EntryPoint Capital LLC Purchases New Position in VTEX (NYSE:VTEX)

EntryPoint Capital LLC purchased a new stake in VTEX (NYSE:VTEX) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 75,637 shares of the company’s stock, valued at approximately $446,000.

Several other hedge funds have also recently bought and sold shares of the stock. AMS Capital Ltda increased its stake in shares of VTEX by 54.4% during the fourth quarter. AMS Capital Ltda now owns 1,121,473 shares of the company’s stock worth $6,605,000 after purchasing an additional 395,030 shares during the period. State Street Corp increased its position in VTEX by 51.8% during the 3rd quarter. State Street Corp now owns 806,221 shares of the company’s stock worth $5,998,000 after buying an additional 275,024 shares during the period. Janus Henderson Group PLC lifted its holdings in shares of VTEX by 2,128.1% during the third quarter. Janus Henderson Group PLC now owns 558,216 shares of the company’s stock worth $4,144,000 after buying an additional 533,163 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of VTEX by 31.3% in the third quarter. JPMorgan Chase & Co. now owns 490,234 shares of the company’s stock valued at $3,647,000 after acquiring an additional 116,895 shares during the period. Finally, Itau Unibanco Holding S.A. acquired a new position in shares of VTEX in the third quarter valued at about $2,518,000. 63.69% of the stock is currently owned by institutional investors and hedge funds.

VTEX Stock Performance

NYSE VTEX opened at $4.93 on Wednesday. The firm’s fifty day moving average price is $5.72 and its two-hundred day moving average price is $6.26. The stock has a market cap of $911.13 million, a PE ratio of 82.18 and a beta of 1.41. VTEX has a fifty-two week low of $4.20 and a fifty-two week high of $9.10.

Wall Street Analyst Weigh In

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

About VTEX

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.