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

VTEX (NYSE:VTEX) CEO Geraldo Thomaz sold 4,808 shares of the stock in a transaction that occurred on Monday, November 2nd. The stock was sold at an average price of $4.00, for a total value of $19,232.00. Following the sale, the chief executive officer directly owned 1,122,009 shares of the company’s stock, valued at $4,488,036. The trade was a 0.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

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

• On Monday, October 26th, Geraldo Thomaz sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.03, for a total value of $19,376.24.
• On Monday, October 19th, Geraldo Thomaz sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.09, for a total value of $19,664.72.
• On Monday, October 12th, Geraldo Thomaz sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.00, for a total value of $19,232.00.
• On Monday, August 10th, Geraldo Thomaz sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.05, for a total value of $19,472.40.

VTEX Price Performance

Shares of NYSE VTEX opened at $3.96 on Wednesday. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.91 and a quick ratio of 2.91. The stock has a fifty day moving average price of $3.79 and a 200 day moving average price of $3.76. VTEX has a 1-year low of $2.84 and a 1-year high of $4.60. The company has a market cap of $675.99 million, a PE ratio of 24.78, a P/E/G ratio of 0.54 and a beta of 1.05.

VTEX (NYSE:VTEX) last announced its quarterly earnings data on Friday, August 7th. The company reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.01. The company had revenue of $64.39 million for the quarter, compared to analysts’ expectations of $64.69 million. VTEX had a net margin of 11.98% and a return on equity of 12.98%. Sell-side analysts forecast that VTEX will post 0.21 EPS for the current year.

Institutional Investors Weigh In On VTEX

A number of hedge funds and other institutional investors have recently bought and sold shares of VTEX. Ashton Thomas Private Wealth LLC acquired a new position in shares of VTEX during the 3rd quarter worth $38,000. Kapitalo Investimentos Ltda purchased a new position in shares of VTEX in the 3rd quarter valued at about $36,000. Corient Private Wealth LP purchased a new position in shares of VTEX in the 2nd quarter valued at about $58,000. AXQ Capital LP acquired a new stake in shares of VTEX in the second quarter valued at about $47,000. Finally, Public Employees Retirement System of Ohio acquired a new stake in shares of VTEX in the second quarter valued at about $67,000. Institutional investors and hedge funds own 63.69% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on VTEX. Wall Street Zen lowered shares of VTEX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, October 11th. Bradesco Corretora downgraded shares of VTEX to a “neutral” rating and set a $4.50 price objective for the company. in a research report on Friday, August 7th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of VTEX in a report on Thursday, October 29th. Itau BBA Securities lowered VTEX from an “outperform” rating to a “market perform” rating and set a $4.50 price objective on the stock. in a report on Tuesday, August 25th. Finally, Morgan Stanley cut VTEX from an “overweight” rating to an “equal weight” rating and set a $4.00 target price on the stock. in a research report on Friday, August 28th. Two research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $4.60.

VTEX Company Profile

VTEX (NYSE: VTEX) is a global digital commerce technology company that provides software for businesses to create, operate and expand online sales channels. Its platform supports business-to-consumer, business-to-business and marketplace commerce, helping companies manage digital storefronts, catalogs, pricing, promotions, payments and customer experiences.

The company’s offerings include commerce management, an order management system, marketplace capabilities and tools designed to support headless and omnichannel retail strategies.