VTEX $VTEX Shares Purchased by Ashoka WhiteOak Capital Pte Ltd

Ashoka WhiteOak Capital Pte Ltd grew its holdings in shares of VTEX (NYSE:VTEX) by 130.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 86,100 shares of the company’s stock after purchasing an additional 48,800 shares during the period. VTEX makes up about 0.3% of Ashoka WhiteOak Capital Pte Ltd’s holdings, making the stock its 15th biggest position. Ashoka WhiteOak Capital Pte Ltd’s holdings in VTEX were worth $564,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. State of Wyoming purchased a new stake in shares of VTEX during the fourth quarter worth about $45,000. Diversified Trust Co acquired a new position in shares of VTEX in the 2nd quarter valued at about $122,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of VTEX by 15.8% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,712 shares of the company’s stock valued at $157,000 after purchasing an additional 3,644 shares in the last quarter. HighTower Advisors LLC raised its holdings in shares of VTEX by 50.4% during the 1st quarter. HighTower Advisors LLC now owns 34,449 shares of the company’s stock valued at $175,000 after buying an additional 11,548 shares during the period. Finally, BNP Paribas Financial Markets purchased a new stake in shares of VTEX during the 4th quarter valued at about $248,000. Hedge funds and other institutional investors own 63.69% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on VTEX shares. Citigroup started coverage on VTEX in a report on Monday, June 23rd. They set a “buy” rating and a $10.00 price objective on the stock. JPMorgan Chase & Co. restated a “neutral” rating and set a $6.00 price objective (down previously from $7.50) on shares of VTEX in a research report on Friday, August 8th. Jefferies Financial Group upgraded VTEX from a “hold” rating to a “buy” rating and reduced their price target for the stock from $7.30 to $6.50 in a research report on Wednesday, September 17th. Wall Street Zen raised VTEX from a “hold” rating to a “buy” rating in a research note on Saturday, August 16th. Finally, UBS Group dropped their price objective on VTEX from $10.00 to $8.00 and set a “buy” rating on the stock in a research note on Friday, August 22nd. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, VTEX presently has an average rating of “Moderate Buy” and a consensus target price of $7.63.

VTEX Price Performance

Shares of NYSE:VTEX opened at $4.32 on Friday. The business has a 50 day moving average price of $4.75 and a 200 day moving average price of $5.42. VTEX has a twelve month low of $3.91 and a twelve month high of $7.58. The company has a market cap of $788.78 million, a price-to-earnings ratio of 53.94 and a beta of 1.31. The company has a quick ratio of 3.31, a current ratio of 3.31 and a debt-to-equity ratio of 0.01.

VTEX (NYSE:VTEX) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.02 EPS for the quarter, hitting analysts’ consensus estimates of $0.02. VTEX had a return on equity of 5.27% and a net margin of 5.80%.The company had revenue of $58.80 million during the quarter, compared to the consensus estimate of $60.35 million. VTEX has set its FY 2025 guidance at EPS. Research analysts predict that VTEX will post 0.08 earnings per share for the current year.

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.