Stock Traders Buy Large Volume of DLocal Call Options (NASDAQ:DLO)

DLocal Limited (NASDAQ:DLO) was the recipient of unusually large options trading activity on Thursday. Traders bought 21,694 call options on the company. This is an increase of approximately 219% compared to the typical volume of 6,804 call options.

Analysts Set New Price Targets

A number of equities analysts have issued reports on DLO shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of DLocal in a report on Friday, July 17th. UBS Group raised DLocal from a “neutral” rating to a “buy” rating and lifted their price target for the company from $16.00 to $20.00 in a research note on Wednesday, July 1st. The Goldman Sachs Group upped their price objective on DLocal from $17.00 to $19.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Truist Financial lifted their target price on shares of DLocal from $15.00 to $17.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. Finally, Wall Street Zen lowered shares of DLocal from a “buy” rating to a “hold” rating in a report on Monday, May 18th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $17.75.

DLocal Trading Up 3.0%

NASDAQ:DLO traded up $0.43 during trading hours on Thursday, hitting $14.71. 2,191,306 shares of the company were exchanged, compared to its average volume of 1,977,912. The stock has a market capitalization of $4.34 billion, a price-to-earnings ratio of 23.29 and a beta of 0.97. DLocal has a one year low of $10.64 and a one year high of $16.78. The company has a fifty day simple moving average of $13.82 and a 200 day simple moving average of $13.10.

DLocal (NASDAQ:DLO) last issued its quarterly earnings results on Thursday, May 14th. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.01. The company had revenue of $335.86 million during the quarter, compared to analysts’ expectations of $331.20 million. DLocal had a return on equity of 41.22% and a net margin of 15.85%.The business’s quarterly revenue was up 54.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.15 earnings per share. Equities research analysts predict that DLocal will post 0.82 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Sebastian Kanovich sold 72,753 shares of DLocal stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $15.54, for a total transaction of $1,130,581.62. Following the sale, the director directly owned 4,700 shares of the company’s stock, valued at approximately $73,038. The trade was a 93.93% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director William Rodney Pruett purchased 20,000 shares of the firm’s stock in a transaction that occurred on Friday, May 29th. The shares were bought at an average cost of $11.85 per share, for a total transaction of $237,000.00. Following the completion of the acquisition, the director directly owned 108,043 shares in the company, valued at $1,280,309.55. The trade was a 22.72% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders sold 1,103,153 shares of company stock worth $16,231,782. 45.44% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in DLO. Caitong International Asset Management Co. Ltd boosted its holdings in DLocal by 114.6% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,826 shares of the company’s stock worth $26,000 after purchasing an additional 975 shares during the last quarter. Geode Capital Management LLC grew its holdings in DLocal by 0.8% during the second quarter. Geode Capital Management LLC now owns 142,677 shares of the company’s stock valued at $1,618,000 after purchasing an additional 1,130 shares during the period. Empowered Funds LLC increased its position in DLocal by 2.7% in the first quarter. Empowered Funds LLC now owns 48,688 shares of the company’s stock worth $406,000 after buying an additional 1,281 shares during the last quarter. Osaic Holdings Inc. raised its stake in shares of DLocal by 17.1% in the second quarter. Osaic Holdings Inc. now owns 9,108 shares of the company’s stock valued at $103,000 after buying an additional 1,329 shares during the period. Finally, Lane Generational LLC lifted its position in shares of DLocal by 0.4% during the 4th quarter. Lane Generational LLC now owns 507,257 shares of the company’s stock valued at $7,173,000 after buying an additional 1,811 shares during the last quarter. Institutional investors own 90.13% of the company’s stock.

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.