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

VTEX (NYSE:VTEX) CEO De Faria Mariano Gomide sold 4,808 shares of the stock in a transaction that occurred on Monday, July 20th. The stock was sold at an average price of $4.22, for a total transaction of $20,289.76. Following the sale, the chief executive officer directly owned 1,048,353 shares of the company’s stock, valued at approximately $4,424,049.66. This trade represents a 0.46% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

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

• On Monday, July 27th, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.01, for a total transaction of $19,280.08.
• 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 stock was 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 stock was 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 shares were sold at an average price of $4.00, for a total transaction of $19,232.00.
• On Thursday, May 7th, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.01, for a total transaction of $19,280.08.

VTEX Trading Up 3.5%

NYSE:VTEX opened at $4.53 on Thursday. The firm’s fifty day simple moving average is $3.88 and its 200 day simple moving average is $3.72. VTEX has a twelve month low of $2.84 and a twelve month high of $6.23. The firm has a market capitalization of $771.47 million, a price-to-earnings ratio of 37.71, a PEG ratio of 0.61 and a beta of 1.03.

VTEX (NYSE:VTEX) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.01). VTEX had a net margin of 9.40% and a return on equity of 9.68%. The company had revenue of $60.70 million during the quarter, compared to analyst estimates of $60.65 million. On average, analysts predict that VTEX will post 0.19 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts recently commented on VTEX shares. Wall Street Zen upgraded VTEX from a “buy” rating to a “strong-buy” rating in a report on Sunday, April 12th. Weiss Ratings raised shares of VTEX from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, July 16th. Finally, UBS Group upped their target price on shares of VTEX from $4.00 to $4.10 and gave the company a “neutral” rating in a research note on Friday, May 8th. Three investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $5.18.

Institutional Investors Weigh In On VTEX

Several hedge funds and other institutional investors have recently bought and sold shares of VTEX. Millennium Management LLC raised its position in shares of VTEX by 202.5% in the 3rd quarter. Millennium Management LLC now owns 1,530,983 shares of the company’s stock valued at $6,706,000 after purchasing an additional 1,024,911 shares in the last quarter. Jacobs Levy Equity Management Inc. acquired a new stake in shares of VTEX during the third quarter worth approximately $4,412,000. Citadel Advisors LLC grew its position in shares of VTEX by 524.5% during the third quarter. Citadel Advisors LLC now owns 1,012,225 shares of the company’s stock worth $4,434,000 after buying an additional 850,132 shares in the last quarter. Polar Capital Holdings Plc increased its stake in shares of VTEX by 11.9% in the third quarter. Polar Capital Holdings Plc now owns 7,034,043 shares of the company’s stock worth $30,809,000 after buying an additional 748,712 shares during the last quarter. Finally, BW Gestao de Investimentos Ltda. raised its holdings in VTEX by 1,301.0% in the second quarter. BW Gestao de Investimentos Ltda. now owns 746,757 shares of the company’s stock valued at $4,929,000 after acquiring an additional 693,457 shares in the last quarter. 63.69% of the stock is currently owned by hedge funds and other institutional investors.

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.