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

VTEX (NYSE:VTEX) CEO Carmo Thomaz Junior Geraldo Do sold 4,808 shares of the stock in a transaction on Monday, April 20th. The stock was sold at an average price of $4.16, for a total transaction of $20,001.28. Following the sale, the chief executive officer directly owned 267,027 shares in the company, valued at $1,110,832.32. This trade represents a 1.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

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

• On Monday, April 13th, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.03, for a total transaction of $19,376.24.
• On Monday, April 6th, 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 Tuesday, March 31st, 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.

VTEX Price Performance

Shares of NYSE VTEX opened at $3.91 on Friday. The firm has a 50-day simple moving average of $3.76 and a 200-day simple moving average of $3.82. The stock has a market capitalization of $675.53 million, a price-to-earnings ratio of 35.50, a price-to-earnings-growth ratio of 0.62 and a beta of 1.17. The company has a quick ratio of 3.04, a current ratio of 3.04 and a debt-to-equity ratio of 0.01. VTEX has a 52 week low of $2.84 and a 52 week high of $6.82.

VTEX (NYSE:VTEX) last released its quarterly earnings data on Thursday, February 26th. The company reported $0.05 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.05. VTEX had a net margin of 8.32% and a return on equity of 8.24%. The firm had revenue of $67.95 million during the quarter, compared to analysts’ expectations of $68.11 million. On average, equities analysts predict that VTEX will post 0.18 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. State of Wyoming purchased a new position in shares of VTEX in the second quarter valued at approximately $59,000. Aquatic Capital Management LLC purchased a new position in shares of VTEX in the third quarter valued at approximately $41,000. ProShare Advisors LLC purchased a new position in shares of VTEX in the fourth quarter valued at approximately $39,000. Ieq Capital LLC purchased a new position in shares of VTEX in the fourth quarter valued at approximately $41,000. Finally, Virtu Financial LLC purchased a new position in shares of VTEX in the third quarter valued at approximately $51,000. Hedge funds and other institutional investors own 63.69% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on VTEX. UBS Group cut shares of VTEX from a “buy” rating to a “neutral” rating and dropped their price target for the company from $8.00 to $4.00 in a research report on Wednesday, January 14th. Weiss Ratings upgraded shares of VTEX from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday. Brean Capital upgraded shares of VTEX from a “hold” rating to a “buy” rating and set a $5.00 price target for the company in a research report on Wednesday, March 11th. Finally, Wall Street Zen upgraded shares of VTEX from a “buy” rating to a “strong-buy” rating in a research report on Sunday, April 12th. Four analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $5.97.

About VTEX

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.