VTEX (NYSE:VTEX) CEO Sells $19,424.32 in Stock

VTEX (NYSE:VTEX) CEO Carmo Thomaz Junior Geraldo Do sold 4,808 shares of the stock in a transaction on Monday, April 6th. The stock was sold at an average price of $4.04, for a total value of $19,424.32. Following the completion of the sale, the chief executive officer directly owned 276,643 shares in the company, valued at $1,117,637.72. This represents a 1.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Tuesday, March 31st, 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 value of $19,280.08.

VTEX Stock Performance

VTEX stock traded up $0.02 on Wednesday, reaching $3.98. The company’s stock had a trading volume of 727,832 shares, compared to its average volume of 1,196,379. VTEX has a 52 week low of $2.84 and a 52 week high of $6.82. The company has a market capitalization of $687.65 million, a P/E ratio of 36.14, a price-to-earnings-growth ratio of 0.59 and a beta of 1.17. The firm has a fifty day moving average of $3.54 and a two-hundred day moving average of $3.84. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.04 and a quick ratio of 3.04.

VTEX (NYSE:VTEX) last issued its quarterly earnings data on Thursday, February 26th. The company reported $0.05 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.05. VTEX had a return on equity of 8.24% and a net margin of 8.32%.The business had revenue of $67.95 million during the quarter, compared to analyst estimates of $68.11 million. As a group, analysts predict that VTEX will post 0.08 EPS for the current fiscal year.

Institutional Investors Weigh In On VTEX

A number of institutional investors and hedge funds have recently modified their holdings of VTEX. Millennium Management LLC lifted its position in shares of VTEX by 202.5% during the 3rd quarter. Millennium Management LLC now owns 1,530,983 shares of the company’s stock valued at $6,706,000 after acquiring an additional 1,024,911 shares during the last quarter. Jacobs Levy Equity Management Inc. acquired a new stake in shares of VTEX during the 3rd quarter valued at $4,412,000. Citadel Advisors LLC lifted its position in shares of VTEX by 524.5% during the 3rd quarter. Citadel Advisors LLC now owns 1,012,225 shares of the company’s stock valued at $4,434,000 after acquiring an additional 850,132 shares during the last quarter. Polar Capital Holdings Plc raised its stake in VTEX by 11.9% during 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 period. Finally, BW Gestao de Investimentos Ltda. raised its stake in VTEX by 1,301.0% during the 2nd quarter. BW Gestao de Investimentos Ltda. now owns 746,757 shares of the company’s stock valued at $4,929,000 after purchasing an additional 693,457 shares during the period. Institutional investors and hedge funds own 63.69% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Brean Capital raised VTEX from a “hold” rating to a “buy” rating and set a $5.00 price objective for the company in a report on Wednesday, March 11th. UBS Group downgraded VTEX from a “buy” rating to a “neutral” rating and cut their target price for the stock from $8.00 to $4.00 in a research report on Wednesday, January 14th. Weiss Ratings downgraded VTEX from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday. Finally, Wall Street Zen downgraded VTEX from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Four research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $5.97.

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.