De Faria Mariano Gomide Sells 4,808 Shares of VTEX (NYSE:VTEX) Stock

VTEX (NYSE:VTEX) CEO De Faria Mariano Gomide sold 4,808 shares of the stock in a transaction dated Monday, April 13th. The shares were sold at an average price of $4.03, for a total transaction of $19,376.24. Following the completion of the transaction, the chief executive officer directly owned 31,625 shares of the company’s stock, valued at approximately $127,448.75. This trade represents a 13.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

De Faria Mariano Gomide also recently made the following trade(s):

• On Monday, April 6th, De Faria Mariano Gomide 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 Tuesday, March 31st, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.01, for a total transaction of $19,280.08.

VTEX Price Performance

VTEX stock opened at $4.04 on Thursday. VTEX has a 52 week low of $2.84 and a 52 week high of $6.82. The company has a quick ratio of 3.04, a current ratio of 3.04 and a debt-to-equity ratio of 0.01. The firm’s 50-day simple moving average is $3.64 and its 200 day simple moving average is $3.82. The firm has a market capitalization of $698.01 million, a PE ratio of 36.69, a P/E/G ratio of 0.58 and a beta of 1.17.

VTEX (NYSE:VTEX) last released its quarterly earnings data on Thursday, February 26th. The company reported $0.05 EPS for the quarter, hitting the consensus estimate of $0.05. VTEX had a net margin of 8.32% and a return on equity of 8.24%. The business had revenue of $67.95 million for the quarter, compared to analyst estimates of $68.11 million. On average, equities research analysts predict that VTEX will post 0.08 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. ProShare Advisors LLC acquired a new position in VTEX in the 4th quarter valued at about $39,000. Ieq Capital LLC acquired a new position in VTEX in the 4th quarter valued at about $41,000. Aquatic Capital Management LLC acquired a new position in VTEX in the 3rd quarter valued at about $41,000. nVerses Capital LLC acquired a new position in VTEX in the 4th quarter valued at about $49,000. Finally, Virtu Financial LLC acquired a new position in VTEX in the 3rd quarter valued at about $51,000. Institutional investors and hedge funds own 63.69% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on VTEX shares. Brean Capital upgraded shares of VTEX from a “hold” rating to a “buy” rating and set a $5.00 price objective on the stock in a research report on Wednesday, March 11th. UBS Group lowered shares of 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 upgraded shares of VTEX from a “buy” rating to a “strong-buy” rating in a research report on Sunday. Finally, Weiss Ratings lowered shares of VTEX from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, April 7th. Four research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, VTEX currently has a consensus rating of “Hold” 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.