Investors Buy High Volume of DLocal Call Options (NASDAQ:DLO)

DLocal Limited (NASDAQ:DLO) was the target of unusually large options trading activity on Tuesday. Traders bought 8,005 call options on the stock. This represents an increase of approximately 85% compared to the typical volume of 4,326 call options.

DLocal Trading Down 0.7%

DLO traded down $0.09 during trading hours on Tuesday, hitting $12.76. The company’s stock had a trading volume of 235,098 shares, compared to its average volume of 1,890,835. The company has a 50-day simple moving average of $12.54 and a 200 day simple moving average of $13.00. The firm has a market capitalization of $3.76 billion, a PE ratio of 20.30 and a beta of 0.99. DLocal has a fifty-two week low of $9.81 and a fifty-two week high of $16.78.

DLocal (NASDAQ:DLO) last posted its quarterly earnings data on Thursday, May 14th. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.01. DLocal had a net margin of 15.85% and a return on equity of 41.22%. The company had revenue of $335.86 million during the quarter, compared to analyst estimates of $331.20 million. During the same quarter last year, the firm posted $0.15 EPS. The business’s revenue for the quarter was up 54.9% on a year-over-year basis. Research analysts expect that DLocal will post 0.81 earnings per share for the current fiscal year.

Insider Buying and Selling at DLocal

In other news, Director William Rodney Pruett bought 20,000 shares of DLocal stock in a transaction that occurred on Friday, May 29th. The shares were purchased at an average price of $11.85 per share, with a total value of $237,000.00. Following the completion of the acquisition, the director directly owned 108,043 shares in the company, valued at $1,280,309.55. The trade was a 22.72% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 45.44% of the company’s stock.

Institutional Investors Weigh In On DLocal

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Hussman Strategic Advisors Inc. acquired a new stake in shares of DLocal in the fourth quarter worth $2,969,000. JPMorgan Chase & Co. raised its position in shares of DLocal by 2,144.7% during the third quarter. JPMorgan Chase & Co. now owns 273,400 shares of the company’s stock worth $3,904,000 after acquiring an additional 261,220 shares during the last quarter. Maxi Investments CY Ltd lifted its holdings in DLocal by 92.0% during the fourth quarter. Maxi Investments CY Ltd now owns 167,000 shares of the company’s stock worth $2,361,000 after acquiring an additional 80,000 shares in the last quarter. Baillie Gifford & Co. raised its position in DLocal by 12.2% in the 4th quarter. Baillie Gifford & Co. now owns 2,996,660 shares of the company’s stock valued at $42,373,000 after buying an additional 326,537 shares during the last quarter. Finally, Paradice Investment Management LLC boosted its position in DLocal by 93.5% during the fourth quarter. Paradice Investment Management LLC now owns 1,943,360 shares of the company’s stock valued at $27,479,000 after purchasing an additional 938,938 shares during the last quarter. 90.13% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on DLO shares. Truist Financial dropped their price objective on DLocal from $16.00 to $15.00 and set a “buy” rating on the stock in a report on Wednesday, May 27th. Wall Street Zen downgraded DLocal from a “buy” rating to a “hold” rating in a research report on Monday, May 18th. The Goldman Sachs Group reiterated a “buy” rating and set a $17.00 price objective on shares of DLocal in a report on Thursday, April 30th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of DLocal in a research report on Monday, April 20th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $16.62.

DLocal Company Profile

dLocal is a fintech company specializing in cross-border payments and payouts for global merchants operating in emerging markets. Headquartered in Montevideo, Uruguay, the company offers a technology platform that simplifies complex payment flows, enabling businesses to connect with local payment methods through a single integration.

The dLocal platform supports a wide range of local payment options, including credit and debit cards, bank transfers, e-wallets and cash-based methods. It incorporates risk-management tools, compliance services and anti-fraud solutions to help clients navigate regulatory requirements and minimize payment failures across diverse jurisdictions.

dLocal serves merchants in sectors such as e-commerce, online marketplaces, digital content and gig economy platforms.