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

VTEX (NYSE:VTEX) CEO De Faria Mariano Gomide sold 4,808 shares of the firm’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $4.00, for a total value of $19,232.00. Following the sale, the chief executive officer owned 137,393 shares in the company, valued at approximately $549,572. The trade was a 3.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

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

• 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 value of $19,280.08.
• On Monday, April 27th, 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.
• On Monday, April 20th, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.16, for a total value of $20,001.28.
• On Monday, April 13th, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.03, for a total value of $19,376.24.
• On Monday, April 6th, 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 Tuesday, March 31st, 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 Stock Performance

Shares of VTEX stock opened at $3.73 on Friday. 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 $3.87 and a two-hundred day moving average of $3.70. The firm has a market capitalization of $635.25 million, a PE ratio of 31.05, a price-to-earnings-growth ratio of 0.54 and a beta of 1.05.

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

Institutional Investors Weigh In On VTEX

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Polar Capital Holdings Plc increased its holdings 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 in the last quarter. Millennium Management LLC increased its stake in shares of VTEX by 36.6% in the 4th quarter. Millennium Management LLC now owns 2,091,811 shares of the company’s stock valued at $7,865,000 after buying an additional 560,828 shares during the period. State Street Corp increased its stake in shares of VTEX by 7.7% in the 4th quarter. State Street Corp now owns 1,590,672 shares of the company’s stock valued at $5,981,000 after buying an additional 114,256 shares during the period. Citadel Advisors LLC grew its stake in shares of VTEX by 524.5% during the third quarter. Citadel Advisors LLC now owns 1,012,225 shares of the company’s stock worth $4,434,000 after purchasing an additional 850,132 shares during the period. Finally, Jacobs Levy Equity Management Inc. acquired a new stake in shares of VTEX during the third quarter worth $4,412,000. 63.69% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have weighed in on VTEX shares. Weiss Ratings raised VTEX from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, May 21st. Wall Street Zen raised shares of VTEX from a “buy” rating to a “strong-buy” rating in a report on Sunday, April 12th. UBS Group increased their target price on shares of VTEX from $4.00 to $4.10 and gave the company a “neutral” rating in a research note on Friday, May 8th. Finally, Brean Capital upgraded VTEX from a “hold” rating to a “buy” rating and set a $5.00 price objective for the company in a research report on Wednesday, March 11th. Four investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, VTEX presently has an average rating of “Moderate Buy” and an average target price of $5.98.

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.