De Faria Mariano Gomide Sells 4,808 Shares of VTEX (NYSE:VTEX) Stock

VTEX (NYSE:VTEX) CEO De Faria Mariano Gomide sold 4,808 shares of the business’s stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $4.06, for a total transaction of $19,520.48. Following the completion of the sale, the chief executive officer directly owned 1,057,969 shares in the company, valued at $4,295,354.14. This trade represents a 0.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

De Faria Mariano Gomide also recently made the following trade(s):

• On Monday, June 29th, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.04, for a total transaction of $19,424.32.
• On Friday, June 26th, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.00, for a total transaction of $19,232.00.
• On Monday, June 1st, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.00, for a total transaction of $19,232.00.
• On Thursday, May 7th, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.01, for a total value of $19,280.08.
• On Monday, April 27th, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.01, for a total value of $19,280.08.
• On Monday, April 20th, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.16, for a total value of $20,001.28.
• On Monday, April 13th, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.03, for a total value of $19,376.24.

VTEX Trading Up 0.9%

Shares of NYSE VTEX opened at $3.98 on Friday. VTEX has a twelve month low of $2.84 and a twelve month high of $6.82. The stock has a fifty day simple moving average of $3.74 and a 200-day simple moving average of $3.67. The stock has a market capitalization of $677.70 million, a PE ratio of 33.12, a PEG ratio of 0.55 and a beta of 1.03.

VTEX (NYSE:VTEX) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.01). VTEX had a net margin of 9.40% and a return on equity of 9.68%. The firm had revenue of $60.70 million during the quarter, compared to analysts’ expectations of $60.65 million. On average, equities analysts predict that VTEX will post 0.19 earnings per share for the current year.

Institutional Trading of VTEX

Institutional investors have recently modified their holdings of the stock. Polar Capital Holdings Plc boosted its holdings in shares of VTEX by 11.9% in the 3rd quarter. Polar Capital Holdings Plc now owns 7,034,043 shares of the company’s stock valued at $30,809,000 after buying an additional 748,712 shares in the last quarter. Millennium Management LLC lifted its position in VTEX by 36.6% in the fourth quarter. Millennium Management LLC now owns 2,091,811 shares of the company’s stock valued at $7,865,000 after acquiring an additional 560,828 shares during the last quarter. State Street Corp boosted its stake in VTEX by 7.7% in the fourth quarter. State Street Corp now owns 1,590,672 shares of the company’s stock valued at $5,981,000 after acquiring an additional 114,256 shares in the last quarter. Citadel Advisors LLC grew its holdings in shares of VTEX by 524.5% during the third quarter. Citadel Advisors LLC now owns 1,012,225 shares of the company’s stock worth $4,434,000 after purchasing an additional 850,132 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. acquired a new stake in shares of VTEX during the third quarter worth about $4,412,000. Hedge funds and other institutional investors own 63.69% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently issued reports on VTEX shares. Weiss Ratings raised shares of VTEX from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, May 21st. Wall Street Zen upgraded shares of VTEX from a “buy” rating to a “strong-buy” rating in a report on Sunday, April 12th. Finally, UBS Group upped their target price on shares of VTEX from $4.00 to $4.10 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $5.18.

About VTEX

VTEX is a global commerce platform provider that offers a full suite of software-as-a-service (SaaS) solutions designed to power online retail and marketplace operations. Its cloud-native platform combines e-commerce, order management and marketplace capabilities in a single environment, enabling brands and retailers to launch and scale digital commerce initiatives without the need for extensive in-house infrastructure. The company’s API-first architecture and microservices design support headless implementations, allowing businesses to integrate front-end experiences, third-party applications and custom modules with minimal development overhead.

Founded in 1999 and headquartered in São Paulo, Brazil, VTEX has expanded its reach to serve customers across Latin America, North America, Europe and Asia-Pacific.