VTEX (NYSE:VTEX) Shares Bought by AMS Capital Ltda

AMS Capital Ltda boosted its position in shares of VTEX (NYSE:VTEX) by 54.4% in the fourth quarter, HoldingsChannel.com reports. The fund owned 1,121,473 shares of the company’s stock after acquiring an additional 395,030 shares during the quarter. VTEX comprises about 3.3% of AMS Capital Ltda’s portfolio, making the stock its 10th largest holding. AMS Capital Ltda’s holdings in VTEX were worth $6,605,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VTEX. Janus Henderson Group PLC lifted its position in VTEX by 2,128.1% during the 3rd quarter. Janus Henderson Group PLC now owns 558,216 shares of the company’s stock worth $4,144,000 after acquiring an additional 533,163 shares during the period. Itau Unibanco Holding S.A. acquired a new stake in VTEX during the 3rd quarter worth about $2,518,000. State Street Corp lifted its position in VTEX by 51.8% during the 3rd quarter. State Street Corp now owns 806,221 shares of the company’s stock worth $5,998,000 after acquiring an additional 275,024 shares during the period. Main Management ETF Advisors LLC acquired a new position in shares of VTEX in the 3rd quarter valued at about $958,000. Finally, JPMorgan Chase & Co. lifted its holdings in shares of VTEX by 31.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 490,234 shares of the company’s stock valued at $3,647,000 after buying an additional 116,895 shares during the period. Institutional investors and hedge funds own 63.69% of the company’s stock.

VTEX Stock Up 1.5 %

Shares of VTEX stock opened at $6.33 on Friday. VTEX has a twelve month low of $5.60 and a twelve month high of $9.59. The business has a 50-day moving average price of $6.17 and a 200 day moving average price of $6.61. The firm has a market cap of $1.16 billion, a PE ratio of 105.43 and a beta of 1.36.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. UBS Group decreased their price objective on VTEX from $12.50 to $11.00 and set a “buy” rating for the company in a report on Friday, December 20th. Citigroup assumed coverage on VTEX in a report on Thursday, December 5th. They issued a “neutral” rating and a $6.70 price objective for the company. Finally, JPMorgan Chase & Co. decreased their price objective on VTEX from $9.50 to $9.00 and set an “overweight” rating for the company in a report on Friday, January 10th.

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.