DLocal Sees Unusually Large Options Volume (NASDAQ:DLO)

DLocal Limited (NASDAQ:DLO) was the target of some unusual options trading on Tuesday. Stock traders acquired 8,005 call options on the stock. This represents an increase of approximately 85% compared to the average volume of 4,326 call options.

Wall Street Analysts Forecast Growth

DLO has been the topic of a number of research reports. UBS Group raised shares of DLocal from a “neutral” rating to a “buy” rating in a research note on Wednesday. The Goldman Sachs Group restated a “buy” rating and set a $17.00 price objective on shares of DLocal in a report on Thursday, April 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of DLocal in a research report on Monday, April 20th. Wall Street Zen lowered shares of DLocal from a “buy” rating to a “hold” rating in a research note on Monday, May 18th. Finally, Truist Financial reduced their target price on shares of DLocal from $16.00 to $15.00 and set a “buy” rating for the company in a research note on Wednesday, May 27th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, DLocal currently has an average rating of “Buy” and a consensus target price of $16.62.

Insider Activity

In other DLocal news, Director William Rodney Pruett acquired 20,000 shares of the firm’s stock in a transaction that occurred on Friday, May 29th. The stock was acquired 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 trade represents a 22.72% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 45.44% of the company’s stock.

Institutional Investors Weigh In On DLocal

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Caitong International Asset Management Co. Ltd lifted its position in 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 buying an additional 975 shares in the last quarter. IFP Advisors Inc bought a new position in shares of DLocal in the 3rd quarter valued at about $26,000. University of Texas Texas AM Investment Management Co. acquired a new stake in shares of DLocal in the fourth quarter valued at about $40,000. Banque Cantonale Vaudoise acquired a new stake in shares of DLocal in the first quarter valued at about $42,000. Finally, Kestra Advisory Services LLC acquired a new stake in shares of DLocal in the fourth quarter valued at about $95,000. 90.13% of the stock is currently owned by institutional investors and hedge funds.

DLocal Stock Up 1.1%

NASDAQ:DLO opened at $12.99 on Wednesday. DLocal has a twelve month low of $9.81 and a twelve month high of $16.78. The business has a 50 day moving average price of $12.53 and a two-hundred day moving average price of $12.99. The company has a market cap of $3.83 billion, a P/E ratio of 20.62 and a beta of 0.99.

DLocal (NASDAQ:DLO) last posted its quarterly earnings data 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 for the quarter, compared to the consensus estimate of $331.20 million. DLocal had a net margin of 15.85% and a return on equity of 41.22%. The firm’s revenue was up 54.9% compared to the same quarter last year. During the same period last year, the company earned $0.15 earnings per share. As a group, analysts anticipate that DLocal will post 0.81 earnings per share for the current fiscal year.

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.