VTEX (NYSE:VTEX) CEO Sells 4,808 Shares of Company Stock

VTEX (NYSE:VTEX) CEO Geraldo Thomaz sold 4,808 shares of the company’s stock in a transaction dated Monday, October 19th. The stock was sold at an average price of $4.09, for a total transaction of $19,664.72. Following the sale, the chief executive officer directly owned 1,131,625 shares of the company’s stock, valued at $4,628,346.25. This represents a 0.42% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Monday, October 12th, Geraldo Thomaz sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.00, for a total transaction of $19,232.00.
• On Monday, August 10th, Geraldo Thomaz sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.05, for a total transaction of $19,472.40.
• On Monday, August 3rd, Geraldo Thomaz sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.40, for a total transaction of $21,155.20.
• On Monday, July 27th, Geraldo Thomaz 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 Price Performance

Shares of VTEX stock traded up $0.04 on Tuesday, reaching $4.21. 129,103 shares of the stock were exchanged, compared to its average volume of 1,154,378. The firm’s 50 day moving average is $3.72 and its 200-day moving average is $3.85. VTEX has a one year low of $2.84 and a one year high of $4.62. 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 firm has a market cap of $718.62 million, a PE ratio of 26.35, a P/E/G ratio of 0.53 and a beta of 0.94.

VTEX (NYSE:VTEX) last announced its quarterly earnings data on Friday, August 7th. The company reported $0.06 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $64.69 million. As a group, analysts anticipate that VTEX will post 0.21 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have recently issued reports on VTEX. Bradesco Corretora lowered VTEX to a “neutral” rating and set a $4.50 price target on the stock. in a research note on Friday, August 7th. Morgan Stanley set a $4.00 price objective on VTEX and gave the company an “equal weight” rating in a research note on Friday, August 28th. Weiss Ratings cut VTEX from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, July 31st. Wall Street Zen downgraded VTEX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, October 11th. Finally, Itau BBA Securities reissued a “market perform” rating and issued a $4.50 target price on shares of VTEX in a report on Tuesday, August 25th. Two investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $4.60.

Hedge Funds Weigh In On VTEX

A number of hedge funds have recently made changes to their positions in the stock. Bank of America Corp DE boosted its position in VTEX by 56.0% during the first quarter. Bank of America Corp DE now owns 683,062 shares of the company’s stock valued at $2,732,000 after acquiring an additional 245,306 shares during the last quarter. Hsbc Holdings PLC bought a new position in shares of VTEX in the 1st quarter worth $2,302,000. Principal Financial Group Inc. grew its holdings in shares of VTEX by 32.2% during the first quarter. Principal Financial Group Inc. now owns 330,139 shares of the company’s stock valued at $1,321,000 after buying an additional 80,460 shares during the last quarter. Globeflex Capital L P bought a new stake in VTEX during the 1st quarter worth approximately $1,144,000. Finally, Sei Investments Co. purchased a new stake in VTEX in the 1st quarter valued at $844,000. 63.69% of the stock is currently owned by institutional investors.

VTEX Company Profile

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.