Insider Buying: DLocal (NASDAQ:DLO) Director Acquires 20,000 Shares of Stock

DLocal Limited (NASDAQ:DLO) Director William Rodney Pruett bought 20,000 shares of the firm’s stock in a transaction dated Friday, May 29th. The shares were acquired at an average price of $11.85 per share, for a total transaction 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. The trade was a 22.72% increase in their position. The purchase was disclosed in a filing with the SEC, which is available through the SEC website.

DLocal Stock Down 2.5%

DLO stock traded down $0.31 during midday trading on Tuesday, reaching $11.71. The stock had a trading volume of 2,564,765 shares, compared to its average volume of 2,874,793. The business has a fifty day simple moving average of $12.81 and a two-hundred day simple moving average of $13.14. The firm has a market cap of $3.45 billion, a price-to-earnings ratio of 18.88 and a beta of 0.99. DLocal Limited has a twelve month low of $9.75 and a twelve month high of $16.78.

DLocal (NASDAQ:DLO) last announced its quarterly earnings data on Thursday, May 14th. The company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.01. The firm had revenue of $335.86 million during the quarter, compared to analyst estimates of $331.20 million. DLocal had a return on equity of 41.22% and a net margin of 15.85%.The company’s revenue was up 54.9% on a year-over-year basis. During the same period last year, the company earned $0.15 earnings per share. On average, equities analysts predict that DLocal Limited will post 0.81 earnings per share for the current fiscal year.

DLocal Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 27th will be issued a dividend of $0.1939 per share. The ex-dividend date is Wednesday, May 27th. This represents a $0.78 dividend on an annualized basis and a yield of 6.6%. DLocal’s dividend payout ratio (DPR) is 123.81%.

Analysts Set New Price Targets

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

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Bank of America Corp DE increased its holdings in shares of DLocal by 0.3% during the 1st quarter. Bank of America Corp DE now owns 4,073,358 shares of the company’s stock worth $52,831,000 after acquiring an additional 13,536 shares during the last quarter. Parvin Asset Management LLC increased its holdings in shares of DLocal by 51.0% during the 1st quarter. Parvin Asset Management LLC now owns 7,400 shares of the company’s stock worth $96,000 after acquiring an additional 2,500 shares during the last quarter. Empowered Funds LLC bought a new stake in DLocal in the 1st quarter valued at $1,324,000. Absolute Gestao de Investimentos Ltda. bought a new stake in DLocal in the 1st quarter valued at $11,623,000. Finally, OMERS ADMINISTRATION Corp bought a new stake in DLocal in the 1st quarter valued at $348,000. Institutional investors and hedge funds own 90.13% of the company’s stock.

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.