4,679 Shares in VTEX (NYSE:VTEX) Bought by Barclays PLC

Barclays PLC bought a new stake in VTEX (NYSE:VTEX) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 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 recently bought and sold shares of the business. Quarry LP boosted its stake in shares of VTEX by 105.7% in the 3rd quarter. Quarry LP now owns 3,637 shares of the company’s stock valued at $27,000 after purchasing an additional 1,869 shares in the last quarter. MQS Management LLC acquired a new stake in VTEX in the third quarter valued at approximately $91,000. Dynamic Technology Lab Private Ltd bought a new stake in shares of VTEX during the third quarter worth $134,000. Quadrature Capital Ltd bought a new stake in shares of VTEX during the third quarter worth $165,000. Finally, Point72 Asset Management L.P. acquired a new position in shares of VTEX during the third quarter worth $196,000. Institutional investors own 63.69% of the company’s stock.

VTEX Stock Performance

NYSE:VTEX opened at $6.27 on Friday. VTEX has a 52 week low of $5.60 and a 52 week high of $9.59. The firm’s fifty day moving average is $6.11 and its 200-day moving average is $6.64. The firm has a market cap of $1.15 billion, a P/E ratio of 104.43 and a beta of 1.33.

VTEX (NYSE:VTEX) last posted its quarterly earnings data on Tuesday, November 5th. The company reported $0.02 earnings per share for the quarter, hitting the consensus estimate of $0.02. VTEX had a return on equity of 3.60% and a net margin of 3.97%. The firm had revenue of $56.00 million during the quarter, compared to analyst estimates of $57.20 million. During the same period last year, the company posted ($0.01) EPS. The business’s quarterly revenue was up 10.6% on a year-over-year basis. As a group, sell-side analysts anticipate that VTEX will post 0.08 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms recently weighed in on VTEX. UBS Group cut their price objective on VTEX from $12.50 to $11.00 and set a “buy” rating on the stock in a report on Friday, December 20th. Citigroup assumed coverage on VTEX in a research note on Thursday, December 5th. They set a “neutral” rating and a $6.70 price target on the stock. Finally, JPMorgan Chase & Co. lowered their price objective on VTEX from $9.50 to $9.00 and set an “overweight” rating for the company in a research note on Friday, January 10th.

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.