VTEX (NYSE:VTEX) CEO Sells $20,289.76 in Stock

VTEX (NYSE:VTEX) CEO De Faria Mariano Gomide sold 4,808 shares of the company’s stock in a transaction on Monday, July 20th. The stock was sold at an average price of $4.22, for a total transaction of $20,289.76. Following the sale, the chief executive officer directly owned 1,048,353 shares of the company’s stock, valued at approximately $4,424,049.66. This represents a 0.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link.

De Faria Mariano Gomide also recently made the following trade(s):

• On Monday, July 6th, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.06, for a total transaction of $19,520.48.
• On Monday, June 29th, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.04, for a total transaction of $19,424.32.
• On Friday, June 26th, De Faria Mariano Gomide 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, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.00, for a total value of $19,232.00.
• On Thursday, May 7th, De Faria Mariano Gomide 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 Trading Up 4.4%

NYSE:VTEX traded up $0.18 during mid-day trading on Tuesday, hitting $4.39. 401,832 shares of the company’s stock traded hands, compared to its average volume of 1,298,575. The firm has a market capitalization of $749.29 million, a price-to-earnings ratio of 36.62, a price-to-earnings-growth ratio of 0.54 and a beta of 1.03. The firm has a 50 day moving average of $3.84 and a two-hundred day moving average of $3.70. VTEX has a 12 month low of $2.84 and a 12 month high of $6.24.

VTEX (NYSE:VTEX) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.03 by ($0.01). VTEX had a return on equity of 9.68% and a net margin of 9.40%.The business had revenue of $60.70 million during the quarter, compared to the consensus estimate of $60.65 million. As a group, equities research analysts expect that VTEX will post 0.19 earnings per share for the current year.

Institutional Investors Weigh In On VTEX

Institutional investors have recently bought and sold shares of the business. Polar Capital Holdings Plc increased its holdings in VTEX by 11.9% in the 3rd quarter. Polar Capital Holdings Plc now owns 7,034,043 shares of the company’s stock valued at $30,809,000 after buying an additional 748,712 shares during the period. Millennium Management LLC boosted its position in shares of VTEX by 36.6% during the 4th quarter. Millennium Management LLC now owns 2,091,811 shares of the company’s stock valued at $7,865,000 after acquiring an additional 560,828 shares in the last quarter. State Street Corp boosted its position in shares of VTEX by 7.7% during the 4th quarter. State Street Corp now owns 1,590,672 shares of the company’s stock valued at $5,981,000 after acquiring an additional 114,256 shares in the last quarter. Citadel Advisors LLC increased its stake in VTEX by 524.5% in the third 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 period. Finally, Jacobs Levy Equity Management Inc. bought a new stake in VTEX in the third quarter valued at about $4,412,000. Institutional investors and hedge funds own 63.69% of the company’s stock.

Analyst Upgrades and Downgrades

VTEX has been the subject of a number of research reports. UBS Group increased their price target on shares of VTEX from $4.00 to $4.10 and gave the company a “neutral” rating in a report on Friday, May 8th. Weiss Ratings upgraded shares of VTEX from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, July 16th. Finally, Wall Street Zen raised shares of VTEX from a “buy” rating to a “strong-buy” rating in a research report on Sunday, April 12th. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, VTEX has an average rating of “Moderate Buy” and an average price target of $5.18.

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.