Globeflex Capital L P Takes $1.14 Million Position in VTEX $VTEX

Globeflex Capital L P acquired a new position in VTEX (NYSE:VTEX) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 285,953 shares of the company’s stock, valued at approximately $1,144,000. Globeflex Capital L P owned 0.17% of VTEX at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of VTEX. Summit Securities Group LLC acquired a new stake in VTEX in the 1st quarter valued at $29,000. ProShare Advisors LLC bought a new stake in VTEX in the fourth quarter valued at $39,000. Ieq Capital LLC acquired a new position in VTEX during the fourth quarter worth $41,000. Aquatic Capital Management LLC acquired a new position in VTEX during the third quarter worth $41,000. Finally, nVerses Capital LLC bought a new position in shares of VTEX during the fourth quarter valued at $49,000. Institutional investors and hedge funds own 63.69% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the company. 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 target price on VTEX from $4.00 to $4.10 and gave the company a “neutral” rating in a research note on Friday, May 8th. Finally, Bradesco Corretora cut VTEX to a “neutral” rating and set a $4.50 price target for the company. in a report on Friday, August 7th. Three analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, VTEX currently has an average rating of “Hold” and an average price target of $5.07.

VTEX Stock Up 0.4%

VTEX stock opened at $3.67 on Tuesday. The company has a 50 day moving average of $3.98 and a 200-day moving average of $3.79. The company has a quick ratio of 2.91, a current ratio of 2.91 and a debt-to-equity ratio of 0.02. VTEX has a twelve month low of $2.84 and a twelve month high of $4.73. The stock has a market capitalization of $624.85 million, a PE ratio of 22.91, a price-to-earnings-growth ratio of 0.51 and a beta of 1.02.

VTEX (NYSE:VTEX) last released its earnings results on Friday, August 7th. The company reported $0.06 earnings per share for the quarter, beating analysts’ consensus estimates of $0.05 by $0.01. VTEX had a net margin of 11.98% and a return on equity of 12.98%. The business had revenue of $64.39 million during the quarter, compared to the consensus estimate of $64.69 million. On average, equities research analysts anticipate that VTEX will post 0.19 EPS for the current fiscal year.

Insider Transactions at VTEX

In other VTEX news, insider Andre Spolidoro Ferreira Gomes sold 15,000 shares of the business’s stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $4.04, for a total value of $60,600.00. Following the completion of the sale, the insider owned 301,431 shares of the company’s stock, valued at $1,217,781.24. The trade was a 4.74% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In the last ninety days, insiders sold 94,928 shares of company stock valued at $386,522. Insiders own 40.93% 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.