Insider Selling: VTEX (NYSE:VTEX) CEO Sells $19,232.00 in Stock

VTEX (NYSE:VTEX) CEO De Faria Mariano Gomide sold 4,808 shares of the firm’s stock in a transaction that occurred on Friday, June 26th. The shares were sold at an average price of $4.00, for a total value of $19,232.00. Following the completion of the transaction, the chief executive officer owned 1,067,585 shares of the company’s stock, valued at approximately $4,270,340. The trade was a 0.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• 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 value of $19,424.32.
• 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 value 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.
• On Monday, April 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, April 20th, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.16, for a total transaction of $20,001.28.
• On Monday, April 13th, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.03, for a total transaction of $19,376.24.
• On Monday, April 6th, 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 Tuesday, March 31st, 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 Stock Up 3.8%

VTEX stock opened at $4.15 on Thursday. VTEX has a twelve month low of $2.84 and a twelve month high of $6.82. The company has a market capitalization of $708.22 million, a P/E ratio of 34.62, a PEG ratio of 0.55 and a beta of 1.03. The stock’s 50 day moving average is $3.74 and its 200 day moving average is $3.66.

VTEX (NYSE:VTEX) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $60.65 million. As a group, equities analysts expect that VTEX will post 0.19 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages recently issued reports on VTEX. UBS Group upped their price target on shares of VTEX from $4.00 to $4.10 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Weiss Ratings raised shares of VTEX from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, May 21st. Brean Capital upgraded shares of VTEX from a “hold” rating to a “buy” rating and set a $5.00 price target on the stock in a report on Wednesday, March 11th. Finally, Wall Street Zen raised shares of VTEX from a “buy” rating to a “strong-buy” rating in a research report on Sunday, April 12th. Three 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 an average rating of “Moderate Buy” and a consensus target price of $5.18.

Institutional Trading of VTEX

Large investors have recently made changes to their positions in the stock. Summit Securities Group LLC purchased a new position in shares of VTEX during the first quarter valued at approximately $29,000. State of Wyoming purchased a new stake in VTEX in the second quarter worth approximately $59,000. Aquatic Capital Management LLC bought a new stake in VTEX in the 3rd quarter worth approximately $41,000. ProShare Advisors LLC bought a new stake in VTEX in the 4th quarter worth approximately $39,000. Finally, Ieq Capital LLC purchased a new stake in VTEX during the 4th quarter valued at $41,000. 63.69% of the stock is currently owned by 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.