VTEX (NYSE:VTEX) CEO Sells $19,472.40 in Stock

VTEX (NYSE:VTEX) CEO De Faria Mariano Gomide sold 4,808 shares of the company’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $4.05, for a total transaction of $19,472.40. Following the completion of the transaction, the chief executive officer owned 1,033,929 shares in the company, valued at approximately $4,187,412.45. This represents a 0.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

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

• On Monday, August 3rd, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.40, for a total transaction of $21,155.20.
• On Monday, July 27th, 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 transaction of $19,280.08.
• On Monday, July 20th, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.22, for a total transaction of $20,289.76.
• On Monday, July 6th, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.06, for a total transaction of $19,520.48.
• On Monday, June 29th, 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 Friday, June 26th, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.00, for a total transaction of $19,232.00.
• On Monday, June 1st, De Faria Mariano Gomide 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.

VTEX Trading Down 1.7%

Shares of VTEX stock opened at $3.81 on Friday. VTEX has a 12-month low of $2.84 and a 12-month high of $4.73. The company has a market capitalization of $648.71 million, a PE ratio of 23.78, a price-to-earnings-growth ratio of 0.54 and a beta of 1.02. The firm has a 50 day moving average price of $3.97 and a two-hundred day moving average price of $3.77. The company has a quick ratio of 2.91, a current ratio of 2.91 and a debt-to-equity ratio of 0.02.

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

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Price T Rowe Associates Inc. MD raised its position in shares of VTEX by 11.7% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 32,306 shares of the company’s stock valued at $122,000 after buying an additional 3,389 shares in the last quarter. Van ECK Associates Corp boosted its stake in shares of VTEX by 18.5% in the third quarter. Van ECK Associates Corp now owns 30,759 shares of the company’s stock valued at $135,000 after buying an additional 4,802 shares during the period. Barclays PLC grew its position in VTEX by 6.3% during the fourth quarter. Barclays PLC now owns 87,792 shares of the company’s stock worth $330,000 after buying an additional 5,169 shares in the last quarter. Summit Securities Group LLC acquired a new stake in VTEX during the first quarter worth approximately $29,000. Finally, MQS Management LLC increased its stake in VTEX by 59.0% during the 4th quarter. MQS Management LLC now owns 23,512 shares of the company’s stock worth $88,000 after acquiring an additional 8,722 shares during the period. 63.69% of the stock is owned by institutional investors.

Analyst Ratings Changes

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

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.