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

VTEX (NYSE:VTEX) CEO Mariano Gomide de Faria sold 4,808 shares of VTEX stock in a transaction dated Monday, October 26th. The shares were sold at an average price of $4.03, for a total value of $19,376.24. Following the completion of the sale, the chief executive officer owned 899,505 shares of the company’s stock, valued at $3,625,005.15. The trade was a 0.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Monday, October 19th, Mariano Gomide de Faria sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.10, for a total transaction of $19,712.80.
• On Monday, October 12th, Mariano Gomide de Faria 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.
• On Monday, August 10th, Mariano Gomide de Faria sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.05, for a total transaction of $19,472.40.
• On Monday, August 3rd, Mariano Gomide de Faria sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.40, for a total transaction of $21,155.20.

VTEX Trading Down 0.9%

NYSE:VTEX opened at $3.87 on Thursday. The firm has a 50-day simple moving average of $3.77 and a 200-day simple moving average of $3.76. VTEX has a one year low of $2.84 and a one year high of $4.60. The firm has a market cap of $658.93 million, a P/E ratio of 24.16, a P/E/G ratio of 0.52 and a beta of 0.94. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.91 and a current ratio of 2.91.

VTEX (NYSE:VTEX) last released its quarterly earnings data 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 net margin of 11.98% and a return on equity of 12.98%. The firm had revenue of $64.39 million for the quarter, compared to the consensus estimate of $64.69 million. Equities analysts anticipate that VTEX will post 0.21 EPS for the current fiscal year.

Institutional Trading of VTEX

A number of institutional investors have recently made changes to their positions in VTEX. Kapitalo Investimentos Ltda purchased a new position in VTEX during the 3rd quarter worth $36,000. Corient Private Wealth LP acquired a new position in VTEX during the 2nd quarter valued at about $58,000. AXQ Capital LP acquired a new position in VTEX during the 2nd quarter valued at about $47,000. Public Employees Retirement System of Ohio purchased a new stake in VTEX in the second quarter valued at about $67,000. Finally, Globeflex Capital L P purchased a new stake in VTEX in the second quarter valued at about $1,144,000. Institutional investors and hedge funds own 63.69% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on VTEX shares. Wall Street Zen lowered VTEX from a “strong-buy” rating to a “buy” rating in a report on Sunday, October 11th. Itau BBA Securities downgraded VTEX from an “outperform” rating to a “market perform” rating and set a $4.50 price target on the stock. in a report on Tuesday, August 25th. Jefferies Financial Group reissued a “buy” rating and issued a $5.10 price target on shares of VTEX in a research report on Thursday, August 27th. Weiss Ratings cut VTEX from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, July 31st. Finally, Bradesco Corretora cut VTEX to a “neutral” rating and set a $4.50 price objective for the company. in a research note on Friday, August 7th. Two analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $4.60.

VTEX Company Profile

VTEX (NYSE: VTEX) is a global digital commerce technology company that provides software for businesses to create, operate and expand online sales channels. Its platform supports business-to-consumer, business-to-business and marketplace commerce, helping companies manage digital storefronts, catalogs, pricing, promotions, payments and customer experiences.

The company’s offerings include commerce management, an order management system, marketplace capabilities and tools designed to support headless and omnichannel retail strategies.