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

VTEX (NYSE:VTEX) CEO De Faria Mariano Gomide sold 4,808 shares of the business’s stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $4.01, for a total transaction of $19,280.08. Following the transaction, the chief executive officer owned 1,043,545 shares of the company’s stock, valued at approximately $4,184,615.45. This trade represents a 0.46% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Monday, July 20th, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.22, for a total transaction of $20,289.76.
• 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 stock was 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 value of $19,232.00.
• On Monday, June 1st, De Faria Mariano Gomide 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 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 Price Performance

VTEX stock opened at $4.37 on Friday. VTEX has a 1-year low of $2.84 and a 1-year high of $6.13. The business has a fifty day moving average price of $3.89 and a 200-day moving average price of $3.72. The stock has a market capitalization of $744.19 million, a price-to-earnings ratio of 36.38, a PEG ratio of 0.62 and a beta of 1.03.

VTEX (NYSE:VTEX) last announced its 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 business had revenue of $60.70 million for the quarter, compared to analyst estimates of $60.65 million. On average, equities research analysts anticipate that VTEX will post 0.19 earnings per share for the current fiscal year.

Hedge Funds Weigh In On VTEX

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in VTEX by 37.8% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 36,822 shares of the company’s stock worth $187,000 after acquiring an additional 10,110 shares during the period. Goldman Sachs Group Inc. increased its holdings in shares of VTEX by 61.6% in the first quarter. Goldman Sachs Group Inc. now owns 220,758 shares of the company’s stock valued at $1,119,000 after purchasing an additional 84,189 shares during the period. Jane Street Group LLC increased its holdings in shares of VTEX by 1,570.1% in the first quarter. Jane Street Group LLC now owns 187,146 shares of the company’s stock valued at $949,000 after purchasing an additional 175,940 shares during the period. Geode Capital Management LLC acquired a new position in shares of VTEX in the second quarter valued at about $4,543,000. Finally, Rhumbline Advisers purchased a new position in shares of VTEX in the second quarter worth about $392,000. Hedge funds and other institutional investors own 63.69% of the company’s stock.

Analyst Ratings Changes

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

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.