Investors Buy High Volume of DLocal Call Options (NASDAQ:DLO)

DLocal Limited (NASDAQ:DLOGet Free Report) was the target of unusually large options trading activity on Tuesday. Stock traders bought 8,005 call options on the company. This is an increase of 85% compared to the typical daily volume of 4,326 call options.

Insider Buying and Selling

In other news, Director William Rodney Pruett bought 20,000 shares of the company’s stock in a transaction dated Friday, May 29th. The stock was bought at an average cost of $11.85 per share, for a total transaction of $237,000.00. Following the transaction, the director owned 108,043 shares of the company’s stock, valued at $1,280,309.55. This represents a 22.72% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 45.44% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On DLocal

A number of institutional investors have recently bought and sold shares of the business. Bank of America Corp DE boosted its stake in DLocal by 0.3% during the first quarter. Bank of America Corp DE now owns 4,073,358 shares of the company’s stock valued at $52,831,000 after buying an additional 13,536 shares during the last quarter. Parvin Asset Management LLC increased its holdings in DLocal by 51.0% during the 1st quarter. Parvin Asset Management LLC now owns 7,400 shares of the company’s stock worth $96,000 after purchasing an additional 2,500 shares during the period. Empowered Funds LLC bought a new stake in shares of DLocal in the 1st quarter valued at about $1,324,000. Absolute Gestao de Investimentos Ltda. bought a new position in shares of DLocal in the 1st quarter worth $11,623,000. Finally, OMERS ADMINISTRATION Corp purchased a new stake in shares of DLocal during the first quarter valued at about $348,000. Hedge funds and other institutional investors own 90.13% of the company’s stock.

Analyst Upgrades and Downgrades

DLO has been the subject of several recent research reports. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $17.00 price objective on shares of DLocal in a research note on Thursday, April 30th. Truist Financial lowered their target price on DLocal from $16.00 to $15.00 and set a “buy” rating on the stock in a research note on Wednesday, May 27th. Wall Street Zen lowered DLocal from a “buy” rating to a “hold” rating in a report on Monday, May 18th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of DLocal in a report on Monday, April 20th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, DLocal presently has a consensus rating of “Moderate Buy” and an average target price of $16.62.

Check Out Our Latest Stock Report on DLocal

DLocal Price Performance

DLO stock traded down $0.09 during trading on Tuesday, reaching $12.76. The company had a trading volume of 235,098 shares, compared to its average volume of 1,890,835. DLocal has a 52 week low of $9.81 and a 52 week high of $16.78. The business has a 50 day moving average of $12.54 and a 200 day moving average of $13.00. The company has a market cap of $3.76 billion, a P/E ratio of 20.30 and a beta of 0.99.

DLocal (NASDAQ:DLOGet Free Report) last issued its quarterly earnings results on Thursday, May 14th. The company reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.01. The company had revenue of $335.86 million during the quarter, compared to analysts’ expectations of $331.20 million. DLocal had a net margin of 15.85% and a return on equity of 41.22%. DLocal’s revenue was up 54.9% on a year-over-year basis. During the same period last year, the company posted $0.15 EPS. Research analysts expect that DLocal will post 0.81 earnings per share for the current year.

DLocal Company Profile

(Get Free Report)

dLocal is a fintech company specializing in cross-border payments and payouts for global merchants operating in emerging markets. Headquartered in Montevideo, Uruguay, the company offers a technology platform that simplifies complex payment flows, enabling businesses to connect with local payment methods through a single integration.

The dLocal platform supports a wide range of local payment options, including credit and debit cards, bank transfers, e-wallets and cash-based methods. It incorporates risk-management tools, compliance services and anti-fraud solutions to help clients navigate regulatory requirements and minimize payment failures across diverse jurisdictions.

dLocal serves merchants in sectors such as e-commerce, online marketplaces, digital content and gig economy platforms.

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