Bond Capital Management LP Buys New Position in DLocal Limited $DLO

Bond Capital Management LP bought a new stake in DLocal Limited (NASDAQ:DLO) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 927,500 shares of the company’s stock, valued at approximately $12,048,000. DLocal comprises approximately 3.9% of Bond Capital Management LP’s portfolio, making the stock its 5th biggest holding.

Several other hedge funds have also made changes to their positions in the business. IFP Advisors Inc purchased a new stake in DLocal during the 3rd quarter worth approximately $26,000. Caitong International Asset Management Co. Ltd boosted its position in DLocal by 114.6% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,826 shares of the company’s stock valued at $26,000 after buying an additional 975 shares during the period. University of Texas Texas AM Investment Management Co. purchased a new stake in shares of DLocal during the fourth quarter worth $40,000. Banque Cantonale Vaudoise purchased a new position in DLocal in the first quarter valued at $42,000. Finally, Kestra Advisory Services LLC purchased a new position in DLocal in the fourth quarter valued at $95,000. Institutional investors and hedge funds own 90.13% of the company’s stock.

Insider Activity at DLocal

In related news, Director William Rodney Pruett bought 20,000 shares of the company’s stock in a transaction that occurred on Friday, May 29th. The shares were purchased at an average cost of $11.85 per share, with a total value of $237,000.00. Following the transaction, the director directly owned 108,043 shares of the company’s stock, valued at approximately $1,280,309.55. This represents a 22.72% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Sebastian Kanovich sold 1,000,000 shares of DLocal stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $14.63, for a total transaction of $14,630,000.00. Following the sale, the director owned 1,000,000 shares in the company, valued at $14,630,000. This represents a 50.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,103,153 shares of company stock worth $16,231,782 over the last quarter. 45.44% of the stock is currently owned by insiders.

DLocal Stock Performance

DLO opened at $15.53 on Wednesday. DLocal Limited has a one year low of $10.64 and a one year high of $16.78. The company has a market cap of $4.58 billion, a P/E ratio of 23.18 and a beta of 0.97. The business’s 50-day simple moving average is $14.28 and its 200-day simple moving average is $13.14.

DLocal (NASDAQ:DLO) last issued its earnings results on Friday, August 14th. The company reported $0.18 earnings per share for the quarter, hitting the consensus estimate of $0.18. The business had revenue of $399.66 million for the quarter, compared to analyst estimates of $366.77 million. DLocal had a return on equity of 41.64% and a net margin of 15.04%.The business’s quarterly revenue was up 55.9% on a year-over-year basis. During the same quarter last year, the company earned $0.14 EPS. As a group, analysts predict that DLocal Limited will post 0.82 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have issued reports on DLO. The Goldman Sachs Group increased their price target on DLocal from $17.00 to $19.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Weiss Ratings upgraded shares of DLocal from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, August 17th. UBS Group upgraded shares of DLocal from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $16.00 to $20.00 in a research note on Wednesday, July 1st. Truist Financial boosted their price target on shares of DLocal from $15.00 to $17.00 and gave the stock a “buy” rating in a report on Friday, July 24th. Finally, Wall Street Zen downgraded shares of DLocal from a “buy” rating to a “hold” rating in a research report on Monday, May 18th. Six research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, DLocal presently has an average rating of “Moderate Buy” and a consensus price target of $18.67.

DLocal Company Profile

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.