AMS Capital Ltda Buys 83,096 Shares of VTEX (NYSE:VTEX)

AMS Capital Ltda increased its stake in VTEX (NYSE:VTEX) by 12.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 726,443 shares of the company’s stock after acquiring an additional 83,096 shares during the period. VTEX comprises about 0.9% of AMS Capital Ltda’s holdings, making the stock its 13th largest holding. AMS Capital Ltda’s holdings in VTEX were worth $5,405,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of VTEX. Sei Investments Co. increased its holdings in VTEX by 1,856.3% during the 1st quarter. Sei Investments Co. now owns 247,869 shares of the company’s stock valued at $2,025,000 after purchasing an additional 235,199 shares during the period. Russell Investments Group Ltd. increased its stake in shares of VTEX by 153.4% during the first quarter. Russell Investments Group Ltd. now owns 913,774 shares of the company’s stock valued at $7,468,000 after buying an additional 553,193 shares during the period. Fourth Sail Capital LP raised its holdings in shares of VTEX by 125.0% during the second quarter. Fourth Sail Capital LP now owns 3,098,762 shares of the company’s stock valued at $22,497,000 after acquiring an additional 1,721,568 shares in the last quarter. Renaissance Technologies LLC lifted its stake in VTEX by 15.9% in the second quarter. Renaissance Technologies LLC now owns 938,800 shares of the company’s stock worth $6,816,000 after acquiring an additional 129,100 shares during the period. Finally, Acadian Asset Management LLC lifted its stake in VTEX by 23.0% in the second quarter. Acadian Asset Management LLC now owns 1,689,205 shares of the company’s stock worth $12,233,000 after acquiring an additional 315,507 shares during the period. 63.69% of the stock is currently owned by hedge funds and other institutional investors.

VTEX Stock Down 2.4 %

VTEX traded down $0.16 during trading on Wednesday, reaching $6.61. The stock had a trading volume of 183,318 shares, compared to its average volume of 474,727. The company has a current ratio of 3.61, a quick ratio of 3.61 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $1.22 billion, a price-to-earnings ratio of -165.75 and a beta of 1.39. The stock’s 50 day moving average is $7.12 and its two-hundred day moving average is $7.07. VTEX has a one year low of $5.25 and a one year high of $9.59.

VTEX (NYSE:VTEX) last posted its quarterly earnings data on Tuesday, August 6th. The company reported $0.03 EPS for the quarter, topping the consensus estimate of ($0.01) by $0.04. The business had revenue of $56.50 million for the quarter, compared to analyst estimates of $56.45 million. VTEX had a net margin of 1.51% and a return on equity of 1.36%. VTEX’s quarterly revenue was up 18.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.04) earnings per share. As a group, analysts expect that VTEX will post 0.07 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. upped their price objective on shares of VTEX from $9.00 to $10.00 and gave the stock an “overweight” rating in a report on Wednesday, August 7th. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $10.40.

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.