VTEX (NYSE:VTEX) CEO Sells $19,376.24 in Stock

VTEX (NYSE:VTEX) CEO Carmo Thomaz Junior Geraldo Do sold 4,808 shares of the business’s stock in a transaction that occurred on Monday, April 13th. The shares were sold at an average price of $4.03, for a total value of $19,376.24. Following the transaction, the chief executive officer owned 271,835 shares of the company’s stock, valued at $1,095,495.05. This represents a 1.74% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Monday, April 6th, Carmo Thomaz Junior Geraldo Do 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 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 Trading Up 1.6%

Shares of VTEX stock opened at $4.11 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.04 and a current ratio of 3.04. VTEX has a 1 year low of $2.84 and a 1 year high of $6.82. The stock has a fifty day moving average of $3.66 and a two-hundred day moving average of $3.83. The firm has a market capitalization of $710.12 million, a PE ratio of 37.32, a price-to-earnings-growth ratio of 0.59 and a beta of 1.17.

VTEX (NYSE:VTEX) last announced its quarterly earnings results 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 company had revenue of $67.95 million during the quarter, compared to analyst estimates of $68.11 million. As a group, research analysts expect that VTEX will post 0.08 EPS for the current year.

Institutional Trading of VTEX

Hedge funds and other institutional investors have recently modified their holdings of the company. ProShare Advisors LLC bought a new stake in shares of VTEX in the 4th quarter worth $39,000. Ieq Capital LLC bought a new stake in shares of VTEX in the 4th quarter worth $41,000. Aquatic Capital Management LLC bought a new stake in shares of VTEX in the 3rd quarter worth $41,000. nVerses Capital LLC bought a new stake in shares of VTEX in the 4th quarter worth $49,000. Finally, Virtu Financial LLC bought a new stake in shares of VTEX in the 3rd quarter worth $51,000. Institutional investors own 63.69% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have issued reports on VTEX. Weiss Ratings lowered VTEX from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, April 7th. Wall Street Zen upgraded VTEX from a “buy” rating to a “strong-buy” rating in a research report on Sunday, April 12th. UBS Group lowered VTEX from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $8.00 to $4.00 in a research report on Wednesday, January 14th. Finally, Brean Capital upgraded VTEX from a “hold” rating to a “buy” rating and set a $5.00 price target for the company in a research report on Wednesday, March 11th. Four research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, VTEX has a consensus rating of “Hold” and a consensus 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.