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 business’s stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $4.05, for a total value of $19,472.40. Following the completion of the transaction, the chief executive officer owned 1,033,929 shares in the company, valued at $4,187,412.45. The trade was a 0.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• On Monday, August 3rd, De Faria Mariano Gomide 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, 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 transaction of $19,280.08.
• On Monday, July 20th, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.22, for a total value of $20,289.76.
• On Monday, July 6th, De Faria Mariano Gomide 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, 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 value of $19,424.32.
• On Friday, June 26th, 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 transaction 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.

VTEX Stock Performance

Shares of VTEX stock opened at $3.93 on Wednesday. VTEX has a 12 month low of $2.84 and a 12 month high of $4.73. The stock’s fifty day moving average price is $3.97 and its 200-day moving average price is $3.77. The firm has a market cap of $669.68 million, a P/E ratio of 24.55, a P/E/G ratio of 0.56 and a beta of 1.02. The company has a current ratio of 2.91, a quick ratio of 2.91 and a debt-to-equity ratio of 0.02.

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

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the company. Bradesco Corretora lowered VTEX to a “neutral” rating and set a $4.50 target price for the company. in a report on Friday. UBS Group raised their price objective on VTEX from $4.00 to $4.10 and gave the company a “neutral” rating in a research report on Friday, May 8th. Finally, Weiss Ratings downgraded shares of VTEX from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, July 31st. Three research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $5.07.

Hedge Funds Weigh In On VTEX

Large investors have recently made changes to their positions in the business. Summit Securities Group LLC purchased a new stake in shares of VTEX during the 1st quarter valued at $29,000. State of Wyoming acquired a new position in VTEX during the 2nd quarter valued at about $59,000. Aquatic Capital Management LLC purchased a new stake in VTEX in the third quarter valued at about $41,000. ProShare Advisors LLC acquired a new stake in VTEX in the fourth quarter worth about $39,000. Finally, Ieq Capital LLC acquired a new stake in VTEX in the 4th quarter worth approximately $41,000. 63.69% of the stock is owned by institutional investors and hedge funds.

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.