Sebastian Kanovich, a director at Dlocal Ltd, sold 1,000,000 Class A Common Shares on July 1, 2026. The transaction executed at a price of $14.63 per share. Kanovich used a pre-arranged Rule 10b5-1 trading plan adopted in November 2025. The sale involved the conversion of Class B shares, and the director still holds a substantial number of convertible Class B shares.
UBS recently upgraded Dlocal to Buy from Neutral. The firm raised its price target for the stock to $20.00. Analysts cited a strong growth trajectory and the potential for a market re-rating as drivers for the upgrade.
Dlocal shares surged nearly 13% during the previous trading session. This price increase occurred on high trading volume.