Arrowstreet Capital Limited Partnership purchased a new position in shares of VTEX (NYSE:VTEX - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 157,002 shares of the company's stock, valued at approximately $925,000. Arrowstreet Capital Limited Partnership owned 0.09% of VTEX at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of VTEX. Barclays PLC purchased a new stake in VTEX in the 3rd quarter worth about $35,000. Bank Julius Baer & Co. Ltd Zurich purchased a new stake in VTEX during the 4th quarter valued at about $33,000. SBI Securities Co. Ltd. purchased a new position in shares of VTEX in the fourth quarter valued at about $59,000. New York State Common Retirement Fund boosted its holdings in shares of VTEX by 16.8% during the fourth quarter. New York State Common Retirement Fund now owns 104,151 shares of the company's stock worth $613,000 after purchasing an additional 14,986 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in shares of VTEX by 120.9% during the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 53,389 shares of the company's stock valued at $314,000 after acquiring an additional 29,218 shares in the last quarter. Institutional investors and hedge funds own 63.69% of the company's stock.
VTEX Stock Performance
NYSE VTEX traded down $0.03 during trading on Tuesday, hitting $4.89. The stock had a trading volume of 658,870 shares, compared to its average volume of 598,249. The stock has a 50 day simple moving average of $5.24 and a 200 day simple moving average of $6.03. The stock has a market capitalization of $892.97 million, a price-to-earnings ratio of 81.43 and a beta of 1.30. VTEX has a one year low of $4.20 and a one year high of $8.24.
Analyst Upgrades and Downgrades
Several equities analysts have commented on VTEX shares. UBS Group lowered their price objective on VTEX from $12.50 to $11.00 and set a "buy" rating for the company in a research report on Friday, December 20th. JPMorgan Chase & Co. reduced their target price on shares of VTEX from $9.00 to $6.50 and set an "overweight" rating for the company in a report on Tuesday.
Read Our Latest Stock Report on VTEX
VTEX Profile
(
Free Report)
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.
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