VTEX (NYSE:VTEX) Stock Position Increased by Cubist Systematic Strategies LLC

Cubist Systematic Strategies LLC boosted its position in VTEX (NYSE:VTEX) by 18.8% during the 4th quarter, HoldingsChannel reports. The firm owned 165,381 shares of the company’s stock after buying an additional 26,174 shares during the quarter. Cubist Systematic Strategies LLC’s holdings in VTEX were worth $974,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Artisan Partners Limited Partnership raised its position in shares of VTEX by 7.9% during the 4th quarter. Artisan Partners Limited Partnership now owns 1,463,925 shares of the company’s stock worth $8,623,000 after buying an additional 106,920 shares in the last quarter. AMS Capital Ltda raised its position in shares of VTEX by 54.4% during the 4th quarter. AMS Capital Ltda now owns 1,121,473 shares of the company’s stock worth $6,605,000 after buying an additional 395,030 shares in the last quarter. Marshall Wace LLP raised its holdings in shares of VTEX by 2.2% in the 4th quarter. Marshall Wace LLP now owns 511,985 shares of the company’s stock worth $3,016,000 after purchasing an additional 11,042 shares in the last quarter. JPMorgan Chase & Co. raised 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 worth $3,647,000 after purchasing an additional 116,895 shares in the last quarter. Finally, Trexquant Investment LP raised its holdings in shares of VTEX by 38.3% in the 4th quarter. Trexquant Investment LP now owns 482,556 shares of the company’s stock worth $2,842,000 after purchasing an additional 133,647 shares in the last quarter. 63.69% of the stock is currently owned by institutional investors.

VTEX Price Performance

NYSE VTEX opened at $6.37 on Thursday. The company’s 50 day simple moving average is $5.11 and its 200 day simple moving average is $5.80. VTEX has a 12 month low of $4.20 and a 12 month high of $8.03. The company has a market capitalization of $1.16 billion, a P/E ratio of 106.18 and a beta of 1.29.

VTEX (NYSE:VTEX) last released its quarterly earnings results on Tuesday, May 6th. The company reported $0.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.02. VTEX had a net margin of 3.97% and a return on equity of 3.60%. The business had revenue of $54.20 million for the quarter, compared to analyst estimates of $52.81 million. On average, analysts anticipate that VTEX will post 0.08 earnings per share for the current year.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. dropped their target price on shares of VTEX from $9.00 to $6.50 and set an “overweight” rating on the stock in a report on Tuesday, April 15th.

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.