Andre Spolidoro Ferreira Gomes Sells 15,000 Shares of VTEX (NYSE:VTEX) Stock

VTEX (NYSE:VTEX) insider Andre Spolidoro Ferreira Gomes sold 15,000 shares of the firm’s stock in a transaction on Monday, August 10th. The stock was sold at an average price of $4.04, for a total transaction of $60,600.00. Following the completion of the sale, the insider owned 301,431 shares in the company, valued at approximately $1,217,781.24. The trade was a 4.74% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Andre Spolidoro Ferreira Gomes also recently made the following trade(s):

• On Monday, May 18th, Andre Spolidoro Ferreira Gomes sold 1,500 shares of VTEX stock. The stock was sold at an average price of $3.51, for a total transaction of $5,265.00.

VTEX Price Performance

NYSE:VTEX opened at $3.81 on Friday. 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 has a one year low of $2.84 and a one year high of $4.73. The company has a fifty day moving average price of $3.97 and a 200 day moving average price of $3.77. The stock has a market cap of $648.71 million, a P/E ratio of 23.78, a PEG ratio of 0.54 and a beta of 1.02.

VTEX (NYSE:VTEX) last posted its quarterly earnings results on Friday, August 7th. The company reported $0.06 earnings per share (EPS) for the quarter, topping 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 company had revenue of $64.39 million for the quarter, compared to analyst estimates of $64.69 million. Analysts anticipate that VTEX will post 0.19 earnings per share for the current year.

Hedge Funds Weigh In On VTEX

A number of hedge funds have recently modified their holdings of the stock. Summit Securities Group LLC acquired a new stake in VTEX in the 1st quarter valued at $29,000. ProShare Advisors LLC acquired a new position in VTEX during the fourth quarter worth $39,000. Aquatic Capital Management LLC acquired a new position in VTEX during the third quarter worth $41,000. Ieq Capital LLC bought a new position in shares of VTEX during the fourth quarter valued at $41,000. Finally, nVerses Capital LLC bought a new position in shares of VTEX during the fourth quarter valued at $49,000. 63.69% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on VTEX shares. Weiss Ratings lowered VTEX from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, July 31st. UBS Group raised 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, Bradesco Corretora lowered VTEX to a “neutral” rating and set a $4.50 price objective on the stock. in a report on Friday, August 7th. Three research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average 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.