DLocal Target of Unusually High Options Trading (NASDAQ:DLO)

DLocal Limited (NASDAQ:DLO) was the target of some unusual options trading on Wednesday. Traders purchased 25,648 call options on the stock. This is an increase of 292% compared to the typical volume of 6,546 call options.

DLocal Price Performance

DLocal stock traded down $0.03 during midday trading on Wednesday, reaching $14.81. The company had a trading volume of 683,722 shares, compared to its average volume of 2,016,362. DLocal has a 12-month low of $9.81 and a 12-month high of $16.78. The company has a market capitalization of $4.37 billion, a P/E ratio of 23.49 and a beta of 0.97. The firm’s fifty day simple moving average is $12.79 and its 200-day simple moving average is $13.04.

DLocal (NASDAQ:DLO) last posted its quarterly earnings data on Thursday, May 14th. The company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.16 by $0.01. The firm had revenue of $335.86 million during the quarter, compared to the consensus estimate of $331.20 million. DLocal had a return on equity of 41.22% and a net margin of 15.85%.The firm’s revenue was up 54.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.15 EPS. On average, analysts expect that DLocal will post 0.81 EPS for the current fiscal year.

Insider Buying and Selling at DLocal

In related news, Director William Rodney Pruett bought 20,000 shares of the company’s stock in a transaction on Friday, May 29th. The shares were acquired at an average cost of $11.85 per share, for a total transaction of $237,000.00. Following the purchase, the director directly owned 108,043 shares of the company’s stock, valued at approximately $1,280,309.55. The trade was a 22.72% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Sebastian Kanovich sold 25,700 shares of DLocal stock in a transaction that occurred on Tuesday, July 7th. The shares were sold at an average price of $15.50, for a total transaction of $398,350.00. Following the transaction, the director directly owned 25,700 shares in the company, valued at approximately $398,350. The trade was a 50.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 45.44% of the company’s stock.

Institutional Trading of DLocal

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

Analyst Ratings Changes

Several analysts have recently commented on DLO shares. UBS Group raised shares of DLocal from a “neutral” rating to a “buy” rating and upped their price objective for the company from $16.00 to $20.00 in a report on Wednesday, July 1st. Weiss Ratings restated 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 report on Monday, May 18th. The Goldman Sachs Group reiterated a “buy” rating and set a $17.00 price objective on shares of DLocal in a research note on Thursday, April 30th. Finally, Truist Financial dropped their target price on DLocal from $16.00 to $15.00 and set a “buy” rating on the stock in a report on Wednesday, May 27th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, DLocal currently has an average rating of “Buy” and an average target price of $17.25.

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.