VTEX (NYSE:VTEX) CEO Carmo Thomaz Junior Geraldo Do Sells 4,808 Shares

VTEX (NYSE:VTEX) CEO Carmo Thomaz Junior Geraldo Do sold 4,808 shares of the stock in a transaction on Monday, July 20th. The stock was sold at an average price of $4.22, for a total value of $20,289.76. Following the transaction, the chief executive officer owned 1,252,111 shares of the company’s stock, valued at $5,283,908.42. This represents a 0.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• 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 transaction 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 transaction 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 transaction 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 transaction of $19,280.08.

VTEX Stock Up 3.9%

Shares of VTEX stock opened at $4.38 on Wednesday. VTEX has a 12-month low of $2.84 and a 12-month high of $6.24. The company has a market capitalization of $745.89 million, a P/E ratio of 36.46, a P/E/G ratio of 0.58 and a beta of 1.03. The firm has a 50-day moving average price of $3.86 and a 200 day moving average price of $3.71.

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

Analyst Ratings Changes

Several research analysts have recently commented on VTEX shares. Wall Street Zen raised VTEX from a “buy” rating to a “strong-buy” rating in a report on Sunday, April 12th. Weiss Ratings raised VTEX from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, July 16th. Finally, UBS Group lifted their price objective on VTEX from $4.00 to $4.10 and gave the company a “neutral” rating in a research report on Friday, May 8th. Three research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, VTEX currently has an average rating of “Moderate Buy” and a consensus price target of $5.18.

Institutional Investors Weigh In On VTEX

Several hedge funds and other institutional investors have recently added to or reduced their stakes in VTEX. Summit Securities Group LLC bought a new position in shares of VTEX in the first quarter worth about $29,000. State of Wyoming bought a new stake in shares of VTEX during the second quarter valued at approximately $59,000. Aquatic Capital Management LLC bought a new stake in shares of VTEX during the third quarter valued at approximately $41,000. ProShare Advisors LLC acquired a new stake in shares of VTEX in the fourth quarter valued at approximately $39,000. Finally, Ieq Capital LLC acquired a new stake in shares of VTEX in the fourth quarter valued at approximately $41,000. Institutional investors and hedge funds own 63.69% of the company’s stock.

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.