Atmos Capital Gestao DE Recursos LTDA. acquired a new stake in DLocal Limited (NASDAQ:DLO – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 1,913,998 shares of the company’s stock, valued at approximately $27,064,000. DLocal comprises 3.6% of Atmos Capital Gestao DE Recursos LTDA.’s holdings, making the stock its 4th biggest position.
Other large investors have also modified their holdings of the company. IFP Advisors Inc purchased a new position in shares of DLocal during the third quarter worth approximately $26,000. University of Texas Texas AM Investment Management Co. purchased a new stake in DLocal in the 4th quarter valued at $40,000. Jones Financial Companies Lllp boosted its stake in DLocal by 221.1% during the 3rd quarter. Jones Financial Companies Lllp now owns 4,816 shares of the company’s stock worth $70,000 after purchasing an additional 3,316 shares during the period. Kestra Advisory Services LLC acquired a new stake in DLocal during the 4th quarter worth $95,000. Finally, Osaic Holdings Inc. grew its position in DLocal by 17.1% during the 2nd quarter. Osaic Holdings Inc. now owns 9,108 shares of the company’s stock worth $103,000 after purchasing an additional 1,329 shares during the last quarter. 90.13% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of research analysts have commented on the stock. Wall Street Zen lowered shares of DLocal from a “buy” rating to a “hold” rating in a research note on Monday, May 18th. The Goldman Sachs Group reiterated a “buy” rating and set a $17.00 target price on shares of DLocal in a research note on Thursday, April 30th. Truist Financial lowered their price target on DLocal from $16.00 to $15.00 and set a “buy” rating on the stock in a report on Wednesday, May 27th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of DLocal in a research report on Monday, April 20th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, DLocal has a consensus rating of “Moderate Buy” and an average target price of $16.62.
Insider Transactions at DLocal
In other news, Director William Rodney Pruett acquired 20,000 shares of DLocal stock in a transaction that occurred on Friday, May 29th. The stock was purchased at an average price of $11.85 per share, for a total transaction of $237,000.00. Following the completion of the transaction, the director directly owned 108,043 shares in the company, valued at approximately $1,280,309.55. This trade represents a 22.72% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 45.44% of the stock is owned by corporate insiders.
DLocal Stock Performance
Shares of DLocal stock opened at $12.79 on Friday. The company has a market cap of $3.77 billion, a P/E ratio of 20.30 and a beta of 0.99. DLocal Limited has a one year low of $9.81 and a one year high of $16.78. The firm has a fifty day moving average of $12.66 and a two-hundred day moving average of $13.04.
DLocal (NASDAQ:DLO – Get Free Report) last released its earnings results on Thursday, May 14th. The company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.16 by $0.01. The company had revenue of $335.86 million during the quarter, compared to analysts’ expectations of $331.20 million. DLocal had a net margin of 15.85% and a return on equity of 41.22%. The business’s revenue was up 54.9% on a year-over-year basis. During the same quarter last year, the business earned $0.15 EPS. As a group, equities analysts predict that DLocal Limited will post 0.81 earnings per share for the current year.
DLocal Profile
dLocal is a fintech company specializing in cross-border payments and payouts for global merchants operating in emerging markets. Headquartered in Montevideo, Uruguay, the company offers a technology platform that simplifies complex payment flows, enabling businesses to connect with local payment methods through a single integration.
The dLocal platform supports a wide range of local payment options, including credit and debit cards, bank transfers, e-wallets and cash-based methods. It incorporates risk-management tools, compliance services and anti-fraud solutions to help clients navigate regulatory requirements and minimize payment failures across diverse jurisdictions.
dLocal serves merchants in sectors such as e-commerce, online marketplaces, digital content and gig economy platforms.
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