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

VTEX (NYSE:VTEX) CEO Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $4.05, for a total value of $19,472.40. Following the sale, the chief executive officer directly owned 1,237,687 shares of the company’s stock, valued at $5,012,632.35. This trade represents a 0.39% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

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

• On Monday, August 3rd, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.40, for a total value of $21,155.20.
• On Monday, July 27th, 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 transaction of $19,280.08.
• On Monday, July 20th, Carmo Thomaz Junior Geraldo Do 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, 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 transaction 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 transaction 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 shares were sold at an average price of $4.00, for a total transaction of $19,232.00.

VTEX Stock Down 2.1%

VTEX stock traded down $0.09 during trading on Tuesday, hitting $3.94. 187,626 shares of the company’s stock were exchanged, compared to its average volume of 1,280,656. The company has a current ratio of 2.91, a quick ratio of 2.91 and a debt-to-equity ratio of 0.02. The stock has a market capitalization of $672.58 million, a price-to-earnings ratio of 24.66, a PEG ratio of 0.58 and a beta of 1.02. The business has a 50-day moving average price of $3.97 and a two-hundred day moving average price of $3.76. VTEX has a 52-week low of $2.84 and a 52-week high of $4.73.

VTEX (NYSE:VTEX) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.06 earnings per share for the quarter, topping analysts’ consensus estimates of $0.05 by $0.01. The company had revenue of $64.39 million during the quarter, compared to analysts’ expectations of $64.69 million. VTEX had a return on equity of 12.98% and a net margin of 11.98%. As a group, equities research analysts expect that VTEX will post 0.19 EPS for the current year.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the company. Bank of America Corp DE increased its stake in VTEX by 56.0% during the first 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. acquired a new position in shares of VTEX in the 1st quarter valued at about $844,000. Globeflex Capital L P bought a new stake in shares of VTEX during the 1st quarter valued at about $1,144,000. State of Wyoming acquired a new stake in VTEX during the first quarter worth about $70,000. Finally, Principal Financial Group Inc. raised its stake in VTEX by 32.2% during the first quarter. Principal Financial Group Inc. now owns 330,139 shares of the company’s stock worth $1,321,000 after acquiring an additional 80,460 shares during the period. Institutional investors own 63.69% of the company’s stock.

Analyst Upgrades and Downgrades

VTEX has been the topic of several analyst reports. Weiss Ratings cut VTEX from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, July 31st. Bradesco Corretora lowered VTEX to a “neutral” rating and set a $4.50 price target on the stock. in a research note on Friday. Finally, UBS Group lifted their price target on VTEX from $4.00 to $4.10 and gave the company a “neutral” rating in a report on Friday, May 8th. Three equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, VTEX currently has a consensus rating of “Hold” and a consensus target price of $5.07.

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.