VTEX (NYSE:VTEX) CEO Carmo Thomaz Junior Geraldo Do Sells 4,808 Shares of 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 Tuesday, March 31st. 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 227,773 shares of the company’s stock, valued at approximately $913,369.73. This represents a 2.07% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

VTEX Stock Performance

Shares of VTEX opened at $4.06 on Friday. The company’s 50 day simple moving average is $3.50 and its 200-day simple moving average is $3.85. The firm has a market cap of $701.47 million, a PE ratio of 36.87, a price-to-earnings-growth ratio of 0.59 and a beta of 1.17. VTEX has a 12-month low of $2.84 and a 12-month high of $6.82. The company has a current ratio of 3.04, a quick ratio of 3.04 and a debt-to-equity ratio of 0.01.

VTEX (NYSE:VTEX) last issued its quarterly earnings results on Thursday, February 26th. The company reported $0.05 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.05. VTEX had a net margin of 8.32% and a return on equity of 8.24%. The firm had revenue of $67.95 million during the quarter, compared to analysts’ expectations of $68.11 million. As a group, equities analysts predict that VTEX will post 0.08 EPS for the current year.

Institutional Investors Weigh In On VTEX

Hedge funds and other institutional investors have recently modified their holdings of the stock. Ameritas Investment Partners Inc. acquired a new stake in shares of VTEX in the 2nd quarter worth approximately $39,000. ProShare Advisors LLC acquired a new position in VTEX during the fourth quarter worth $39,000. Aquatic Capital Management LLC acquired a new stake in VTEX in the third quarter valued at $41,000. Ieq Capital LLC purchased a new position in shares of VTEX in the fourth quarter valued at $41,000. Finally, nVerses Capital LLC acquired a new position in shares of VTEX during the 4th quarter worth $49,000. 63.69% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

VTEX has been the topic of several recent research reports. Brean Capital upgraded VTEX from a “hold” rating to a “buy” rating and set a $5.00 price target on the stock in a research report on Wednesday, March 11th. UBS Group cut VTEX from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $8.00 to $4.00 in a research report on Wednesday, January 14th. Wall Street Zen raised VTEX from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 14th. Finally, Weiss Ratings upgraded VTEX from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, March 19th. Four investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, VTEX currently has a consensus rating of “Moderate Buy” and an average price target of $5.97.

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.