VTEX (NYSE:VTEX) CEO Sells 4,808 Shares

VTEX (NYSE:VTEX) CEO Carmo Thomaz Junior Geraldo Do sold 4,808 shares of the company’s stock in a transaction dated 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 1,252,111 shares of the company’s stock, valued at approximately $5,283,908.42. This trade represents a 0.38% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

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

• 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 shares were sold at an average price of $4.04, for a total value 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.
• On Thursday, May 7th, 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.

VTEX Stock Performance

Shares of VTEX stock traded up $0.18 on Tuesday, hitting $4.39. 401,832 shares of the stock traded hands, compared to its average volume of 1,298,575. The stock has a market capitalization of $749.29 million, a PE ratio of 36.54, a PEG ratio of 0.54 and a beta of 1.03. The firm’s 50-day moving average price is $3.84 and its two-hundred day moving average price is $3.70. VTEX has a twelve month low of $2.84 and a twelve month high of $6.24.

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

Institutional Trading of VTEX

Several hedge funds have recently made changes to their positions in the business. Summit Securities Group LLC purchased a new position in shares of VTEX in the first quarter valued at approximately $29,000. ProShare Advisors LLC purchased a new stake in VTEX during the 4th quarter worth approximately $39,000. Aquatic Capital Management LLC purchased a new stake in VTEX during the 3rd quarter worth approximately $41,000. Ieq Capital LLC acquired a new stake in VTEX during the 4th quarter worth approximately $41,000. Finally, nVerses Capital LLC acquired a new stake in VTEX during the 4th quarter worth approximately $49,000. Institutional investors and hedge funds own 63.69% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on VTEX shares. Weiss Ratings raised shares of VTEX from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, July 16th. UBS Group upped their price objective on shares of VTEX from $4.00 to $4.10 and gave the stock a “neutral” rating in a report on Friday, May 8th. Finally, Wall Street Zen raised shares of VTEX from a “buy” rating to a “strong-buy” rating in a research report on Sunday, April 12th. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $5.18.

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.