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

VTEX (NYSE:VTEX) CEO De Faria Mariano Gomide sold 4,808 shares of the company’s stock in a transaction on Monday, July 27th. The stock was sold at an average price of $4.01, for a total value of $19,280.08. Following the sale, the chief executive officer directly owned 1,043,545 shares in the company, valued at $4,184,615.45. This represents a 0.46% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

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

• On Monday, July 20th, De Faria Mariano Gomide 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.
• On Monday, July 6th, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.06, for a total value 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 value of $19,424.32.
• On Friday, June 26th, 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 Monday, June 1st, 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 value of $19,232.00.
• On Thursday, May 7th, 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.

VTEX Stock Up 3.5%

Shares of NYSE:VTEX opened at $4.53 on Thursday. VTEX has a fifty-two week low of $2.84 and a fifty-two week high of $6.23. The firm’s 50 day moving average price is $3.88 and its 200 day moving average price is $3.72. The stock has a market cap of $771.47 million, a price-to-earnings ratio of 37.71, a price-to-earnings-growth ratio of 0.61 and a beta of 1.03.

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

Institutional Investors Weigh In On VTEX

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Polar Capital Holdings Plc lifted its holdings in shares of VTEX by 11.9% in the 3rd quarter. Polar Capital Holdings Plc now owns 7,034,043 shares of the company’s stock valued at $30,809,000 after purchasing an additional 748,712 shares during the last quarter. Millennium Management LLC boosted its stake in VTEX by 36.6% during the 4th quarter. Millennium Management LLC now owns 2,091,811 shares of the company’s stock worth $7,865,000 after purchasing an additional 560,828 shares during the period. State Street Corp increased its stake in VTEX by 7.7% in the fourth quarter. State Street Corp now owns 1,590,672 shares of the company’s stock valued at $5,981,000 after purchasing an additional 114,256 shares during the period. Citadel Advisors LLC raised its holdings in shares of VTEX by 524.5% in the third quarter. Citadel Advisors LLC now owns 1,012,225 shares of the company’s stock valued at $4,434,000 after buying an additional 850,132 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. acquired a new stake in shares of VTEX during the third quarter worth about $4,412,000. 63.69% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

About VTEX

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.