87,000 Shares in DLocal Limited $DLO Acquired by Maxi Investments CY Ltd

Maxi Investments CY Ltd purchased a new stake in DLocal Limited (NASDAQ:DLO) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 87,000 shares of the company’s stock, valued at approximately $1,242,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in DLO. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in shares of DLocal by 3.5% during the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 24,793 shares of the company’s stock worth $354,000 after buying an additional 837 shares during the last quarter. Geode Capital Management LLC grew its position in shares of DLocal by 0.8% in the 2nd quarter. Geode Capital Management LLC now owns 142,677 shares of the company’s stock valued at $1,618,000 after buying an additional 1,130 shares during the last quarter. Empowered Funds LLC raised its stake in DLocal by 2.7% during the 1st quarter. Empowered Funds LLC now owns 48,688 shares of the company’s stock worth $406,000 after acquiring an additional 1,281 shares in the last quarter. Osaic Holdings Inc. raised its stake in DLocal by 17.1% during the 2nd quarter. Osaic Holdings Inc. now owns 9,108 shares of the company’s stock worth $103,000 after acquiring an additional 1,329 shares in the last quarter. Finally, Global Retirement Partners LLC purchased a new stake in DLocal in the third quarter valued at $29,000. Institutional investors and hedge funds own 90.13% of the company’s stock.

DLocal Stock Up 0.3%

Shares of NASDAQ:DLO opened at $11.37 on Tuesday. DLocal Limited has a 1-year low of $7.61 and a 1-year high of $16.78. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.46 and a quick ratio of 1.46. The stock has a market cap of $3.55 billion, a P/E ratio of 20.30 and a beta of 1.14. The firm has a fifty day moving average price of $13.11 and a 200 day moving average price of $13.77.

Analyst Ratings Changes

DLO has been the subject of several research analyst reports. Itau BBA Securities assumed coverage on shares of DLocal in a research note on Wednesday, December 17th. They issued an “outperform” rating and a $21.00 price objective for the company. JPMorgan Chase & Co. reduced their target price on DLocal from $18.50 to $18.00 and set an “overweight” rating for the company in a report on Monday, February 2nd. Truist Financial set a $17.00 target price on DLocal in a research report on Tuesday, January 20th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of DLocal in a research note on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $17.22.

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.