Sei Investments Co. Invests $844,000 in VTEX $VTEX

Sei Investments Co. acquired a new position in shares of VTEX (NYSE:VTEX) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 211,086 shares of the company’s stock, valued at approximately $844,000. Sei Investments Co. owned 0.12% of VTEX as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Summit Securities Group LLC acquired a new position in VTEX in the 1st quarter worth $29,000. ProShare Advisors LLC acquired a new stake in shares of VTEX in the 4th quarter valued at about $39,000. Ieq Capital LLC bought a new stake in shares of VTEX in the fourth quarter valued at about $41,000. Aquatic Capital Management LLC bought a new stake in shares of VTEX in the third quarter valued at about $41,000. Finally, nVerses Capital LLC acquired a new position in shares of VTEX during the fourth quarter worth about $49,000. 63.69% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts recently issued reports on VTEX shares. Bradesco Corretora downgraded VTEX to a “neutral” rating and set a $4.50 price objective for the company. in a report on Friday, August 7th. UBS Group boosted their target price on VTEX from $4.00 to $4.10 and gave the company a “neutral” rating in a research note on Friday, May 8th. Finally, Weiss Ratings cut shares of VTEX from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, July 31st. Three investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $5.07.

Insider Activity at VTEX

In other VTEX news, Director Alejandro Raul Scannapieco sold 15,937 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $3.59, for a total transaction of $57,213.83. Following the transaction, the director owned 9,965 shares of the company’s stock, valued at $35,774.35. The trade was a 61.53% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Andre Spolidoro Ferreira Gomes sold 15,000 shares of the company’s stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $4.04, for a total value of $60,600.00. Following the sale, the insider owned 301,431 shares in the company, valued at approximately $1,217,781.24. This represents a 4.74% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 109,365 shares of company stock worth $438,291 in the last ninety days. Insiders own 40.93% of the company’s stock.

VTEX Trading Down 1.7%

VTEX stock opened at $3.81 on Friday. The company has a market cap of $648.71 million, a price-to-earnings ratio of 23.78, a P/E/G ratio of 0.54 and a beta of 1.02. The firm has a 50-day moving average of $3.97 and a 200-day moving average of $3.77. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.91 and a quick ratio of 2.91. VTEX has a one year low of $2.84 and a one year high of $4.73.

VTEX (NYSE:VTEX) last released its earnings results on Friday, August 7th. The company reported $0.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.05 by $0.01. VTEX had a return on equity of 12.98% and a net margin of 11.98%.The business had revenue of $64.39 million for the quarter, compared to the consensus estimate of $64.69 million. On average, equities analysts expect that VTEX will post 0.19 earnings per share for the current fiscal year.

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.