VTEX (NYSE:VTEX) Stock: Insider Carmo Thomaz Junior Geraldo Do Sells 4,808 Shares

VTEX (NYSE:VTEX) CEO Geraldo Thomaz sold 4,808 shares of the business’s stock in a transaction that occurred on Monday, October 12th. The stock was sold at an average price of $4.00, for a total value of $19,232.00. Following the completion of the sale, the chief executive officer directly owned 1,136,433 shares in the company, valued at approximately $4,545,732. This represents a 0.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Carmo Thomaz Junior Geraldo Do also recently made the following trade(s):

• On Monday, August 10th, Geraldo Thomaz sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.05, for a total value of $19,472.40.
• On Monday, August 3rd, Geraldo Thomaz sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.40, for a total value of $21,155.20.
• On Monday, July 27th, Geraldo Thomaz 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, July 20th, Geraldo Thomaz sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.22, for a total value of $20,289.76.

VTEX Stock Up 4.6%

Shares of NYSE:VTEX opened at $4.25 on Friday. The stock has a fifty day simple moving average of $3.72 and a two-hundred day simple moving average of $3.85. The stock has a market capitalization of $723.73 million, a price-to-earnings ratio of 26.53, a PEG ratio of 0.51 and a beta of 0.94. VTEX has a 12-month low of $2.84 and a 12-month high of $4.62. The company has a current ratio of 2.91, a quick ratio of 2.91 and a debt-to-equity ratio of 0.02.

VTEX (NYSE:VTEX) last released its earnings results on Friday, August 7th. The company reported $0.06 EPS for the quarter, topping the consensus estimate 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, research analysts anticipate that VTEX will post 0.21 earnings per share for the current fiscal year.

Hedge Funds Weigh In On VTEX

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Corient Private Wealth LP purchased a new stake in VTEX during the 2nd quarter valued at $58,000. AXQ Capital LP bought a new stake in shares of VTEX in the 2nd quarter worth $47,000. Public Employees Retirement System of Ohio purchased a new position in shares of VTEX in the second quarter worth $67,000. Globeflex Capital L P purchased a new position in shares of VTEX in the second quarter worth $1,144,000. Finally, Bank of America Corp DE raised its stake in shares of VTEX by 56.0% in the first quarter. Bank of America Corp DE now owns 683,062 shares of the company’s stock worth $2,732,000 after purchasing an additional 245,306 shares during the last quarter. 63.69% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages recently issued reports on VTEX. Morgan Stanley set a $4.00 price target on shares of VTEX and gave the stock an “equal weight” rating in a research note on Friday, August 28th. Weiss Ratings downgraded shares of VTEX from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, July 31st. Bradesco Corretora lowered shares of VTEX to a “neutral” rating and set a $4.50 price objective for the company. in a research note on Friday, August 7th. Wall Street Zen lowered shares of VTEX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, October 11th. Finally, Itau BBA Securities reaffirmed a “market perform” rating and issued a $4.50 target price on shares of VTEX in a report on Tuesday, August 25th. Two research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, VTEX presently has a consensus rating of “Hold” and a consensus price target of $4.60.

VTEX Company Profile

VTEX is a global digital commerce technology company that provides a cloud-based platform for retailers and consumer brands. Its software is designed to support online stores, marketplaces and unified commerce operations, helping businesses manage digital sales across multiple channels and customer touchpoints.

The VTEX platform includes capabilities for catalog and content management, pricing and promotions, checkout, payments, order management, customer experience and marketplace operations.