Andre Spolidoro Ferreira Gomes Sells 3,000 Shares of VTEX (NYSE:VTEX) Stock

VTEX (NYSE:VTEX) insider Andre Spolidoro Ferreira Gomes sold 3,000 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $3.57, for a total value of $10,710.00. Following the completion of the transaction, the insider directly owned 298,431 shares of the company’s stock, valued at $1,065,398.67. The trade was a 1.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Andre Spolidoro Ferreira Gomes also recently made the following trade(s):

• On Monday, August 10th, Andre Spolidoro Ferreira Gomes sold 15,000 shares of VTEX stock. The stock was sold at an average price of $4.04, for a total value of $60,600.00.

VTEX Stock Up 2.7%

VTEX opened at $3.63 on Thursday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.91 and a current ratio of 2.91. The company has a market cap of $619.73 million, a price-to-earnings ratio of 22.72, a PEG ratio of 0.49 and a beta of 1.02. VTEX has a one year low of $2.84 and a one year high of $4.73. The business’s fifty day moving average is $3.98 and its two-hundred day moving average is $3.78.

VTEX (NYSE:VTEX) last announced its quarterly earnings results on Friday, August 7th. The company reported $0.06 earnings per share for the quarter, beating analysts’ consensus estimates of $0.05 by $0.01. The business had revenue of $64.39 million during the quarter, compared to analysts’ expectations of $64.69 million. VTEX had a return on equity of 12.98% and a net margin of 11.98%. Analysts anticipate that VTEX will post 0.19 EPS for the current fiscal year.

Wall Street Analyst Weigh In

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

Institutional Trading of VTEX

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Summit Securities Group LLC acquired a new position in VTEX in the 1st quarter valued at about $29,000. State of Wyoming purchased a new position in shares of VTEX during the second quarter valued at approximately $59,000. Aquatic Capital Management LLC acquired a new stake in VTEX during the third quarter worth approximately $41,000. ProShare Advisors LLC acquired a new stake in VTEX during the fourth quarter worth approximately $39,000. Finally, Ieq Capital LLC acquired a new stake in VTEX during the fourth quarter worth approximately $41,000. 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.