VTEX (NYSE:VTEX) Position Raised by Fourth Sail Capital LP

Fourth Sail Capital LP raised its holdings in VTEX (NYSE:VTEXFree Report) by 125.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,098,762 shares of the company’s stock after purchasing an additional 1,721,568 shares during the period. VTEX accounts for about 5.2% of Fourth Sail Capital LP’s holdings, making the stock its 5th biggest position. Fourth Sail Capital LP owned 1.68% of VTEX worth $22,497,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of VTEX. nVerses Capital LLC bought a new position in VTEX in the 2nd quarter worth about $40,000. Lazard Asset Management LLC boosted its position in shares of VTEX by 52.3% in the first quarter. Lazard Asset Management LLC now owns 20,783 shares of the company’s stock valued at $169,000 after acquiring an additional 7,138 shares during the period. Quadrature Capital Ltd boosted its position in shares of VTEX by 4.8% in the fourth quarter. Quadrature Capital Ltd now owns 156,192 shares of the company’s stock valued at $1,075,000 after acquiring an additional 7,142 shares during the period. Bayesian Capital Management LP bought a new stake in VTEX during the 1st quarter worth approximately $83,000. Finally, Absolute Gestao de Investimentos Ltda. purchased a new stake in VTEX in the 1st quarter worth approximately $135,000. Institutional investors own 63.69% of the company’s stock.

VTEX Stock Performance

Shares of NYSE VTEX opened at $6.61 on Tuesday. The stock’s 50-day moving average is $6.89 and its 200 day moving average is $7.32. The stock has a market cap of $1.22 billion, a price-to-earnings ratio of -165.25 and a beta of 1.39. VTEX has a 1-year low of $4.66 and a 1-year high of $9.59. The company has a current ratio of 3.61, a quick ratio of 3.61 and a debt-to-equity ratio of 0.01.

VTEX (NYSE:VTEXGet Free Report) last posted its quarterly earnings results on Tuesday, August 6th. The company reported $0.03 EPS for the quarter, topping the consensus estimate of ($0.01) by $0.04. VTEX had a net margin of 1.51% and a return on equity of 1.36%. The firm had revenue of $56.50 million for the quarter, compared to the consensus estimate of $56.45 million. During the same period last year, the firm posted ($0.04) earnings per share. The business’s revenue was up 18.0% compared to the same quarter last year. On average, sell-side analysts anticipate that VTEX will post 0.06 EPS for the current fiscal year.

Analyst Ratings Changes

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

Check Out Our Latest Analysis on VTEX

About VTEX

(Free Report)

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.

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Institutional Ownership by Quarter for VTEX (NYSE:VTEX)

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