12.00 and gave the company a “buy” rating in a research report on Monday, March 25th. Finally, JPMorgan Chase & Co. raised shares of VTEX from a “neutral” rating to an “overweight” rating and set a $9.00 price objective for the company in a report on Tuesday, May 14th. Five analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $9.42.

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.