VTEX (NYSE:VTEX) CEO Sells $19,472.40 in Stock

VTEX (NYSE:VTEX) CEO Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $4.05, for a total transaction of $19,472.40. Following the completion of the transaction, the chief executive officer owned 1,237,687 shares of the company’s stock, valued at $5,012,632.35. This trade represents a 0.39% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

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

• On Monday, August 3rd, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.40, for a total value of $21,155.20.
• On Monday, July 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 value of $19,280.08.
• On Monday, July 20th, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.22, for a total value of $20,289.76.
• On Monday, July 6th, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.06, for a total value of $19,520.48.
• On Monday, June 29th, Carmo Thomaz Junior Geraldo Do 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, 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 value of $19,232.00.

VTEX Stock Performance

Shares of NYSE:VTEX opened at $3.81 on Friday. The company has a current ratio of 2.91, a quick ratio of 2.91 and a debt-to-equity ratio of 0.02. VTEX has a 1-year low of $2.84 and a 1-year high of $4.73. The stock has a market capitalization of $648.71 million, a P/E ratio of 23.78, a P/E/G ratio of 0.54 and a beta of 1.02. The business has a 50-day moving average price of $3.97 and a two-hundred day moving average price of $3.77.

VTEX (NYSE:VTEX) last posted its quarterly earnings results on Friday, August 7th. The company reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.01. The business had revenue of $64.39 million for the quarter, compared to analyst estimates of $64.69 million. VTEX had a return on equity of 12.98% and a net margin of 11.98%. Equities analysts predict that VTEX will post 0.19 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Summit Securities Group LLC acquired a new position in VTEX in the first quarter valued at about $29,000. ProShare Advisors LLC acquired a new stake in shares of VTEX during the fourth quarter worth about $39,000. Aquatic Capital Management LLC acquired a new stake in shares of VTEX during the third quarter worth about $41,000. Ieq Capital LLC bought a new position in shares of VTEX during the 4th quarter valued at about $41,000. Finally, nVerses Capital LLC bought a new position in shares of VTEX during the 4th quarter valued at about $49,000. 63.69% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently commented on VTEX. Bradesco Corretora cut VTEX to a “neutral” rating and set a $4.50 price target for the company. in a research note on Friday, August 7th. Weiss Ratings lowered shares of VTEX from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, July 31st. Finally, UBS Group boosted their price objective on shares of VTEX from $4.00 to $4.10 and gave the company a “neutral” rating in a report on Friday, May 8th. Three research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $5.07.

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.