VTEX (NYSE:VTEX) CEO Sells $20,289.76 in Stock

VTEX (NYSE:VTEX) CEO De Faria Mariano Gomide sold 4,808 shares of the firm’s stock in a transaction that occurred on Monday, July 20th. The stock was sold at an average price of $4.22, for a total transaction of $20,289.76. Following the transaction, the chief executive officer owned 1,048,353 shares of the company’s stock, valued at approximately $4,424,049.66. The trade was a 0.46% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

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

• On Monday, July 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 transaction of $19,280.08.
• On Monday, July 6th, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.06, for a total transaction of $19,520.48.
• 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 shares were 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 transaction of $19,280.08.

VTEX Trading Down 3.0%

Shares of VTEX stock opened at $4.37 on Friday. The business has a 50-day moving average price of $3.89 and a two-hundred day moving average price of $3.72. VTEX has a 1-year low of $2.84 and a 1-year high of $6.13. The company has a market cap of $744.19 million, a P/E ratio of 36.38, a PEG ratio of 0.62 and a beta of 1.03.

VTEX (NYSE:VTEX) last announced its quarterly earnings data 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 business had revenue of $60.70 million during the quarter, compared to analyst estimates of $60.65 million. VTEX had a net margin of 9.40% and a return on equity of 9.68%. Equities research analysts forecast that VTEX will post 0.19 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Wall Street Zen raised shares of VTEX from a “buy” rating to a “strong-buy” rating in a research report on Sunday, April 12th. UBS Group increased 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. Finally, Weiss Ratings upgraded shares of 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $5.18.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in VTEX. Millennium Management LLC increased its position in shares of VTEX by 202.5% during the third quarter. Millennium Management LLC now owns 1,530,983 shares of the company’s stock worth $6,706,000 after acquiring an additional 1,024,911 shares in the last quarter. Jacobs Levy Equity Management Inc. bought a new position in VTEX in the 3rd quarter valued at about $4,412,000. Citadel Advisors LLC lifted its position in VTEX by 524.5% in the 3rd quarter. Citadel Advisors LLC now owns 1,012,225 shares of the company’s stock valued at $4,434,000 after acquiring an additional 850,132 shares in the last quarter. Polar Capital Holdings Plc boosted its stake in VTEX by 11.9% during the 3rd quarter. Polar Capital Holdings Plc now owns 7,034,043 shares of the company’s stock valued at $30,809,000 after purchasing an additional 748,712 shares during the last quarter. Finally, BW Gestao de Investimentos Ltda. boosted its stake in VTEX by 1,301.0% during the 2nd quarter. BW Gestao de Investimentos Ltda. now owns 746,757 shares of the company’s stock valued at $4,929,000 after purchasing an additional 693,457 shares during the last quarter. 63.69% of the stock is owned by institutional investors.

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.