Janus Henderson Group PLC Increases Stock Holdings in VTEX (NYSE:VTEX)

Janus Henderson Group PLC increased its stake in shares of VTEX (NYSE:VTEX) by 2,128.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 558,216 shares of the company’s stock after buying an additional 533,163 shares during the quarter. Janus Henderson Group PLC’s holdings in VTEX were worth $4,144,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of VTEX. nVerses Capital LLC purchased a new stake in shares of VTEX in the second quarter valued at about $40,000. Constellation Investimentos e Participacoes Ltda purchased a new stake in VTEX in the 2nd quarter valued at about $296,000. Acadian Asset Management LLC lifted its position in shares of VTEX by 23.0% during the 2nd quarter. Acadian Asset Management LLC now owns 1,689,205 shares of the company’s stock worth $12,233,000 after buying an additional 315,507 shares in the last quarter. American Century Companies Inc. boosted its stake in shares of VTEX by 34.1% in the 2nd quarter. American Century Companies Inc. now owns 1,329,824 shares of the company’s stock worth $9,655,000 after buying an additional 338,527 shares during the last quarter. Finally, Renaissance Technologies LLC grew its holdings in shares of VTEX by 15.9% in the second quarter. Renaissance Technologies LLC now owns 938,800 shares of the company’s stock valued at $6,816,000 after acquiring an additional 129,100 shares in the last quarter. 63.69% of the stock is currently owned by institutional investors.

VTEX Trading Up 1.8 %

NYSE:VTEX opened at $6.30 on Wednesday. The firm’s 50 day moving average is $6.69 and its 200 day moving average is $6.84. VTEX has a 12 month low of $5.72 and a 12 month high of $9.59. The stock has a market capitalization of $1.16 billion, a PE ratio of 105.02 and a beta of 1.34.

VTEX (NYSE:VTEX) last issued its earnings results on Tuesday, November 5th. The company reported $0.02 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.02. The firm had revenue of $56.00 million for the quarter, compared to analyst estimates of $57.20 million. VTEX had a return on equity of 3.60% and a net margin of 3.97%. The business’s revenue was up 10.6% on a year-over-year basis. During the same period in the previous year, the company posted ($0.01) earnings per share. Research analysts predict that VTEX will post 0.09 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Citigroup began coverage on VTEX in a report on Thursday, December 5th. They set a “neutral” rating and a $6.70 price target on the stock. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, VTEX presently has a consensus rating of “Moderate Buy” and an average price target of $9.78.

VTEX 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.