VTEX (NYSE:VTEX) CEO Sells $19,520.48 in Stock

VTEX (NYSE:VTEX) CEO Carmo Thomaz Junior Geraldo Do sold 4,808 shares of the firm’s stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $4.06, for a total value of $19,520.48. Following the completion of the sale, the chief executive officer directly owned 1,261,727 shares of the company’s stock, valued at approximately $5,122,611.62. This represents a 0.38% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link.

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

• 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 stock was 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.
• On Monday, April 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 transaction of $19,280.08.
• On Monday, April 20th, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.16, for a total value of $20,001.28.
• On Monday, April 13th, Carmo Thomaz Junior Geraldo Do 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 Price Performance

VTEX traded down $0.12 on Wednesday, reaching $4.00. 101,308 shares of the stock were exchanged, compared to its average volume of 1,350,580. The company’s 50-day moving average price is $3.74 and its 200 day moving average price is $3.67. The firm has a market capitalization of $681.11 million, a PE ratio of 33.29, a PEG ratio of 0.57 and a beta of 1.03. VTEX has a fifty-two week low of $2.84 and a fifty-two week high of $6.82.

VTEX (NYSE:VTEX) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates 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 analyst estimates of $60.65 million. As a group, equities analysts forecast that VTEX will post 0.19 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on VTEX. UBS Group raised their target price on shares of VTEX from $4.00 to $4.10 and gave the stock a “neutral” rating in a report on Friday, May 8th. Weiss Ratings upgraded VTEX from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, May 21st. Brean Capital upgraded VTEX from a “hold” rating to a “buy” rating and set a $5.00 target price on the stock in a research note on Wednesday, March 11th. Finally, Wall Street Zen raised VTEX from a “buy” rating to a “strong-buy” rating in a report on Sunday, April 12th. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $5.18.

Institutional Investors Weigh In On VTEX

Institutional investors have recently modified their holdings of the business. Price T Rowe Associates Inc. MD increased its stake in shares of VTEX by 11.7% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 32,306 shares of the company’s stock valued at $122,000 after purchasing an additional 3,389 shares in the last quarter. Van ECK Associates Corp raised its stake in shares of VTEX by 18.5% during the 3rd quarter. Van ECK Associates Corp now owns 30,759 shares of the company’s stock worth $135,000 after buying an additional 4,802 shares during the period. Barclays PLC lifted its position in shares of VTEX by 6.3% during the 4th quarter. Barclays PLC now owns 87,792 shares of the company’s stock valued at $330,000 after buying an additional 5,169 shares in the last quarter. Summit Securities Group LLC purchased a new position in shares of VTEX during the 1st quarter valued at approximately $29,000. Finally, MQS Management LLC grew its stake in VTEX by 59.0% in the 4th quarter. MQS Management LLC now owns 23,512 shares of the company’s stock valued at $88,000 after acquiring an additional 8,722 shares during the period. 63.69% of the stock is currently owned by institutional investors and hedge funds.

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.