VTEX (NYSE:VTEX) CEO Sells 4,808 Shares of Company Stock

VTEX (NYSE:VTEX) CEO Mariano Gomide de Faria sold 4,808 shares of the firm’s stock in a transaction that occurred on Monday, October 26th. The stock was sold at an average price of $4.03, for a total value of $19,376.24. Following the transaction, the chief executive officer owned 899,505 shares in the company, valued at $3,625,005.15. This represents a 0.53% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Monday, October 19th, Mariano Gomide de Faria sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.10, for a total transaction of $19,712.80.
• On Monday, October 12th, Mariano Gomide de Faria sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.00, for a total value of $19,232.00.
• On Monday, August 10th, Mariano Gomide de Faria sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.05, for a total value of $19,472.40.
• On Monday, August 3rd, Mariano Gomide de Faria 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.

VTEX Trading Down 1.1%

Shares of NYSE:VTEX traded down $0.04 during trading on Tuesday, reaching $3.94. The stock had a trading volume of 510,952 shares, compared to its average volume of 1,146,638. VTEX has a fifty-two week low of $2.84 and a fifty-two week high of $4.60. The business has a fifty day moving average price of $3.75 and a 200-day moving average price of $3.75. The company has a quick ratio of 2.91, a current ratio of 2.91 and a debt-to-equity ratio of 0.02. The stock has a market cap of $670.88 million, a P/E ratio of 24.60, a PEG ratio of 0.52 and a beta of 0.94.

VTEX (NYSE:VTEX) last announced its quarterly earnings results on Friday, August 7th. The company reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.01. VTEX had a return on equity of 12.98% and a net margin of 11.98%. The firm had revenue of $64.39 million during the quarter, compared to the consensus estimate of $64.69 million. As a group, analysts anticipate that VTEX will post 0.21 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

VTEX has been the topic of a number of research reports. Bradesco Corretora cut shares of VTEX to a “neutral” rating and set a $4.50 target price on the stock. in a report on Friday, August 7th. Jefferies Financial Group reiterated a “buy” rating and set a $5.10 price target on shares of VTEX in a research report on Thursday, August 27th. Weiss Ratings lowered shares of VTEX from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, July 31st. Itau BBA Securities restated a “market perform” rating and issued a $4.50 price target on shares of VTEX in a research note on Tuesday, August 25th. Finally, Morgan Stanley set a $4.00 price target on VTEX and gave the stock an “equal weight” rating in a research note on Friday, August 28th. Two analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $4.60.

Institutional Trading of VTEX

Institutional investors and hedge funds have recently modified their holdings of the company. Summit Securities Group LLC bought a new position in shares of VTEX during the 1st quarter worth approximately $29,000. Kapitalo Investimentos Ltda acquired a new position in shares of VTEX in the 3rd quarter worth approximately $36,000. AXQ Capital LP bought a new stake in VTEX during the 2nd quarter worth approximately $47,000. Corient Private Wealth LP bought a new position in VTEX in the 2nd quarter valued at $58,000. Finally, Public Employees Retirement System of Ohio bought a new position in shares of VTEX in the second quarter valued at about $67,000. 63.69% of the stock is currently owned by institutional investors.

VTEX Company Profile

VTEX (NYSE: VTEX) is a global digital commerce technology company that provides software for businesses to create, operate and expand online sales channels. Its platform supports business-to-consumer, business-to-business and marketplace commerce, helping companies manage digital storefronts, catalogs, pricing, promotions, payments and customer experiences.

The company’s offerings include commerce management, an order management system, marketplace capabilities and tools designed to support headless and omnichannel retail strategies.