VTEX (NYSE:VTEX) CEO Carmo Thomaz Junior Geraldo Do Sells 4,808 Shares of Stock

VTEX (NYSE:VTEX) CEO Carmo Thomaz Junior Geraldo Do sold 4,808 shares of the firm’s stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $4.01, for a total transaction of $19,280.08. Following the transaction, the chief executive officer directly owned 1,247,303 shares of the company’s stock, valued at $5,001,685.03. This represents a 0.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Monday, July 20th, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.22, for a total transaction of $20,289.76.
• On Monday, July 6th, Carmo Thomaz Junior Geraldo Do 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, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.04, for a total transaction of $19,424.32.
• On Friday, June 26th, Carmo Thomaz Junior Geraldo Do 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, Carmo Thomaz Junior Geraldo Do 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, Carmo Thomaz Junior Geraldo Do 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.

VTEX Price Performance

Shares of NYSE VTEX opened at $4.53 on Thursday. The business has a 50-day moving average of $3.88 and a 200-day moving average of $3.72. The stock has a market capitalization of $771.47 million, a price-to-earnings ratio of 37.71, a PEG ratio of 0.61 and a beta of 1.03. VTEX has a fifty-two week low of $2.84 and a fifty-two week high of $6.23.

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). The company had revenue of $60.70 million for 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%. On average, sell-side analysts expect that VTEX will post 0.19 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts have commented on VTEX shares. Weiss Ratings upgraded shares of VTEX from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, July 16th. UBS Group lifted their price target on VTEX from $4.00 to $4.10 and gave the stock a “neutral” rating in a report on Friday, May 8th. Finally, Wall Street Zen raised 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 assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, VTEX presently has an average rating of “Moderate Buy” and an average price target of $5.18.

Hedge Funds Weigh In On VTEX

Several institutional investors and hedge funds have recently modified their holdings of VTEX. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of VTEX by 37.8% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 36,822 shares of the company’s stock worth $187,000 after buying an additional 10,110 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in VTEX by 61.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 220,758 shares of the company’s stock valued at $1,119,000 after buying an additional 84,189 shares during the last quarter. Jane Street Group LLC grew its stake in VTEX by 1,570.1% in the 1st quarter. Jane Street Group LLC now owns 187,146 shares of the company’s stock valued at $949,000 after buying an additional 175,940 shares during the last quarter. Geode Capital Management LLC bought a new position in VTEX in the 2nd quarter valued at about $4,543,000. Finally, Rhumbline Advisers bought a new position in VTEX in the 2nd quarter valued at about $392,000. 63.69% of the stock is currently owned by institutional investors and hedge funds.

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.