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

VTEX (NYSE:VTEX) CEO Geraldo Thomaz sold 4,808 shares of the business’s stock in a transaction dated Monday, October 12th. The shares were sold at an average price of $4.00, for a total value of $19,232.00. Following the completion of the sale, the chief executive officer owned 1,136,433 shares in the company, valued at approximately $4,545,732. This trade represents a 0.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

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

• On Monday, August 10th, Geraldo Thomaz sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.05, for a total value of $19,472.40.
• On Monday, August 3rd, Geraldo Thomaz 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, Geraldo Thomaz sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.01, for a total value of $19,280.08.
• On Monday, July 20th, Geraldo Thomaz 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.

VTEX Stock Down 2.5%

NYSE VTEX traded down $0.10 during trading on Wednesday, hitting $4.08. The stock had a trading volume of 980,696 shares, compared to its average volume of 1,166,434. The company has a market capitalization of $694.75 million, a PE ratio of 25.47, a P/E/G ratio of 0.50 and a beta of 0.94. The company’s 50-day moving average price is $3.72 and its two-hundred day moving average price is $3.84. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.91 and a current ratio of 2.91. VTEX has a 12 month low of $2.84 and a 12 month high of $4.62.

VTEX (NYSE:VTEX) last released its quarterly earnings results on Friday, August 7th. The company reported $0.06 earnings per share for the quarter, topping analysts’ consensus estimates of $0.05 by $0.01. The firm had revenue of $64.39 million during the quarter, compared to the consensus estimate of $64.69 million. VTEX had a return on equity of 12.98% and a net margin of 11.98%. As a group, sell-side analysts forecast that VTEX will post 0.21 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Summit Securities Group LLC bought a new position in VTEX during the 1st quarter worth $29,000. AXQ Capital LP acquired a new stake in shares of VTEX during the second quarter worth $47,000. Corient Private Wealth LP bought a new stake in shares of VTEX in the second quarter valued at about $58,000. Public Employees Retirement System of Ohio bought a new stake in shares of VTEX in the second quarter valued at about $67,000. Finally, State of Wyoming bought a new stake in shares of VTEX in the first quarter valued at about $70,000. 63.69% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently commented on VTEX. Weiss Ratings cut shares of VTEX from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, July 31st. Bradesco Corretora downgraded 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. Morgan Stanley set a $4.00 price target on shares of VTEX and gave the company an “equal weight” rating in a research note on Friday, August 28th. Wall Street Zen cut shares of VTEX from a “strong-buy” rating to a “buy” rating in a research report on Sunday. Finally, Itau BBA Securities reissued a “market perform” rating and set a $4.50 price target on shares of VTEX in a research report on Tuesday, August 25th. Three equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $4.69.

About VTEX

VTEX is a global digital commerce technology company that provides a cloud-based platform for retailers and consumer brands. Its software is designed to support online stores, marketplaces and unified commerce operations, helping businesses manage digital sales across multiple channels and customer touchpoints.

The VTEX platform includes capabilities for catalog and content management, pricing and promotions, checkout, payments, order management, customer experience and marketplace operations.