Empowered Funds LLC Buys Shares of 102,072 DLocal Limited $DLO

Empowered Funds LLC bought a new position in DLocal Limited (NASDAQ:DLO) in the first quarter, Holdings Channel reports. The institutional investor bought 102,072 shares of the company’s stock, valued at approximately $1,324,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Caitong International Asset Management Co. Ltd raised its holdings in shares of DLocal by 114.6% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,826 shares of the company’s stock worth $26,000 after acquiring an additional 975 shares during the period. IFP Advisors Inc purchased a new stake in shares of DLocal in the third quarter valued at about $26,000. University of Texas Texas AM Investment Management Co. purchased a new stake in shares of DLocal in the fourth quarter valued at about $40,000. Banque Cantonale Vaudoise acquired a new stake in DLocal during the first quarter worth about $42,000. Finally, Kestra Advisory Services LLC acquired a new stake in DLocal during the fourth quarter worth about $95,000. 90.13% of the stock is owned by institutional investors and hedge funds.

DLocal Trading Down 2.5%

NASDAQ DLO opened at $14.40 on Friday. The stock has a fifty day simple moving average of $13.67 and a 200-day simple moving average of $13.09. The stock has a market cap of $4.25 billion, a PE ratio of 22.86 and a beta of 0.97. DLocal Limited has a twelve month low of $10.52 and a twelve month high of $16.78.

DLocal (NASDAQ:DLO) last issued its quarterly earnings data on Thursday, May 14th. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.01. DLocal had a net margin of 15.85% and a return on equity of 41.22%. The firm had revenue of $335.86 million for the quarter, compared to analyst estimates of $331.20 million. During the same period in the previous year, the firm earned $0.15 EPS. DLocal’s revenue was up 54.9% on a year-over-year basis. Research analysts predict that DLocal Limited will post 0.82 EPS for the current year.

Analysts Set New Price Targets

DLO has been the topic of a number of analyst reports. The Goldman Sachs Group lifted their target price on shares of DLocal from $17.00 to $19.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Truist Financial increased their price target on shares of DLocal from $15.00 to $17.00 and gave the company a “buy” rating in a research note on Friday, July 24th. UBS Group upgraded shares of DLocal from a “neutral” rating to a “buy” rating and raised their price target for the stock from $16.00 to $20.00 in a report on Wednesday, July 1st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of DLocal in a research report on Friday, July 17th. Finally, Wall Street Zen cut DLocal from a “buy” rating to a “hold” rating in a report on Monday, May 18th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $17.75.

Insider Buying and Selling

In other news, Director Sebastian Kanovich sold 25,700 shares of the business’s stock in a transaction that occurred on Tuesday, July 7th. The shares were sold at an average price of $15.50, for a total value of $398,350.00. Following the sale, the director directly owned 25,700 shares of the company’s stock, valued at approximately $398,350. The trade was a 50.00% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director William Rodney Pruett acquired 20,000 shares of the firm’s stock in a transaction dated Friday, May 29th. The stock was bought at an average price of $11.85 per share, for a total transaction of $237,000.00. Following the completion of the acquisition, the director owned 108,043 shares in the company, valued at approximately $1,280,309.55. The trade was a 22.72% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 45.44% of the stock is currently owned by insiders.

About DLocal

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.