12,273 Shares in VTEX (NYSE:VTEX) Bought by MQS Management LLC

MQS Management LLC bought a new position in VTEX (NYSE:VTEX) during the third quarter, according to the company in its most recent filing with the SEC. The firm bought 12,273 shares of the company’s stock, valued at approximately $91,000.

Other large investors also recently added to or reduced their stakes in the company. nVerses Capital LLC purchased a new position in VTEX in the 2nd quarter worth $40,000. Bayesian Capital Management LP purchased a new position in VTEX in the 1st quarter worth $83,000. Absolute Gestao de Investimentos Ltda. purchased a new position in VTEX in the 1st quarter worth $135,000. Lazard Asset Management LLC increased its position in shares of VTEX by 52.3% in the first quarter. Lazard Asset Management LLC now owns 20,783 shares of the company’s stock valued at $169,000 after acquiring an additional 7,138 shares during the period. Finally, Employees Retirement System of Texas increased its position in shares of VTEX by 16.3% in the second quarter. Employees Retirement System of Texas now owns 26,212 shares of the company’s stock valued at $190,000 after acquiring an additional 3,668 shares during the period. Hedge funds and other institutional investors own 63.69% of the company’s stock.

VTEX Trading Down 3.5 %

Shares of VTEX opened at $6.29 on Friday. The firm’s 50-day moving average price is $6.92 and its 200-day moving average price is $6.95. The firm has a market capitalization of $1.16 billion, a price-to-earnings ratio of 104.83 and a beta of 1.40. VTEX has a 1-year low of $5.72 and a 1-year high of $9.59.

VTEX (NYSE:VTEX) last announced its earnings results on Tuesday, November 5th. The company reported $0.02 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.02. The firm had revenue of $56.00 million for the quarter, compared to analyst estimates of $57.20 million. VTEX had a net margin of 3.97% and a return on equity of 3.60%. The company’s revenue for the quarter was up 10.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.01) EPS. On average, research analysts forecast that VTEX will post 0.07 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. boosted their price objective on shares of VTEX from $9.00 to $10.00 and gave the company an “overweight” rating in a research report on Wednesday, August 7th. Five research analysts have rated the stock with a buy rating, According to MarketBeat, VTEX currently has an average rating of “Buy” and a consensus target price of $10.40.

About VTEX

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.