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

VTEX (NYSE:VTEX) CEO Mariano Gomide de Faria sold 4,808 shares of VTEX stock in a transaction that occurred on Monday, November 2nd. The stock was sold at an average price of $4.00, for a total value of $19,232.00. Following the sale, the chief executive officer directly owned 894,697 shares in the company, valued at $3,578,788. The trade was a 0.53% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

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

• On Monday, October 26th, Mariano Gomide de Faria 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, 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 value 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.

VTEX Stock Down 0.4%

VTEX opened at $3.96 on Wednesday. VTEX has a fifty-two week low of $2.84 and a fifty-two week high of $4.60. The company has a market capitalization of $675.99 million, a P/E ratio of 24.78, a P/E/G ratio of 0.54 and a beta of 1.05. The firm’s fifty day moving average price is $3.79 and its two-hundred day moving average price is $3.76. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.91 and a quick ratio of 2.91.

VTEX (NYSE:VTEX) last issued its earnings results on Friday, August 7th. The company reported $0.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.05 by $0.01. VTEX had a return on equity of 12.98% and a net margin of 11.98%. The business had revenue of $64.39 million during the quarter, compared to analysts’ expectations of $64.69 million. On average, analysts anticipate that VTEX will post 0.21 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on VTEX shares. Jefferies Financial Group reiterated a “buy” rating and issued a $5.10 price target on shares of VTEX in a research report on Thursday, August 27th. Morgan Stanley cut VTEX from an “overweight” rating to an “equal weight” rating and set a $4.00 price objective for the company. in a report on Friday, August 28th. Itau BBA Securities downgraded shares of VTEX from an “outperform” rating to a “market perform” rating and set a $4.50 target price on the stock. in a research note on Tuesday, August 25th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of VTEX in a report on Thursday, October 29th. Finally, Wall Street Zen lowered shares of VTEX from a “strong-buy” rating to a “buy” rating in a report on Sunday, October 11th. Two analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $4.60.

Institutional Trading of VTEX

Hedge funds have recently modified their holdings of the company. Ashton Thomas Private Wealth LLC bought a new position in shares of VTEX in the third quarter valued at approximately $38,000. Kapitalo Investimentos Ltda acquired a new position in shares of VTEX in the 3rd quarter worth approximately $36,000. Corient Private Wealth LP acquired a new position in shares of VTEX in the 2nd quarter worth approximately $58,000. AXQ Capital LP acquired a new position in shares of VTEX in the 2nd quarter worth approximately $47,000. Finally, Public Employees Retirement System of Ohio bought a new stake in VTEX during the 2nd quarter worth approximately $67,000. Institutional investors and hedge funds own 63.69% of the company’s stock.

About VTEX

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.