Hsbc Holdings PLC Purchases Shares of 1,390,683 DLocal Limited $DLO

Hsbc Holdings PLC purchased a new stake in DLocal Limited (NASDAQ:DLO) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 1,390,683 shares of the company’s stock, valued at approximately $18,037,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Cria Inc. acquired a new position in shares of DLocal during the fourth quarter worth about $56,560,000. Atmos Capital Gestao DE Recursos LTDA. bought a new stake in DLocal in the 4th quarter valued at approximately $54,128,000. Marshall Wace LLP lifted its stake in DLocal by 18.9% in the 4th quarter. Marshall Wace LLP now owns 3,662,772 shares of the company’s stock valued at $51,792,000 after acquiring an additional 582,718 shares in the last quarter. Baillie Gifford & Co. boosted its position in DLocal by 12.2% during the 4th quarter. Baillie Gifford & Co. now owns 2,996,660 shares of the company’s stock worth $42,373,000 after acquiring an additional 326,537 shares during the last quarter. Finally, Paradice Investment Management LLC boosted its position in DLocal by 93.5% during the 4th quarter. Paradice Investment Management LLC now owns 1,943,360 shares of the company’s stock worth $27,479,000 after acquiring an additional 938,938 shares during the last quarter. 90.13% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director William Rodney Pruett purchased 20,000 shares of the business’s stock in a transaction on Friday, May 29th. The stock was purchased at an average price of $11.85 per share, for a total transaction of $237,000.00. Following the completion of the purchase, 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 position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Sebastian Kanovich sold 1,000,000 shares of DLocal stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $14.63, for a total transaction of $14,630,000.00. Following the completion of the transaction, the director directly owned 1,000,000 shares of the company’s stock, valued at approximately $14,630,000. This trade represents a 50.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 45.44% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Wall Street Zen downgraded shares of DLocal from a “buy” rating to a “hold” rating in a report on Monday, May 18th. UBS Group upgraded shares of DLocal from a “neutral” rating to a “buy” rating and increased their target price for the stock from $16.00 to $20.00 in a report on Wednesday, July 1st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of DLocal in a research report on Friday. Truist Financial lowered their price target on shares of DLocal from $16.00 to $15.00 and set a “buy” rating on the stock in a research note on Wednesday, May 27th. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $17.00 price target on shares of DLocal in a research report on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, DLocal has an average rating of “Buy” and an average target price of $17.25.

DLocal Stock Up 0.4%

NASDAQ:DLO opened at $14.77 on Wednesday. The firm has a market capitalization of $4.36 billion, a price-to-earnings ratio of 23.44 and a beta of 0.97. DLocal Limited has a twelve month low of $9.81 and a twelve month high of $16.78. The stock’s 50 day moving average price is $12.91 and its two-hundred day moving average price is $13.05.

DLocal (NASDAQ:DLO) last announced its quarterly earnings data on Thursday, May 14th. The company reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.01. The company had revenue of $335.86 million for the quarter, compared to analysts’ expectations of $331.20 million. DLocal had a return on equity of 41.22% and a net margin of 15.85%.The business’s revenue was up 54.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.15 EPS. As a group, analysts anticipate that DLocal Limited will post 0.81 earnings per share for the current year.

DLocal 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.