AMS Capital Ltda Reduces Stake in VTEX $VTEX

AMS Capital Ltda lessened its holdings in shares of VTEX (NYSE:VTEX) by 70.8% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 414,500 shares of the company’s stock after selling 1,006,429 shares during the period. VTEX accounts for approximately 0.7% of AMS Capital Ltda’s investment portfolio, making the stock its 13th biggest holding. AMS Capital Ltda’s holdings in VTEX were worth $1,816,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Jacobs Levy Equity Management Inc. acquired a new stake in VTEX during the third quarter worth approximately $4,412,000. PharVision Advisers LLC purchased a new stake in shares of VTEX during the 3rd quarter worth approximately $381,000. XTX Topco Ltd acquired a new position in shares of VTEX in the 3rd quarter valued at $1,113,000. Sherbrooke Park Advisers LLC purchased a new position in shares of VTEX in the 3rd quarter valued at $54,000. Finally, Polar Capital Holdings Plc grew its position in shares of VTEX by 11.9% in the 3rd quarter. Polar Capital Holdings Plc now owns 7,034,043 shares of the company’s stock valued at $30,809,000 after buying an additional 748,712 shares during the last quarter. Hedge funds and other institutional investors own 63.69% of the company’s stock.

VTEX Stock Down 3.4%

Shares of NYSE:VTEX opened at $3.86 on Thursday. VTEX has a 1-year low of $2.84 and a 1-year high of $6.82. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.04 and a quick ratio of 3.04. The stock has a market cap of $704.69 million, a P/E ratio of 35.05, a P/E/G ratio of 0.63 and a beta of 1.31. The firm has a fifty day moving average price of $3.40 and a 200 day moving average price of $3.86.

VTEX (NYSE:VTEX) last announced its earnings results on Thursday, February 26th. The company reported $0.05 EPS for the quarter, meeting analysts’ consensus estimates of $0.05. VTEX had a net margin of 8.32% and a return on equity of 8.24%. The business had revenue of $67.95 million during the quarter, compared to analysts’ expectations of $68.11 million. Sell-side analysts predict that VTEX will post 0.08 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. UBS Group cut shares of VTEX from a “buy” rating to a “neutral” rating and reduced their price target for the company from $8.00 to $4.00 in a research report on Wednesday, January 14th. Weiss Ratings lowered VTEX from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, March 4th. Wall Street Zen upgraded VTEX from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 14th. Finally, Brean Capital raised VTEX from a “hold” rating to a “buy” rating and set a $5.00 target price for the company in a report on Wednesday, March 11th. Four analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $5.97.

VTEX Profile

VTEX is a global commerce platform provider that offers a full suite of software-as-a-service (SaaS) solutions designed to power online retail and marketplace operations. Its cloud-native platform combines e-commerce, order management and marketplace capabilities in a single environment, enabling brands and retailers to launch and scale digital commerce initiatives without the need for extensive in-house infrastructure. The company’s API-first architecture and microservices design support headless implementations, allowing businesses to integrate front-end experiences, third-party applications and custom modules with minimal development overhead.

Founded in 1999 and headquartered in São Paulo, Brazil, VTEX has expanded its reach to serve customers across Latin America, North America, Europe and Asia-Pacific.