Carmo Thomaz Junior Geraldo Do Sells 4,808 Shares of VTEX (NYSE:VTEX) Stock

VTEX (NYSE:VTEX) CEO Carmo Thomaz Junior Geraldo Do sold 4,808 shares of the business’s stock in a transaction that occurred on Monday, July 20th. The shares were sold at an average price of $4.22, for a total value of $20,289.76. Following the completion of the transaction, the chief executive officer directly owned 1,252,111 shares in the company, valued at approximately $5,283,908.42. The trade was a 0.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Carmo Thomaz Junior Geraldo Do also recently made the following trade(s):

• On Monday, July 27th, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.01, for a total value of $19,280.08.
• On Monday, July 6th, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.06, for a total transaction of $19,520.48.
• On Monday, June 29th, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.04, for a total transaction of $19,424.32.
• On Friday, June 26th, Carmo Thomaz Junior Geraldo Do 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 Monday, June 1st, Carmo Thomaz Junior Geraldo Do 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 Thursday, May 7th, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.01, for a total transaction of $19,280.08.

VTEX Stock Performance

VTEX stock opened at $4.53 on Thursday. The stock has a market capitalization of $771.47 million, a PE ratio of 37.71, a price-to-earnings-growth ratio of 0.61 and a beta of 1.03. The company has a fifty day moving average of $3.88 and a 200-day moving average of $3.72. VTEX has a one year low of $2.84 and a one year high of $6.23.

VTEX (NYSE:VTEX) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.01). The firm had revenue of $60.70 million for the quarter, compared to analyst estimates of $60.65 million. VTEX had a return on equity of 9.68% and a net margin of 9.40%. Equities analysts forecast that VTEX will post 0.19 earnings per share for the current fiscal year.

Hedge Funds Weigh In On VTEX

Large investors have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in VTEX by 37.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 36,822 shares of the company’s stock worth $187,000 after buying an additional 10,110 shares in the last quarter. Goldman Sachs Group Inc. grew its position in VTEX by 61.6% during the first quarter. Goldman Sachs Group Inc. now owns 220,758 shares of the company’s stock worth $1,119,000 after buying an additional 84,189 shares during the period. Jane Street Group LLC increased its holdings in VTEX by 1,570.1% in the first quarter. Jane Street Group LLC now owns 187,146 shares of the company’s stock valued at $949,000 after buying an additional 175,940 shares in the last quarter. Geode Capital Management LLC purchased a new position in VTEX in the second quarter valued at about $4,543,000. Finally, Rhumbline Advisers acquired a new stake in shares of VTEX during the 2nd quarter valued at approximately $392,000. Hedge funds and other institutional investors own 63.69% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the company. Wall Street Zen upgraded VTEX from a “buy” rating to a “strong-buy” rating in a research report on Sunday, April 12th. UBS Group lifted their price target on VTEX from $4.00 to $4.10 and gave the company a “neutral” rating in a research note on Friday, May 8th. Finally, Weiss Ratings raised VTEX from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, July 16th. Three investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $5.18.

VTEX Company Profile

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.