Artisan Partners Limited Partnership Has $8.62 Million Stock Position in VTEX (NYSE:VTEX)

Artisan Partners Limited Partnership boosted its stake in shares of VTEX (NYSE:VTEX) by 7.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,463,925 shares of the company’s stock after purchasing an additional 106,920 shares during the period. Artisan Partners Limited Partnership owned 0.80% of VTEX worth $8,623,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of VTEX. Quarry LP boosted its holdings in shares of VTEX by 105.7% in the 3rd quarter. Quarry LP now owns 3,637 shares of the company’s stock valued at $27,000 after buying an additional 1,869 shares during the last quarter. Barclays PLC bought a new stake in VTEX during the third quarter worth $35,000. Bank Julius Baer & Co. Ltd Zurich acquired a new stake in VTEX in the fourth quarter valued at $33,000. SBI Securities Co. Ltd. bought a new position in shares of VTEX in the 4th quarter valued at about $59,000. Finally, New York State Common Retirement Fund increased its stake in shares of VTEX by 16.8% during 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 currently owned by institutional investors.

VTEX Stock Performance

Shares of VTEX opened at $5.12 on Friday. The firm has a market cap of $945.32 million, a P/E ratio of 85.26 and a beta of 1.41. VTEX has a 52 week low of $4.20 and a 52 week high of $9.10. The firm’s 50-day simple moving average is $5.66 and its 200 day simple moving average is $6.23.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on VTEX. JPMorgan Chase & Co. cut 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. UBS Group reduced their target price on VTEX from $12.50 to $11.00 and set a “buy” rating for the company in a research note on Friday, December 20th. Finally, Citigroup assumed coverage on VTEX in a report on Thursday, December 5th. They set a “neutral” rating and a $6.70 target price on the stock.

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.