EntryPoint Capital LLC bought a new position in shares of VTEX (NYSE:VTEX - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 75,637 shares of the company's stock, valued at approximately $446,000.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Quarry LP boosted its stake in shares of VTEX by 105.7% during the 3rd quarter. Quarry LP now owns 3,637 shares of the company's stock valued at $27,000 after buying an additional 1,869 shares during the last quarter. Barclays PLC bought a new position in VTEX during the 3rd quarter valued at $35,000. Bank Julius Baer & Co. Ltd Zurich acquired a new position in VTEX during the 4th quarter worth $33,000. SBI Securities Co. Ltd. acquired a new position in VTEX during the 4th quarter worth $59,000. Finally, Dynamic Technology Lab Private Ltd bought a new stake in shares of VTEX in the 3rd quarter worth about $134,000. 63.69% of the stock is owned by institutional investors and hedge funds.
VTEX Stock Down 1.3 %
VTEX traded down $0.07 during trading on Friday, reaching $5.12. The stock had a trading volume of 900,740 shares, compared to its average volume of 579,996. VTEX has a 1-year low of $4.20 and a 1-year high of $9.10. The firm has a market capitalization of $945.32 million, a price-to-earnings ratio of 85.26 and a beta of 1.41. The stock has a 50 day moving average of $5.66 and a two-hundred day moving average of $6.23.
Analysts Set New Price Targets
VTEX has been the subject of a number of research reports. UBS Group decreased their price target on VTEX from $12.50 to $11.00 and set a "buy" rating for the company in a research note on Friday, December 20th. JPMorgan Chase & Co. decreased their target price on VTEX from $9.50 to $9.00 and set an "overweight" rating for the company in a research report on Friday, January 10th. Finally, Citigroup started coverage on shares of VTEX in a report on Thursday, December 5th. They issued a "neutral" rating and a $6.70 target price on the stock.
View Our Latest Research Report on VTEX
About VTEX
(
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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