VTEX (NYSE:VTEX) CEO Sells $21,155.20 in Stock

VTEX (NYSE:VTEX) CEO De Faria Mariano Gomide sold 4,808 shares of the company’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $4.40, for a total value of $21,155.20. Following the completion of the sale, the chief executive officer owned 1,038,737 shares in the company, valued at $4,570,442.80. The trade was a 0.46% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

• On Monday, July 27th, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.01, for a total value of $19,280.08.
• On Monday, July 20th, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The shares were 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 value of $19,520.48.
• On Monday, June 29th, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The shares were 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 value 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 transaction of $19,280.08.

VTEX Price Performance

NYSE:VTEX opened at $4.18 on Friday. The company has a 50 day moving average price of $3.97 and a 200-day moving average price of $3.75. VTEX has a 1-year low of $2.84 and a 1-year high of $4.91. The firm has a market cap of $712.48 million, a price-to-earnings ratio of 26.12, a price-to-earnings-growth ratio of 0.59 and a beta of 1.02.

VTEX (NYSE:VTEX) last announced its quarterly earnings results on Thursday, August 6th. The company reported $0.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.05 by $0.01. The firm had revenue of $64.39 million for the quarter, compared to the consensus estimate of $64.69 million. VTEX had a net margin of 11.98% and a return on equity of 12.81%. On average, sell-side analysts anticipate that VTEX will post 0.19 earnings per share for the current fiscal year.

Institutional Trading of VTEX

Institutional investors have recently modified their holdings of the stock. Summit Securities Group LLC purchased a new stake in shares of VTEX during the first quarter worth about $29,000. ProShare Advisors LLC purchased a new position in VTEX in the 4th quarter valued at about $39,000. Aquatic Capital Management LLC purchased a new position in VTEX in the 3rd quarter valued at about $41,000. Ieq Capital LLC acquired a new stake in VTEX in the 4th quarter worth about $41,000. Finally, nVerses Capital LLC acquired a new stake in VTEX in the 4th quarter worth about $49,000. Institutional investors and hedge funds own 63.69% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on VTEX shares. Wall Street Zen raised shares of VTEX from a “buy” rating to a “strong-buy” rating in a research note on Sunday, April 12th. Weiss Ratings lowered VTEX from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, July 31st. UBS Group upped their price target on VTEX from $4.00 to $4.10 and gave the stock a “neutral” rating in a report on Friday, May 8th. Finally, Bradesco Corretora downgraded VTEX to a “neutral” rating and set a $4.50 price target on the stock. in a research report on Friday. Three analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $5.07.

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.