Boston Partners Has $255,000 Stake in VTEX (NYSE:VTEX)

Boston Partners reduced its stake in VTEX (NYSE:VTEX) by 70.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 43,335 shares of the company’s stock after selling 104,332 shares during the quarter. Boston Partners’ holdings in VTEX were worth $255,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in VTEX. Quarry LP lifted its stake in shares of VTEX by 105.7% in the third quarter. Quarry LP now owns 3,637 shares of the company’s stock worth $27,000 after buying an additional 1,869 shares during the last quarter. Barclays PLC acquired a new position in VTEX during the 3rd quarter worth $35,000. Bank Julius Baer & Co. Ltd Zurich bought a new stake in VTEX during the fourth quarter valued at about $33,000. SBI Securities Co. Ltd. bought a new stake in VTEX during the fourth quarter valued at about $59,000. Finally, New York State Common Retirement Fund grew its position in shares of VTEX by 16.8% in the fourth quarter. New York State Common Retirement Fund now owns 104,151 shares of the company’s stock valued at $613,000 after purchasing an additional 14,986 shares during the last quarter. Institutional investors own 63.69% of the company’s stock.

VTEX Stock Down 2.3 %

Shares of VTEX opened at $4.83 on Monday. The stock’s 50-day moving average price is $5.76 and its 200 day moving average price is $6.28. VTEX has a 12-month low of $4.20 and a 12-month high of $9.10. The firm has a market capitalization of $891.73 million, a price-to-earnings ratio of 80.43 and a beta of 1.41.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on VTEX. JPMorgan Chase & Co. decreased their target price on VTEX from $9.50 to $9.00 and set an “overweight” rating for the company in a research note on Friday, January 10th. UBS Group lowered their price objective 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. Finally, Citigroup assumed coverage on shares of VTEX in a research note on Thursday, December 5th. They set a “neutral” rating and a $6.70 target price for the company.

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.