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, November 2nd. The stock was sold at an average price of $4.00, for a total value of $19,232.00. Following the transaction, the chief executive officer directly owned 1,122,009 shares in the company, valued at $4,488,036. This trade represents a 0.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Monday, October 26th, Geraldo Thomaz 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, October 19th, Geraldo Thomaz sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.09, for a total value of $19,664.72.
• On Monday, October 12th, Geraldo Thomaz sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.00, for a total value of $19,232.00.
• 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 transaction of $19,472.40.

VTEX Trading Up 4.7%

Shares of VTEX stock opened at $4.16 on Thursday. VTEX has a 12-month low of $2.84 and a 12-month high of $4.60. The company has a market capitalization of $708.39 million, a PE ratio of 25.97, a price-to-earnings-growth ratio of 0.54 and a beta of 1.05. The firm has a 50 day moving average price of $3.81 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 released its quarterly earnings results on Friday, August 7th. The company reported $0.06 earnings per share 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 during the quarter, compared to analysts’ expectations of $64.69 million. As a group, analysts predict that VTEX will post 0.21 earnings per share for the current year.

Institutional Investors Weigh In On VTEX

Hedge funds have recently added to or reduced their stakes in the business. Bank of America Corp DE boosted its stake in shares of VTEX by 56.0% in the 1st quarter. Bank of America Corp DE now owns 683,062 shares of the company’s stock valued at $2,732,000 after purchasing an additional 245,306 shares during the last quarter. Hsbc Holdings PLC acquired a new position in shares of VTEX in the 1st quarter valued at about $2,302,000. Principal Financial Group Inc. lifted its stake in shares of VTEX by 32.2% in the 1st quarter. Principal Financial Group Inc. now owns 330,139 shares of the company’s stock valued at $1,321,000 after purchasing an additional 80,460 shares during the period. Globeflex Capital L P bought a new stake in shares of VTEX during the 1st quarter valued at about $1,144,000. Finally, Sei Investments Co. bought a new stake in VTEX in the first quarter worth approximately $844,000. 63.69% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the company. Itau BBA Securities lowered VTEX from an “outperform” rating to a “market perform” rating and set a $4.50 target price on the stock. in a report on Tuesday, August 25th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of VTEX in a report on Thursday, October 29th. Wall Street Zen downgraded shares of VTEX from a “strong-buy” rating to a “buy” rating in a research report on Sunday, October 11th. Morgan Stanley downgraded VTEX from an “overweight” rating to an “equal weight” rating and set a $4.00 target price on the stock. in a report on Friday, August 28th. Finally, Jefferies Financial Group reissued a “buy” rating and set a $5.10 price target on shares of VTEX in a report on Thursday, August 27th. Two research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price 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.