VTEX (NYSE:VTEX) Shares Purchased by Sei Investments Co.

Sei Investments Co. lifted its holdings in shares of VTEX (NYSE:VTEX - Free Report) by 50.4% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 280,193 shares of the company's stock after purchasing an additional 93,873 shares during the quarter. Sei Investments Co. owned about 0.15% of VTEX worth $1,650,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Janus Henderson Group PLC lifted its holdings in VTEX by 2,128.1% during the 3rd quarter. Janus Henderson Group PLC now owns 558,216 shares of the company's stock worth $4,144,000 after buying an additional 533,163 shares in the last quarter. AMS Capital Ltda increased its position in shares of VTEX by 54.4% during the fourth quarter. AMS Capital Ltda now owns 1,121,473 shares of the company's stock worth $6,605,000 after acquiring an additional 395,030 shares during the period. State Street Corp raised its stake in shares of VTEX by 51.8% in the third quarter. State Street Corp now owns 806,221 shares of the company's stock valued at $5,998,000 after acquiring an additional 275,024 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in VTEX by 31.3% in the third quarter. JPMorgan Chase & Co. now owns 490,234 shares of the company's stock valued at $3,647,000 after purchasing an additional 116,895 shares during the period. Finally, XTX Topco Ltd purchased a new position in VTEX in the third quarter valued at $660,000. Hedge funds and other institutional investors own 63.69% of the company's stock.

Wall Street Analysts Forecast Growth

VTEX has been the topic of several recent research reports. JPMorgan Chase & Co. cut their price target on VTEX from $9.50 to $9.00 and set an "overweight" rating on the stock in a report on Friday, January 10th. UBS Group cut their target price on shares of VTEX from $12.50 to $11.00 and set a "buy" rating on the stock in a research note on Friday, December 20th.

VTEX Trading Up 3.5 %

Shares of VTEX stock traded up $0.17 on Friday, reaching $4.92. 517,176 shares of the stock were exchanged, compared to its average volume of 597,729. The company has a market capitalization of $898.46 million, a price-to-earnings ratio of 81.93 and a beta of 1.30. The business's 50 day moving average price is $5.28 and its 200 day moving average price is $6.06. VTEX has a twelve month low of $4.20 and a twelve month high of $8.29.

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.