Commonwealth of Pennsylvania Public School Empls Retrmt SYS Purchases 29,218 Shares of VTEX (NYSE:VTEX)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in shares of VTEX (NYSE:VTEX) by 120.9% in the fourth quarter, HoldingsChannel reports. The fund owned 53,389 shares of the company’s stock after buying an additional 29,218 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in VTEX were worth $314,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Quarry LP increased its position in VTEX by 105.7% in the third quarter. Quarry LP now owns 3,637 shares of the company’s stock worth $27,000 after purchasing an additional 1,869 shares during the period. Barclays PLC acquired a new stake in VTEX during the 3rd quarter worth $35,000. Bank Julius Baer & Co. Ltd Zurich bought a new stake in shares of VTEX during the 4th quarter valued at $33,000. SBI Securities Co. Ltd. acquired a new position in shares of VTEX in the 4th quarter valued at $59,000. Finally, Dynamic Technology Lab Private Ltd bought a new position in shares of VTEX in the 3rd quarter worth $134,000. Institutional investors own 63.69% of the company’s stock.

VTEX Trading Up 6.3 %

NYSE:VTEX opened at $5.17 on Friday. The stock has a market cap of $954.56 million, a price-to-earnings ratio of 86.10 and a beta of 1.41. The stock has a 50-day moving average price of $5.68 and a two-hundred day moving average price of $6.24. VTEX has a 1 year low of $4.20 and a 1 year high of $9.10.

Wall Street Analyst Weigh In

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