DLocal Sees Unusually Large Options Volume (NASDAQ:DLO)

DLocal Limited (NASDAQ:DLO) saw unusually large options trading on Tuesday. Stock traders acquired 8,005 call options on the stock. This represents an increase of 85% compared to the average volume of 4,326 call options.

DLocal Stock Performance

DLO stock opened at $14.67 on Thursday. The stock’s 50 day simple moving average is $12.55 and its 200 day simple moving average is $12.99. DLocal has a fifty-two week low of $9.81 and a fifty-two week high of $16.78. The company has a market cap of $4.33 billion, a P/E ratio of 23.29 and a beta of 0.97.

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

Wall Street Analyst Weigh In

DLO has been the topic of several analyst reports. Wall Street Zen cut shares of DLocal from a “buy” rating to a “hold” rating in a research note on Monday, May 18th. 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. UBS Group upgraded DLocal from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $16.00 to $20.00 in a research report on Wednesday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of DLocal in a research note on Monday, April 20th. Finally, Truist Financial reduced 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 assigned a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Buy” and an average target price of $17.25.

Insider Activity

In other news, Director William Rodney Pruett acquired 20,000 shares of the stock in a transaction dated Friday, May 29th. The stock was bought at an average price of $11.85 per share, with a total value of $237,000.00. Following the completion of the purchase, the director directly owned 108,043 shares of the company’s stock, valued at $1,280,309.55. This represents a 22.72% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 45.44% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the company. IFP Advisors Inc bought a new stake in DLocal in the 3rd quarter worth about $26,000. Caitong International Asset Management Co. Ltd lifted its position in shares of DLocal by 114.6% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,826 shares of the company’s stock worth $26,000 after buying an additional 975 shares in the last quarter. University of Texas Texas AM Investment Management Co. purchased a new position in shares of DLocal in the 4th quarter worth approximately $40,000. Banque Cantonale Vaudoise purchased a new position in shares of DLocal in the 1st quarter worth approximately $42,000. Finally, Kestra Advisory Services LLC bought a new position in shares of DLocal in the fourth quarter valued at approximately $95,000. 90.13% of the stock is 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.