Investors Purchase Large Volume of DLocal Call Options (NASDAQ:DLO)

DLocal Limited (NASDAQ:DLO) saw unusually large options trading activity on Tuesday. Traders purchased 42,474 call options on the company. This is an increase of 480% compared to the average daily volume of 7,328 call options.

DLocal Stock Up 2.2%

DLO stock traded up $0.32 on Tuesday, reaching $15.09. 1,215,796 shares of the company traded hands, compared to its average volume of 1,230,363. The firm has a fifty day simple moving average of $13.86 and a 200-day simple moving average of $13.31. The company has a market cap of $4.72 billion, a P/E ratio of 26.91 and a beta of 1.13. DLocal has a one year low of $7.61 and a one 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.

DLocal (NASDAQ:DLO) last released its earnings results on Thursday, October 30th. The company reported $0.17 EPS for the quarter. DLocal had a return on equity of 37.66% and a net margin of 17.80%.The business had revenue of $282.48 million for the quarter. Research analysts anticipate that DLocal will post 0.47 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the company. Truist Financial set a $16.00 target price on DLocal and gave the stock a “buy” rating in a research report on Thursday, December 11th. UBS Group lifted their price objective on DLocal from $10.00 to $15.00 and gave the stock a “neutral” rating in a research report on Monday, October 20th. Itau BBA Securities initiated coverage on DLocal in a research report on Wednesday, December 17th. They set an “outperform” rating and a $21.00 price objective on the stock. Citigroup increased their target price on DLocal from $14.60 to $17.00 and gave the stock a “buy” rating in a research report on Tuesday, September 16th. Finally, The Goldman Sachs Group set a $19.00 price target on DLocal and gave the company a “buy” rating in a research report on Tuesday, October 14th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $16.30.

Institutional Trading of DLocal

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Marshall Wace LLP increased its position in shares of DLocal by 64.0% during the second quarter. Marshall Wace LLP now owns 2,683,988 shares of the company’s stock valued at $30,436,000 after acquiring an additional 1,047,692 shares in the last quarter. Paradice Investment Management LLC purchased a new position in shares of DLocal in the third quarter worth $14,343,000. Two Sigma Investments LP raised its stake in shares of DLocal by 131.6% in the third quarter. Two Sigma Investments LP now owns 1,732,140 shares of the company’s stock worth $24,735,000 after purchasing an additional 984,341 shares during the last quarter. Holocene Advisors LP lifted its holdings in shares of DLocal by 174.4% during the third quarter. Holocene Advisors LP now owns 1,349,365 shares of the company’s stock valued at $19,269,000 after purchasing an additional 857,685 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its position in shares of DLocal by 103.5% during the third quarter. Ameriprise Financial Inc. now owns 1,147,776 shares of the company’s stock valued at $16,390,000 after buying an additional 583,786 shares during the last quarter. 90.13% of the stock is currently owned by institutional investors.

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.