VTEX (NYSE:VTEX) CEO Carmo Thomaz Junior Geraldo Do Sells 4,808 Shares

VTEX (NYSE:VTEX) CEO Carmo Thomaz Junior Geraldo Do sold 4,808 shares of the firm’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $4.40, for a total transaction of $21,155.20. Following the transaction, the chief executive officer directly owned 1,242,495 shares of the company’s stock, valued at $5,466,978. The trade was a 0.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

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

• On Monday, July 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 transaction of $19,280.08.
• On Monday, July 20th, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.22, for a total transaction of $20,289.76.
• On Monday, July 6th, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The stock was 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 stock was 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 shares were sold at an average price of $4.00, for a total value 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 shares were sold at an average price of $4.01, for a total value of $19,280.08.

VTEX Stock Down 1.2%

Shares of NYSE VTEX opened at $4.38 on Thursday. VTEX has a 12-month low of $2.84 and a 12-month high of $6.00. The firm’s 50-day simple moving average is $3.95 and its 200 day simple moving average is $3.74. The company has a market cap of $745.89 million, a price-to-earnings ratio of 36.46, a price-to-earnings-growth ratio of 0.61 and a beta of 1.02.

VTEX (NYSE:VTEX) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.02 earnings per share 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 company had revenue of $60.70 million during the quarter, compared to analyst estimates of $60.65 million. On average, equities analysts expect that VTEX will post 0.19 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in VTEX. Bank of America Corp DE boosted its holdings in shares of VTEX by 56.0% in the 1st quarter. Bank of America Corp DE now owns 683,062 shares of the company’s stock valued at $2,732,000 after buying an additional 245,306 shares during the last quarter. Sei Investments Co. bought a new position in shares of VTEX in the 1st quarter valued at about $844,000. Globeflex Capital L P bought a new position in shares of VTEX in the 1st quarter valued at about $1,144,000. State of Wyoming acquired a new position in shares of VTEX during the 1st quarter worth about $70,000. Finally, Principal Financial Group Inc. raised its holdings in shares of VTEX by 32.2% in the 1st quarter. Principal Financial Group Inc. now owns 330,139 shares of the company’s stock valued at $1,321,000 after purchasing an additional 80,460 shares during the period. Institutional investors and hedge funds own 63.69% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. Wall Street Zen upgraded shares of VTEX from a “buy” rating to a “strong-buy” rating in a research report on Sunday, April 12th. UBS Group upped their price objective on VTEX from $4.00 to $4.10 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Finally, Weiss Ratings lowered VTEX from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, July 31st. Three research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price 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.