VTEX (NYSE:VTEX) Insider Andre Spolidoro Ferreira Gomes Sells 15,000 Shares

VTEX (NYSE:VTEX) insider Andre Spolidoro Ferreira Gomes sold 15,000 shares of VTEX stock in a transaction on Monday, August 10th. The stock was sold at an average price of $4.04, for a total transaction of $60,600.00. Following the completion of the transaction, the insider owned 301,431 shares in the company, valued at $1,217,781.24. This trade represents a 4.74% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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

• On Monday, May 18th, Andre Spolidoro Ferreira Gomes sold 1,500 shares of VTEX stock. The stock was sold at an average price of $3.51, for a total transaction of $5,265.00.

VTEX Stock Down 1.8%

VTEX stock opened at $3.86 on Thursday. The stock has a market capitalization of $658.09 million, a price-to-earnings ratio of 24.13, a price-to-earnings-growth ratio of 0.54 and a beta of 1.02. The company has a 50-day moving average of $3.97 and a two-hundred day moving average of $3.77. VTEX has a 52-week low of $2.84 and a 52-week high of $4.73. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.91 and a quick ratio of 2.91.

VTEX (NYSE:VTEX) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.06 EPS for the quarter, topping analysts’ consensus estimates of $0.05 by $0.01. VTEX had a return on equity of 12.98% and a net margin of 11.98%.The business had revenue of $64.39 million for the quarter, compared to analyst estimates of $64.69 million. As a group, equities research analysts anticipate that VTEX will post 0.19 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on VTEX shares. UBS Group raised their price objective 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. Bradesco Corretora downgraded shares of VTEX to a “neutral” rating and set a $4.50 price objective on the stock. in a report on Friday, August 7th. Finally, Weiss Ratings lowered shares of VTEX from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, July 31st. Three analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $5.07.

Institutional Investors Weigh In On VTEX

A number of institutional investors have recently bought and sold shares of the business. Summit Securities Group LLC acquired a new position in shares of VTEX in the 1st quarter valued at $29,000. ProShare Advisors LLC bought a new stake in VTEX in the fourth quarter valued at about $39,000. Aquatic Capital Management LLC bought a new stake in VTEX in the third quarter valued at about $41,000. Ieq Capital LLC acquired a new position in VTEX in the fourth quarter worth about $41,000. Finally, nVerses Capital LLC acquired a new position in VTEX in the fourth quarter worth about $49,000. Institutional investors and hedge funds own 63.69% of the company’s stock.

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.