VTEX (NYSE:VTEX – Get Free Report) CEO Geraldo Thomaz sold 4,808 shares of the stock in a transaction that occurred on Monday, October 26th. The stock was sold at an average price of $4.03, for a total transaction of $19,376.24. Following the sale, the chief executive officer owned 1,126,817 shares in the company, valued at approximately $4,541,072.51. This trade represents a 0.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Carmo Thomaz Junior Geraldo Do also recently made the following trade(s):
- On Monday, October 19th, Geraldo Thomaz sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.09, for a total value of $19,664.72.
- On Monday, October 12th, Geraldo Thomaz 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.
- On Monday, August 10th, Geraldo Thomaz sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.05, for a total value of $19,472.40.
- On Monday, August 3rd, Geraldo Thomaz sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.40, for a total value of $21,155.20.
VTEX Stock Performance
Shares of VTEX opened at $4.01 on Friday. The stock has a 50-day simple moving average of $3.78 and a 200-day simple moving average of $3.76. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.91 and a current ratio of 2.91. The stock has a market capitalization of $684.52 million, a PE ratio of 25.10, a PEG ratio of 0.48 and a beta of 0.94. VTEX has a 1 year low of $2.84 and a 1 year high of $4.60.
VTEX (NYSE:VTEX – Get Free Report) last released its earnings results on Friday, August 7th. The company reported $0.06 earnings per share 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 analyst estimates of $64.69 million. VTEX had a net margin of 11.98% and a return on equity of 12.98%. On average, analysts predict that VTEX will post 0.21 earnings per share for the current fiscal year.
Institutional Investors Weigh In On VTEX
Several large investors have recently modified their holdings of VTEX. Hsbc Holdings PLC acquired a new position in VTEX during the 1st quarter worth approximately $2,302,000. Globeflex Capital L P purchased a new position in shares of VTEX in the 1st quarter valued at about $1,144,000. Bank of America Corp DE increased its holdings in shares of VTEX by 56.0% in the 1st quarter. Bank of America Corp DE now owns 683,062 shares of the company’s stock valued at $2,732,000 after purchasing an additional 245,306 shares in the last quarter. Sei Investments Co. acquired a new stake in shares of VTEX in the first quarter valued at about $844,000. Finally, Principal Financial Group Inc. boosted its holdings in VTEX by 32.2% during the first quarter. Principal Financial Group Inc. now owns 330,139 shares of the company’s stock worth $1,321,000 after buying an additional 80,460 shares in the last quarter. Hedge funds and other institutional investors own 63.69% of the company’s stock.
Wall Street Analysts Forecast Growth
VTEX has been the topic of a number of research analyst reports. Morgan Stanley cut VTEX from an “overweight” rating to an “equal weight” rating and set a $4.00 target price for the company. in a research report on Friday, August 28th. Itau BBA Securities lowered VTEX from an “outperform” rating to a “market perform” rating and set a $4.50 price target on the stock. in a research report on Tuesday, August 25th. Jefferies Financial Group reiterated a “buy” rating and issued a $5.10 price objective on shares of VTEX in a research note on Thursday, August 27th. Weiss Ratings downgraded VTEX from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, July 31st. Finally, Wall Street Zen lowered shares of VTEX from a “strong-buy” rating to a “buy” rating in a research report on Sunday, October 11th. Two research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $4.60.
View Our Latest Analysis on VTEX
About VTEX
VTEX (NYSE: VTEX) is a global digital commerce technology company that provides software for businesses to create, operate and expand online sales channels. Its platform supports business-to-consumer, business-to-business and marketplace commerce, helping companies manage digital storefronts, catalogs, pricing, promotions, payments and customer experiences.
The company’s offerings include commerce management, an order management system, marketplace capabilities and tools designed to support headless and omnichannel retail strategies.
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