VTEX (NYSE:VTEX) CEO De Faria Mariano Gomide Sells 4,808 Shares

VTEX (NYSE:VTEX) CEO De Faria Mariano Gomide sold 4,808 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $4.40, for a total transaction of $21,155.20. Following the completion of the sale, the chief executive officer directly owned 1,038,737 shares of the company’s stock, valued at $4,570,442.80. The trade was a 0.46% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

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

• On Monday, July 27th, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.01, for a total value of $19,280.08.
• On Monday, July 20th, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.22, for a total transaction of $20,289.76.
• On Monday, July 6th, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.06, for a total value 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 value of $19,424.32.
• On Friday, June 26th, 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 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 transaction of $19,232.00.
• On Thursday, May 7th, De Faria Mariano Gomide 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 Stock Down 1.2%

Shares of VTEX stock opened at $4.38 on Thursday. The business has a 50-day simple moving average of $3.95 and a 200-day simple moving average of $3.74. The stock has a market cap of $745.89 million, a PE ratio of 36.46, a price-to-earnings-growth ratio of 0.61 and a beta of 1.02. VTEX has a 52-week low of $2.84 and a 52-week high of $6.00.

VTEX (NYSE:VTEX) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.01). The company had revenue of $60.70 million during the quarter, compared to analyst estimates of $60.65 million. VTEX had a net margin of 9.40% and a return on equity of 9.68%. Sell-side analysts anticipate that VTEX will post 0.19 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VTEX. Hsbc Holdings PLC purchased a new position in shares of VTEX in the first quarter worth about $2,302,000. Globeflex Capital L P purchased a new stake in VTEX during the 1st quarter valued at about $1,144,000. Banco BTG Pactual S.A. grew its stake in VTEX by 29.9% during the 4th quarter. Banco BTG Pactual S.A. now owns 604,100 shares of the company’s stock valued at $2,271,000 after acquiring an additional 139,100 shares in the last quarter. Sei Investments Co. acquired a new stake in VTEX in the 1st quarter valued at about $844,000. Finally, State of Wyoming purchased a new position in VTEX in the 1st quarter worth approximately $70,000. Hedge funds and other institutional investors own 63.69% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on VTEX shares. UBS Group increased their price target on shares of VTEX from $4.00 to $4.10 and gave the stock a “neutral” rating in a report on Friday, May 8th. Wall Street Zen upgraded shares of VTEX from a “buy” rating to a “strong-buy” rating in a research report on Sunday, April 12th. Finally, Weiss Ratings cut VTEX from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, July 31st. Three analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, VTEX has an average rating of “Moderate Buy” and an average price target of $5.18.

About VTEX

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.