Carmo Thomaz Junior Geraldo Do Sells 4,808 Shares of VTEX (NYSE:VTEX) Stock

VTEX (NYSE:VTEX) CEO Carmo Thomaz Junior Geraldo Do sold 4,808 shares of the company’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $4.05, for a total transaction of $19,472.40. Following the completion of the sale, the chief executive officer directly owned 1,237,687 shares in the company, valued at $5,012,632.35. This trade represents a 0.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Monday, August 3rd, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.40, for a total value of $21,155.20.
• On Monday, July 27th, Carmo Thomaz Junior Geraldo Do 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, July 20th, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.22, for a total transaction of $20,289.76.
• On Monday, July 6th, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.06, for a total value of $19,520.48.
• On Monday, June 29th, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.04, for a total value of $19,424.32.
• On Friday, June 26th, Carmo Thomaz Junior Geraldo Do 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 Monday, June 1st, Carmo Thomaz Junior Geraldo Do 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.

VTEX Trading Down 1.8%

VTEX stock opened at $3.86 on Thursday. VTEX has a 12-month low of $2.84 and a 12-month high of $4.73. The business’s 50-day moving average is $3.97 and its 200 day moving average is $3.77. The company has a current ratio of 2.91, a quick ratio of 2.91 and a debt-to-equity ratio of 0.02. The stock has a market cap of $658.09 million, a price-to-earnings ratio of 24.13, a PEG ratio of 0.54 and a beta of 1.02.

VTEX (NYSE:VTEX) last released its earnings results on Thursday, August 6th. The company reported $0.06 earnings per share (EPS) for the quarter, topping 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 business had revenue of $64.39 million during the quarter, compared to analyst estimates of $64.69 million. On average, sell-side analysts anticipate that VTEX will post 0.19 EPS for the current fiscal year.

Hedge Funds Weigh In On VTEX

Institutional investors have recently modified their holdings of the business. Summit Securities Group LLC acquired a new stake in shares of VTEX in the first quarter valued at $29,000. ProShare Advisors LLC acquired a new position in VTEX during the 4th quarter worth $39,000. Aquatic Capital Management LLC acquired a new position in VTEX during the 3rd quarter worth $41,000. Ieq Capital LLC purchased a new stake in VTEX during the 4th quarter worth about $41,000. Finally, nVerses Capital LLC purchased a new stake in VTEX during the 4th quarter worth about $49,000. Institutional investors and hedge funds own 63.69% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on VTEX shares. UBS Group lifted their target price on VTEX from $4.00 to $4.10 and gave the company a “neutral” rating in a research report on Friday, May 8th. Weiss Ratings cut VTEX from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, July 31st. Finally, Bradesco Corretora downgraded VTEX to a “neutral” rating and set a $4.50 price objective for the company. in a research report on Friday, August 7th. Three equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $5.07.

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.