DLocal (NASDAQ:DLO) Director William Rodney Pruett Purchases 20,000 Shares

DLocal Limited (NASDAQ:DLO) Director William Rodney Pruett acquired 20,000 shares of DLocal stock in a transaction that occurred on Friday, May 29th. The stock was bought at an average cost of $11.85 per share, with a total value of $237,000.00. Following the acquisition, the director directly owned 108,043 shares of the company’s stock, valued at approximately $1,280,309.55. This trade represents a 22.72% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

DLocal Stock Down 2.5%

DLocal stock traded down $0.31 during midday trading on Tuesday, hitting $11.71. The company’s stock had a trading volume of 2,564,765 shares, compared to its average volume of 2,874,793. The stock’s 50-day moving average price is $12.81 and its 200-day moving average price is $13.14. DLocal Limited has a 12 month low of $9.75 and a 12 month high of $16.78. The company has a market capitalization of $3.45 billion, a PE ratio of 18.88 and a beta of 0.99.

DLocal (NASDAQ:DLO) last issued its quarterly earnings results on Thursday, May 14th. The company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.16 by $0.01. The firm had revenue of $335.86 million for 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 for the quarter was up 54.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.15 earnings per share. As a group, equities analysts anticipate that DLocal Limited will post 0.81 EPS for the current year.

DLocal Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Wednesday, May 27th will be paid a $0.1939 dividend. The ex-dividend date of this dividend is Wednesday, May 27th. This represents a $0.78 annualized dividend and a dividend yield of 6.6%. DLocal’s payout ratio is presently 123.81%.

Analyst Ratings Changes

Several brokerages recently commented on DLO. Weiss Ratings reissued a “hold (c)” rating on shares of DLocal in a research note on Monday, April 20th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $17.00 target price on shares of DLocal in a research report on Thursday, April 30th. JPMorgan Chase & Co. decreased their target price on DLocal from $18.50 to $18.00 and set an “overweight” rating for the company in a research report on Monday, February 2nd. Wall Street Zen lowered DLocal from a “buy” rating to a “hold” rating in a report on Monday, May 18th. Finally, Truist Financial cut their price target on DLocal from $16.00 to $15.00 and set a “buy” rating for the company in a report on Wednesday, May 27th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, DLocal currently has a consensus rating of “Moderate Buy” and an average target price of $16.63.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. JPMorgan Chase & Co. raised its stake in DLocal by 2,144.7% during the third quarter. JPMorgan Chase & Co. now owns 273,400 shares of the company’s stock worth $3,904,000 after acquiring an additional 261,220 shares in the last quarter. Hussman Strategic Advisors Inc. bought a new stake in shares of DLocal during the fourth quarter worth $2,969,000. Maxi Investments CY Ltd grew its holdings in shares of DLocal by 92.0% during the fourth quarter. Maxi Investments CY Ltd now owns 167,000 shares of the company’s stock worth $2,361,000 after purchasing an additional 80,000 shares during the last quarter. Baillie Gifford & Co. grew its holdings in shares of DLocal by 12.2% during the fourth quarter. Baillie Gifford & Co. now owns 2,996,660 shares of the company’s stock worth $42,373,000 after purchasing an additional 326,537 shares during the last quarter. Finally, Paradice Investment Management LLC grew its holdings in shares of DLocal by 93.5% during the fourth quarter. Paradice Investment Management LLC now owns 1,943,360 shares of the company’s stock worth $27,479,000 after purchasing an additional 938,938 shares during the last quarter. 90.13% of the stock is currently owned by institutional investors and hedge funds.

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.