SG Americas Securities LLC Has $6.05 Million Stake in DLocal Limited $DLO

SG Americas Securities LLC lifted its stake in DLocal Limited (NASDAQ:DLO) by 4,760.6% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 466,570 shares of the company’s stock after purchasing an additional 456,971 shares during the period. SG Americas Securities LLC owned 0.16% of DLocal worth $6,051,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd increased its stake in shares of DLocal by 114.6% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,826 shares of the company’s stock valued at $26,000 after buying an additional 975 shares during the period. IFP Advisors Inc acquired a new position in shares of DLocal during the third quarter valued at $26,000. University of Texas Texas AM Investment Management Co. bought a new position in DLocal in the fourth quarter valued at about $40,000. Kestra Advisory Services LLC bought a new position in DLocal in the fourth quarter valued at about $95,000. Finally, Osaic Holdings Inc. increased its position in DLocal by 17.1% in the second 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 period. Institutional investors own 90.13% of the company’s stock.

Insider Activity

In other news, Director William Rodney Pruett acquired 20,000 shares of the stock in a transaction that occurred on Friday, May 29th. The stock was acquired at an average price of $11.85 per share, for a total transaction of $237,000.00. Following the transaction, the director directly owned 108,043 shares in the company, valued at approximately $1,280,309.55. This represents a 22.72% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link. 45.44% of the stock is owned by company insiders.

DLocal Price Performance

Shares of DLO stock opened at $12.69 on Monday. The stock has a market cap of $3.74 billion, a PE ratio of 20.14 and a beta of 0.99. The stock has a 50-day moving average of $12.56 and a 200-day moving average of $13.00. DLocal Limited has a one year low of $9.81 and a one year high of $16.78.

DLocal (NASDAQ:DLO) last issued its quarterly earnings data on Thursday, May 14th. The company reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.01. DLocal had a net margin of 15.85% and a return on equity of 41.22%. The firm had revenue of $335.86 million during the quarter, compared to analysts’ expectations of $331.20 million. During the same quarter in the previous year, the company earned $0.15 earnings per share. The business’s revenue for the quarter was up 54.9% on a year-over-year basis. As a group, research analysts anticipate that DLocal Limited will post 0.81 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on DLO shares. Truist Financial cut their target price on shares of DLocal from $16.00 to $15.00 and set a “buy” rating on the stock in a research report on Wednesday, May 27th. Wall Street Zen cut shares of DLocal from a “buy” rating to a “hold” rating in a research report on Monday, May 18th. The Goldman Sachs Group reissued a “buy” rating and set a $17.00 price target on shares of DLocal in a research note on Thursday, April 30th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of DLocal in a research note on Monday, April 20th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, DLocal currently has an average rating of “Moderate Buy” and an average price target of $16.62.

About DLocal

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.