VTEX (NYSE:VTEX) Stock: Insider Andre Spolidoro Ferreira Gomes Sells 20,804 Shares

VTEX (NYSE:VTEX) insider André Spolidoro sold 20,804 shares of the business’s stock in a transaction dated Monday, November 9th. The stock was sold at an average price of $3.93, for a total transaction of $81,759.72. Following the sale, the insider directly owned 282,027 shares of the company’s stock, valued at $1,108,366.11. This represents a 6.87% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Andre Spolidoro Ferreira Gomes also recently made the following trade(s):

• On Friday, October 16th, André Spolidoro sold 3,000 shares of VTEX stock. The stock was sold at an average price of $4.19, for a total transaction of $12,570.00.
• On Monday, August 17th, André Spolidoro sold 3,000 shares of VTEX stock. The shares were sold at an average price of $3.57, for a total transaction of $10,710.00.

VTEX Trading Down 0.1%

Shares of VTEX stock opened at $3.90 on Thursday. The company has a current ratio of 2.78, a quick ratio of 2.78 and a debt-to-equity ratio of 0.04. VTEX has a twelve month low of $2.84 and a twelve month high of $4.60. The firm has a market capitalization of $664.04 million, a PE ratio of 25.97, a P/E/G ratio of 0.59 and a beta of 1.05. The firm’s 50-day moving average price is $3.84 and its 200 day moving average price is $3.78.

VTEX (NYSE:VTEX) last posted its quarterly earnings data on Thursday, November 5th. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.05 by ($0.03). VTEX had a return on equity of 11.82% and a net margin of 10.48%. The firm had revenue of $63.38 million for the quarter, compared to analysts’ expectations of $63.19 million. On average, sell-side analysts predict that VTEX will post 0.19 EPS for the current fiscal year.

Hedge Funds Weigh In On VTEX

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

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on VTEX. Bradesco Corretora lowered VTEX to a “neutral” rating and set a $4.50 price target on the stock. in a research note on Friday, August 7th. Weiss Ratings reissued a “hold (c-)” rating on shares of VTEX in a research note on Thursday, October 29th. Morgan Stanley lowered VTEX from an “overweight” rating to an “equal weight” rating and set a $4.00 price objective on the stock. in a report on Friday, August 28th. Jefferies Financial Group restated a “buy” rating and issued a $5.10 price objective on shares of VTEX in a report on Thursday, August 27th. Finally, Wall Street Zen cut shares of VTEX from a “buy” rating to a “hold” rating in a research note on Saturday, November 7th. Two equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $4.53.

VTEX Company Profile

VTEX is a cloud-based commerce technology company that provides a digital commerce platform for retailers, brands and other businesses. Its software supports online stores and helps companies manage digital sales across multiple channels. The platform combines storefront tools with capabilities for order management, marketplace operations, payments and integrations with other business systems. VTEX’s services are designed to help companies build and manage customer-facing commerce experiences while coordinating orders and operations behind the scenes.