VTEX (NYSE:VTEX) CEO Sells $19,280.08 in Stock

VTEX (NYSE:VTEX) CEO Carmo Thomaz Junior Geraldo Do sold 4,808 shares of the business’s stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $4.01, for a total value of $19,280.08. Following the transaction, the chief executive officer owned 382,411 shares in the company, valued at $1,533,468.11. This represents a 1.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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

• On Monday, April 27th, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.01, for a total value 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 shares were sold at an average price of $4.03, for a total value of $19,376.24.
• On Monday, April 6th, 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 value of $19,424.32.
• On Tuesday, March 31st, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.01, for a total value of $19,280.08.

VTEX Stock Down 4.0%

Shares of VTEX opened at $3.43 on Thursday. VTEX has a 12-month low of $2.84 and a 12-month high of $6.82. The firm has a market capitalization of $584.27 million, a price-to-earnings ratio of 28.56, a P/E/G ratio of 0.49 and a beta of 1.05. The stock’s 50-day moving average price is $3.93 and its 200 day moving average price is $3.76.

VTEX (NYSE:VTEX) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate 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 for the quarter, compared to the consensus estimate of $60.65 million. Equities research analysts expect that VTEX will post 0.19 EPS for the current year.

Analyst Ratings Changes

VTEX has been the topic of several analyst reports. Weiss Ratings lowered VTEX from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, May 7th. Wall Street Zen upgraded VTEX from a “buy” rating to a “strong-buy” rating in a research note on Sunday, April 12th. Brean Capital upgraded VTEX from a “hold” rating to a “buy” rating and set a $5.00 price objective on the stock in a research note on Wednesday, March 11th. Finally, UBS Group upped their price objective on VTEX from $4.00 to $4.10 and gave the company a “neutral” rating in a research note on Friday, May 8th. Four research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $5.98.

Institutional Investors Weigh In On VTEX

Large investors have recently modified their holdings of the stock. Summit Securities Group LLC acquired a new position in shares of VTEX in the 1st quarter worth approximately $29,000. State of Wyoming acquired a new position in shares of VTEX in the 2nd quarter worth approximately $59,000. Aquatic Capital Management LLC acquired a new position in shares of VTEX in the 3rd quarter worth approximately $41,000. ProShare Advisors LLC acquired a new position in shares of VTEX in the 4th quarter worth approximately $39,000. Finally, Ieq Capital LLC acquired a new position in shares of VTEX in the 4th quarter worth approximately $41,000. 63.69% of the stock is currently 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.