Boston Partners Sells 104,332 Shares of VTEX (NYSE:VTEX)

Boston Partners decreased its holdings in shares of VTEX (NYSE:VTEX) by 70.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 43,335 shares of the company’s stock after selling 104,332 shares during the period. Boston Partners’ holdings in VTEX were worth $255,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Quarry LP lifted its position in shares of VTEX by 105.7% during the 3rd 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 period. Barclays PLC acquired a new position in VTEX during the third quarter worth $35,000. Bank Julius Baer & Co. Ltd Zurich bought a new position in shares of VTEX during the fourth quarter valued at $33,000. SBI Securities Co. Ltd. bought a new stake in shares of VTEX in the 4th quarter worth about $59,000. Finally, New York State Common Retirement Fund grew its holdings in shares of VTEX by 16.8% in the 4th quarter. New York State Common Retirement Fund now owns 104,151 shares of the company’s stock worth $613,000 after purchasing an additional 14,986 shares during the last quarter. 63.69% of the stock is owned by institutional investors and hedge funds.

VTEX Stock Performance

NYSE VTEX opened at $4.83 on Monday. The stock has a market capitalization of $891.73 million, a P/E ratio of 80.43 and a beta of 1.41. VTEX has a 52 week low of $4.20 and a 52 week high of $9.10. The stock has a fifty day moving average of $5.76 and a 200-day moving average of $6.28.

Wall Street Analyst Weigh In

A number of equities analysts have commented on VTEX shares. Citigroup assumed coverage on shares of VTEX in a research report on Thursday, December 5th. They issued a “neutral” rating and a $6.70 price target on the stock. UBS Group lowered their price objective on shares of VTEX from $12.50 to $11.00 and set a “buy” rating for the company in a research report on Friday, December 20th. Finally, JPMorgan Chase & Co. dropped their target price on shares of VTEX from $9.50 to $9.00 and set an “overweight” rating for the company in a research note on Friday, January 10th.

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.