VTEX (NYSE:VTEX) CEO Sells $19,280.08 in Stock

VTEX (NYSE:VTEX) CEO Carmo Thomaz Junior Geraldo Do sold 4,808 shares of the business’s stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $4.01, for a total value of $19,280.08. Following the completion of the sale, the chief executive officer owned 1,247,303 shares of the company’s stock, valued at $5,001,685.03. The trade was a 0.38% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

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

• On Monday, July 20th, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.22, for a total value of $20,289.76.
• On Monday, July 6th, Carmo Thomaz Junior Geraldo Do 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, Carmo Thomaz Junior Geraldo Do 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, Carmo Thomaz Junior Geraldo Do 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, Carmo Thomaz Junior Geraldo Do 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 Thursday, May 7th, 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 value of $19,280.08.

VTEX Trading Down 1.3%

Shares of VTEX stock opened at $4.32 on Friday. The firm has a market cap of $735.66 million, a P/E ratio of 35.96, a P/E/G ratio of 0.61 and a beta of 1.03. VTEX has a 12 month low of $2.84 and a 12 month high of $6.13. The stock’s fifty day moving average price is $3.90 and its 200-day moving average price is $3.73.

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

Hedge Funds Weigh In On VTEX

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in VTEX by 37.8% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 36,822 shares of the company’s stock worth $187,000 after purchasing an additional 10,110 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of VTEX by 61.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 220,758 shares of the company’s stock valued at $1,119,000 after buying an additional 84,189 shares in the last quarter. Jane Street Group LLC boosted its holdings in shares of VTEX by 1,570.1% in the 1st quarter. Jane Street Group LLC now owns 187,146 shares of the company’s stock valued at $949,000 after buying an additional 175,940 shares in the last quarter. Geode Capital Management LLC bought a new position in shares of VTEX during the 2nd quarter worth approximately $4,543,000. Finally, Rhumbline Advisers bought a new position in shares of VTEX during the 2nd quarter worth approximately $392,000. Hedge funds and other institutional investors own 63.69% of the company’s stock.

Analysts Set New Price Targets

VTEX has been the subject of several research reports. Wall Street Zen raised shares of VTEX from a “buy” rating to a “strong-buy” rating in a research report on Sunday, April 12th. Weiss Ratings raised shares of VTEX from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, July 16th. Finally, UBS Group boosted their price objective on shares of VTEX from $4.00 to $4.10 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $5.18.

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.