VTEX (NYSE:VTEX) CEO De Faria Mariano Gomide Sells 4,808 Shares of Stock

VTEX (NYSE:VTEX) CEO De Faria Mariano Gomide sold 4,808 shares of the stock in a transaction that occurred on Monday, July 20th. The shares were sold at an average price of $4.22, for a total transaction of $20,289.76. Following the transaction, the chief executive officer owned 1,048,353 shares in the company, valued at $4,424,049.66. The trade was a 0.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Monday, July 6th, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.06, for a total transaction of $19,520.48.
• On Monday, June 29th, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.04, for a total transaction of $19,424.32.
• On Friday, June 26th, De Faria Mariano Gomide 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, De Faria Mariano Gomide 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 Thursday, May 7th, De Faria Mariano Gomide 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 Trading Up 3.9%

VTEX opened at $4.38 on Wednesday. VTEX has a 12 month low of $2.84 and a 12 month high of $6.24. The business’s 50-day moving average price is $3.86 and its 200-day moving average price is $3.71. The company has a market cap of $745.89 million, a P/E ratio of 36.46, a P/E/G ratio of 0.58 and a beta of 1.03.

VTEX (NYSE:VTEX) last posted 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). The company had revenue of $60.70 million for the quarter, compared to the consensus estimate of $60.65 million. VTEX had a return on equity of 9.68% and a net margin of 9.40%. Equities research analysts forecast that VTEX will post 0.19 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of VTEX. Bank of America Corp DE raised its position in VTEX by 56.0% during the 1st quarter. Bank of America Corp DE now owns 683,062 shares of the company’s stock valued at $2,732,000 after purchasing an additional 245,306 shares during the last quarter. Sei Investments Co. bought a new stake in shares of VTEX in the 1st quarter worth approximately $844,000. Globeflex Capital L P bought a new stake in shares of VTEX in the 1st quarter worth approximately $1,144,000. State of Wyoming purchased a new position in shares of VTEX during the first quarter valued at approximately $70,000. Finally, Principal Financial Group Inc. increased its stake in shares of VTEX by 32.2% during the first quarter. Principal Financial Group Inc. now owns 330,139 shares of the company’s stock valued at $1,321,000 after buying an additional 80,460 shares during the period. Hedge funds and other institutional investors own 63.69% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on VTEX. Weiss Ratings upgraded shares of VTEX from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, July 16th. UBS Group upped their price target on shares of VTEX from $4.00 to $4.10 and gave the company 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 equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, VTEX currently 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.