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 firm’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $4.06, for a total value of $19,520.48. Following the sale, the chief executive officer owned 1,057,969 shares in the company, valued at $4,295,354.14. The trade was a 0.45% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

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

• 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 stock was 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 stock was sold at an average price of $4.00, for a total transaction of $19,232.00.
• On Thursday, May 7th, 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 value of $19,280.08.
• On Monday, April 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 value of $19,280.08.
• On Monday, April 20th, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.16, for a total transaction of $20,001.28.
• On Monday, April 13th, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.03, for a total transaction of $19,376.24.

VTEX Trading Down 4.5%

Shares of NYSE:VTEX opened at $3.94 on Thursday. The company has a 50-day moving average price of $3.74 and a 200-day moving average price of $3.67. The company has a market cap of $670.88 million, a price-to-earnings ratio of 32.79, a price-to-earnings-growth ratio of 0.57 and a beta of 1.03. VTEX has a 12 month low of $2.84 and a 12 month high of $6.82.

VTEX (NYSE:VTEX) last posted its earnings results on Thursday, May 7th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.01). The business had revenue of $60.70 million during the quarter, compared to the consensus estimate of $60.65 million. VTEX had a return on equity of 9.68% and a net margin of 9.40%. As a group, research analysts forecast that VTEX will post 0.19 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. Weiss Ratings upgraded VTEX from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, May 21st. UBS Group raised their price target on shares of VTEX from $4.00 to $4.10 and gave the company a “neutral” rating in a research report on Friday, May 8th. Brean Capital raised shares of VTEX from a “hold” rating to a “buy” rating and set a $5.00 price objective for the company in a report on Wednesday, March 11th. Finally, Wall Street Zen upgraded VTEX from a “buy” rating to a “strong-buy” rating in a research note on Sunday, April 12th. Three equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $5.18.

Institutional Investors Weigh In On VTEX

A number of institutional investors have recently bought and sold shares of VTEX. Summit Securities Group LLC bought a new stake in VTEX during the first quarter valued at about $29,000. State of Wyoming purchased a new stake in shares of VTEX in the second quarter worth about $59,000. Aquatic Capital Management LLC purchased a new stake in shares of VTEX during the 3rd quarter worth approximately $41,000. ProShare Advisors LLC bought a new position in VTEX during the fourth quarter valued at $39,000. Finally, Ieq Capital LLC bought a new position in shares of VTEX in the 4th quarter valued at about $41,000. Hedge funds and other institutional investors own 63.69% of the company’s stock.

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.