Quarry LP Grows Stock Position in VTEX (NYSE:VTEX)

Quarry LP lifted its stake in shares of VTEX (NYSE:VTEX) by 105.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,637 shares of the company’s stock after purchasing an additional 1,869 shares during the quarter. Quarry LP’s holdings in VTEX were worth $27,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of VTEX. Fourth Sail Capital LP raised its position in VTEX by 125.0% in the second quarter. Fourth Sail Capital LP now owns 3,098,762 shares of the company’s stock worth $22,497,000 after acquiring an additional 1,721,568 shares in the last quarter. Janus Henderson Group PLC grew its holdings in VTEX by 2,128.1% in the third quarter. Janus Henderson Group PLC now owns 558,216 shares of the company’s stock valued at $4,144,000 after purchasing an additional 533,163 shares during the last quarter. American Century Companies Inc. boosted its stake in shares of VTEX by 34.1% during the second quarter. American Century Companies Inc. now owns 1,329,824 shares of the company’s stock valued at $9,655,000 after acquiring an additional 338,527 shares during the last quarter. Itau Unibanco Holding S.A. acquired a new stake in shares of VTEX during the third quarter valued at $2,518,000. Finally, Acadian Asset Management LLC boosted its stake in shares of VTEX by 23.0% during the second quarter. Acadian Asset Management LLC now owns 1,689,205 shares of the company’s stock valued at $12,233,000 after acquiring an additional 315,507 shares during the last quarter. Hedge funds and other institutional investors own 63.69% of the company’s stock.

VTEX Price Performance

VTEX stock opened at $6.41 on Friday. The stock’s 50-day moving average is $6.66 and its 200-day moving average is $6.83. The company has a market cap of $1.18 billion, a price-to-earnings ratio of 106.85 and a beta of 1.34. VTEX has a 12 month low of $5.72 and a 12 month high of $9.59.

VTEX (NYSE:VTEX) last announced its earnings results on Tuesday, November 5th. The company reported $0.02 EPS for the quarter, meeting the consensus estimate of $0.02. The business had revenue of $56.00 million for the quarter, compared to the consensus estimate of $57.20 million. VTEX had a return on equity of 3.60% and a net margin of 3.97%. The company’s revenue was up 10.6% on a year-over-year basis. During the same period last year, the business posted ($0.01) EPS. Research analysts anticipate that VTEX will post 0.09 EPS for the current year.

Wall Street Analyst Weigh In

Separately, Citigroup initiated coverage on VTEX in a research report on Thursday, December 5th. They set a “neutral” rating and a $6.70 target price on the stock. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $9.78.

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.