FNY Investment Advisers LLC Purchases Shares of 69,432 VTEX (NYSE:VTEX)

FNY Investment Advisers LLC purchased a new stake in VTEX (NYSE:VTEX) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 69,432 shares of the company’s stock, valued at approximately $408,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. American Century Companies Inc. boosted its holdings in shares of VTEX by 34.1% during the 2nd quarter. American Century Companies Inc. now owns 1,329,824 shares of the company’s stock worth $9,655,000 after purchasing an additional 338,527 shares during the last quarter. Renaissance Technologies LLC raised its stake in VTEX by 15.9% in the second quarter. Renaissance Technologies LLC now owns 938,800 shares of the company’s stock valued at $6,816,000 after buying an additional 129,100 shares in the last quarter. Fourth Sail Capital LP grew its position in shares of VTEX by 125.0% in the 2nd quarter. Fourth Sail Capital LP now owns 3,098,762 shares of the company’s stock valued at $22,497,000 after buying an additional 1,721,568 shares during the last quarter. Bank of Montreal Can purchased a new stake in VTEX in the 2nd quarter valued at $887,000. Finally, Squarepoint Ops LLC lifted its holdings in shares of VTEX by 157.0% during the second quarter. Squarepoint Ops LLC now owns 62,004 shares of the company’s stock worth $450,000 after purchasing an additional 37,875 shares during the period. Hedge funds and other institutional investors own 63.69% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently commented on the stock. Citigroup initiated coverage on shares of VTEX in a report on Thursday, December 5th. They set a “neutral” rating and a $6.70 price objective on the stock. JPMorgan Chase & Co. cut their price objective on VTEX from $9.50 to $9.00 and set an “overweight” rating on the stock in a report on Friday. Finally, UBS Group lowered their price objective on shares of VTEX from $12.50 to $11.00 and set a “buy” rating for the company in a research report on Friday, December 20th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, VTEX has an average rating of “Moderate Buy” and a consensus price target of $9.74.

VTEX Stock Down 1.2 %

Shares of NYSE:VTEX opened at $5.82 on Tuesday. VTEX has a fifty-two week low of $5.60 and a fifty-two week high of $9.59. The firm has a 50-day simple moving average of $6.20 and a 200 day simple moving average of $6.70. The company has a market cap of $1.07 billion, a PE ratio of 97.02 and a beta of 1.33.

VTEX (NYSE:VTEX) last announced its earnings results on Tuesday, November 5th. The company reported $0.02 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.02. VTEX had a net margin of 3.97% and a return on equity of 3.60%. The firm had revenue of $56.00 million during the quarter, compared to analyst estimates of $57.20 million. During the same quarter in the prior year, the firm posted ($0.01) EPS. VTEX’s revenue was up 10.6% compared to the same quarter last year. As a group, research analysts forecast that VTEX will post 0.09 EPS for the current fiscal 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.