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

VTEX (NYSE:VTEX) CEO De Faria Mariano Gomide sold 4,808 shares of the business’s stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $4.01, for a total value of $19,280.08. Following the transaction, the chief executive officer directly owned 142,201 shares in the company, valued at approximately $570,226.01. This represents a 3.27% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

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

• On Monday, April 27th, 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 value of $19,280.08.
• On Monday, April 20th, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.16, for a total value of $20,001.28.
• On Monday, April 13th, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.03, for a total value of $19,376.24.
• On Monday, April 6th, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.04, for a total value of $19,424.32.
• On Tuesday, March 31st, De Faria Mariano Gomide 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 7.9%

Shares of VTEX stock opened at $3.45 on Tuesday. VTEX has a twelve month low of $2.84 and a twelve month high of $6.82. The stock has a market capitalization of $587.32 million, a price-to-earnings ratio of 28.71, a P/E/G ratio of 0.54 and a beta of 1.05. The stock has a fifty day simple moving average of $3.93 and a two-hundred day simple moving average of $3.78.

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

Analyst Ratings Changes

Several research analysts have recently commented on the company. Wall Street Zen raised VTEX from a “buy” rating to a “strong-buy” rating in a research report on Sunday, April 12th. UBS Group boosted their price target on VTEX from $4.00 to $4.10 and gave the stock a “neutral” rating in a research report on Friday. Weiss Ratings lowered VTEX from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday. Finally, Brean Capital upgraded VTEX from a “hold” rating to a “buy” rating and set a $5.00 target price for the company in a research note on Wednesday, March 11th. Four analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $5.98.

Institutional Investors Weigh In On VTEX

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of VTEX by 37.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 36,822 shares of the company’s stock worth $187,000 after buying an additional 10,110 shares during the period. Goldman Sachs Group Inc. lifted its holdings in VTEX by 61.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 220,758 shares of the company’s stock worth $1,119,000 after buying an additional 84,189 shares during the last quarter. Jane Street Group LLC increased its position in shares of VTEX by 1,570.1% during the first quarter. Jane Street Group LLC now owns 187,146 shares of the company’s stock worth $949,000 after purchasing an additional 175,940 shares in the last quarter. Geode Capital Management LLC acquired a new stake in shares of VTEX during the second quarter worth about $4,543,000. Finally, Rhumbline Advisers acquired a new stake in shares of VTEX during the second quarter worth about $392,000. 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.