VTEX (NYSE:VTEX) Insider Sells $10,710.00 in Stock

VTEX (NYSE:VTEX) insider Andre Spolidoro Ferreira Gomes sold 3,000 shares of VTEX stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $3.57, for a total value of $10,710.00. Following the sale, the insider owned 298,431 shares of the company’s stock, valued at approximately $1,065,398.67. This trade represents a 1.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Andre Spolidoro Ferreira Gomes also recently made the following trade(s):

• On Monday, August 10th, Andre Spolidoro Ferreira Gomes sold 15,000 shares of VTEX stock. The stock was sold at an average price of $4.04, for a total value of $60,600.00.

VTEX Trading Up 0.4%

VTEX traded up $0.01 during trading on Tuesday, hitting $3.54. 706,793 shares of the stock traded hands, compared to its average volume of 1,271,890. The firm has a market capitalization of $604.37 million, a P/E ratio of 22.16, a price-to-earnings-growth ratio of 0.52 and a beta of 1.02. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.91 and a quick ratio of 2.91. The firm has a 50-day moving average of $3.97 and a 200 day moving average of $3.78. VTEX has a 12-month low of $2.84 and a 12-month high of $4.73.

VTEX (NYSE:VTEX) last issued its quarterly earnings data 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 return on equity of 12.98% and a net margin of 11.98%. Equities research analysts anticipate that VTEX will post 0.19 EPS for the current year.

Wall Street Analyst Weigh In

VTEX has been the subject of several research reports. UBS Group upped their price objective on shares of VTEX from $4.00 to $4.10 and gave the stock a “neutral” rating in a report on Friday, May 8th. Bradesco Corretora lowered shares of VTEX to a “neutral” rating and set a $4.50 target price on the stock. in a research note on Friday, August 7th. Finally, Weiss Ratings cut shares of VTEX from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, July 31st. Three equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $5.07.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Price T Rowe Associates Inc. MD boosted its holdings in VTEX by 11.7% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 32,306 shares of the company’s stock worth $122,000 after acquiring an additional 3,389 shares in the last quarter. Van ECK Associates Corp raised its position in shares of VTEX by 18.5% in the 3rd quarter. Van ECK Associates Corp now owns 30,759 shares of the company’s stock worth $135,000 after purchasing an additional 4,802 shares during the last quarter. Barclays PLC boosted its stake in VTEX by 6.3% in the 4th quarter. Barclays PLC now owns 87,792 shares of the company’s stock worth $330,000 after purchasing an additional 5,169 shares in the last quarter. Summit Securities Group LLC bought a new stake in VTEX during the 1st quarter valued at about $29,000. Finally, MQS Management LLC raised its holdings in VTEX by 59.0% in the fourth quarter. MQS Management LLC now owns 23,512 shares of the company’s stock worth $88,000 after buying an additional 8,722 shares during the last quarter. 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.