Barclays PLC Invests $35,000 in VTEX (NYSE:VTEX)

Barclays PLC purchased a new position in shares of VTEX (NYSE:VTEX) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 4,679 shares of the company’s stock, valued at approximately $35,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in VTEX. Quarry LP boosted its position in shares of VTEX by 105.7% during the 3rd quarter. Quarry LP now owns 3,637 shares of the company’s stock worth $27,000 after purchasing an additional 1,869 shares during the period. MQS Management LLC purchased a new position in shares of VTEX during the 3rd quarter worth approximately $91,000. Dynamic Technology Lab Private Ltd purchased a new position in shares of VTEX during the 3rd quarter worth approximately $134,000. Quadrature Capital Ltd purchased a new position in shares of VTEX during the 3rd quarter worth approximately $165,000. Finally, Employees Retirement System of Texas boosted its position in shares of VTEX by 16.3% during the 2nd quarter. Employees Retirement System of Texas now owns 26,212 shares of the company’s stock worth $190,000 after purchasing an additional 3,668 shares during the period. Institutional investors and hedge funds own 63.69% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. UBS Group lowered their price objective on shares of VTEX from $12.50 to $11.00 and set a “buy” rating for the company in a research report on Friday, December 20th. Citigroup started coverage on shares of VTEX in a research report on Thursday, December 5th. They issued a “neutral” rating and a $6.70 price target for the company. Finally, JPMorgan Chase & Co. decreased their price target on shares of VTEX from $9.50 to $9.00 and set an “overweight” rating for the company in a research report on Friday. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $9.74.

VTEX Stock Down 1.0 %

Shares of VTEX stock opened at $5.89 on Friday. VTEX has a 52 week low of $5.60 and a 52 week high of $9.59. The stock has a market capitalization of $1.08 billion, a PE ratio of 98.18 and a beta of 1.33. The firm has a 50 day moving average of $6.22 and a two-hundred day moving average of $6.71.

VTEX (NYSE:VTEX) last issued its quarterly earnings results on Tuesday, November 5th. The company reported $0.02 EPS for the quarter, meeting the consensus estimate of $0.02. VTEX had a net margin of 3.97% and a return on equity of 3.60%. The company had revenue of $56.00 million during the quarter, compared to analysts’ expectations of $57.20 million. During the same quarter last year, the company posted ($0.01) EPS. The firm’s revenue was up 10.6% compared to the same quarter last year. Analysts expect that VTEX will post 0.09 EPS 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.