AMS Capital Ltda Grows Stock Position in VTEX (NYSE:VTEX)

AMS Capital Ltda boosted its holdings in VTEX (NYSE:VTEX - Free Report) by 54.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,121,473 shares of the company's stock after purchasing an additional 395,030 shares during the quarter. VTEX accounts for about 3.3% of AMS Capital Ltda's portfolio, making the stock its 10th largest holding. AMS Capital Ltda owned approximately 0.61% of VTEX worth $6,605,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. State Street Corp increased its holdings in VTEX by 51.8% in the 3rd quarter. State Street Corp now owns 806,221 shares of the company's stock valued at $5,998,000 after buying an additional 275,024 shares during the period. Janus Henderson Group PLC increased its holdings in VTEX by 2,128.1% in the 3rd quarter. Janus Henderson Group PLC now owns 558,216 shares of the company's stock valued at $4,144,000 after buying an additional 533,163 shares during the period. JPMorgan Chase & Co. increased its holdings in VTEX by 31.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 490,234 shares of the company's stock valued at $3,647,000 after buying an additional 116,895 shares during the period. Itau Unibanco Holding S.A. bought a new position in VTEX in the 3rd quarter valued at about $2,518,000. Finally, Petrus Trust Company LTA increased its holdings in VTEX by 129.8% in the 3rd quarter. Petrus Trust Company LTA now owns 135,156 shares of the company's stock valued at $1,006,000 after buying an additional 76,338 shares during the period. Institutional investors and hedge funds own 63.69% of the company's stock.

Analysts Set New Price Targets

VTEX has been the topic of several recent analyst reports. UBS Group decreased their target price on shares of VTEX from $12.50 to $11.00 and set a "buy" rating on the stock in a report on Friday, December 20th. Citigroup started coverage on shares of VTEX in a report on Thursday, December 5th. They set a "neutral" rating and a $6.70 price target on the stock. Finally, JPMorgan Chase & Co. dropped their price objective on shares of VTEX from $9.50 to $9.00 and set an "overweight" rating for the company in a research note on Friday, January 10th.

VTEX Stock Up 0.7 %

VTEX stock traded up $0.05 during trading hours on Tuesday, hitting $6.41. The stock had a trading volume of 1,144,495 shares, compared to its average volume of 660,806. The business's 50 day simple moving average is $6.17 and its 200-day simple moving average is $6.61. VTEX has a one year low of $5.60 and a one year high of $9.59. The stock has a market cap of $1.18 billion, a price-to-earnings ratio of 106.77 and a beta of 1.36.

VTEX Company 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.