Janus Henderson Group PLC Has $4.14 Million Holdings in VTEX (NYSE:VTEX)

Janus Henderson Group PLC boosted its stake in shares of VTEX (NYSE:VTEX - Free Report) by 2,128.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 558,216 shares of the company's stock after purchasing an additional 533,163 shares during the period. Janus Henderson Group PLC owned 0.30% of VTEX worth $4,144,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the stock. nVerses Capital LLC acquired a new position in VTEX during the second quarter worth $40,000. MQS Management LLC bought a new position in shares of VTEX in the 3rd quarter valued at about $91,000. Dynamic Technology Lab Private Ltd bought a new stake in shares of VTEX in the 3rd quarter valued at about $134,000. Employees Retirement System of Texas lifted its stake in VTEX by 16.3% in the 2nd quarter. Employees Retirement System of Texas now owns 26,212 shares of the company's stock valued at $190,000 after purchasing an additional 3,668 shares during the last quarter. Finally, Constellation Investimentos e Participacoes Ltda bought a new position in VTEX during the second quarter worth about $296,000. 63.69% of the stock is currently owned by institutional investors.

VTEX Trading Up 5.4 %

VTEX stock traded up $0.34 during mid-day trading on Wednesday, hitting $6.64. 1,036,131 shares of the company were exchanged, compared to its average volume of 484,881. VTEX has a 1-year low of $5.72 and a 1-year high of $9.59. The business has a 50 day simple moving average of $6.67 and a 200-day simple moving average of $6.84. The stock has a market capitalization of $1.22 billion, a PE ratio of 110.69 and a beta of 1.34.

VTEX (NYSE:VTEX - Get Free Report) last issued its quarterly earnings data on Tuesday, November 5th. The company reported $0.02 EPS for the quarter, meeting analysts' consensus estimates of $0.02. VTEX had a return on equity of 3.60% and a net margin of 3.97%. The firm had revenue of $56.00 million for the quarter, compared to analyst estimates of $57.20 million. During the same period in the prior year, the firm posted ($0.01) EPS. The company's revenue for the quarter was up 10.6% on a year-over-year basis. Equities research analysts expect that VTEX will post 0.09 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, Citigroup began coverage on VTEX in a research report on Thursday, December 5th. They issued a "neutral" rating and a $6.70 price objective for the company. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $9.78.

VTEX 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.