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

VTEX (NYSE:VTEX) CEO Carmo Thomaz Junior Geraldo Do sold 4,808 shares of the firm’s stock in a transaction on Monday, April 20th. The stock was sold at an average price of $4.16, for a total value of $20,001.28. Following the sale, the chief executive officer owned 267,027 shares in the company, valued at $1,110,832.32. This trade represents a 1.77% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• On Monday, April 13th, Carmo Thomaz Junior Geraldo Do 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, 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 Price Performance

VTEX stock opened at $4.28 on Thursday. VTEX has a 52-week low of $2.84 and a 52-week high of $6.82. The stock’s fifty day simple moving average is $3.75 and its 200-day simple moving average is $3.82. The company has a quick ratio of 3.04, a current ratio of 3.04 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $739.53 million, a price-to-earnings ratio of 38.87, a price-to-earnings-growth ratio of 0.64 and a beta of 1.17.

VTEX (NYSE:VTEX) last posted its quarterly earnings data on Thursday, February 26th. The company reported $0.05 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.05. VTEX had a return on equity of 8.24% and a net margin of 8.32%.The business had revenue of $67.95 million for the quarter, compared to analysts’ expectations of $68.11 million. Equities research analysts expect that VTEX will post 0.18 EPS for the current year.

Institutional Investors Weigh In On VTEX

A number of institutional investors have recently added to or reduced their stakes in VTEX. Millennium Management LLC grew its position in VTEX by 202.5% during the third quarter. Millennium Management LLC now owns 1,530,983 shares of the company’s stock valued at $6,706,000 after acquiring an additional 1,024,911 shares during the period. Jacobs Levy Equity Management Inc. purchased a new stake in VTEX during the third quarter valued at about $4,412,000. Citadel Advisors LLC grew its position in VTEX by 524.5% during 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. Polar Capital Holdings Plc grew its position in VTEX by 11.9% during the third quarter. Polar Capital Holdings Plc now owns 7,034,043 shares of the company’s stock valued at $30,809,000 after acquiring an additional 748,712 shares during the period. Finally, BW Gestao de Investimentos Ltda. grew its position in VTEX by 1,301.0% during the second quarter. BW Gestao de Investimentos Ltda. now owns 746,757 shares of the company’s stock valued at $4,929,000 after acquiring an additional 693,457 shares during the period. Hedge funds and other institutional investors own 63.69% of the company’s stock.

Analyst Upgrades and Downgrades

VTEX has been the subject of a number of research analyst reports. Wall Street Zen upgraded VTEX from a “buy” rating to a “strong-buy” rating in a report on Sunday, April 12th. Brean Capital upgraded VTEX from a “hold” rating to a “buy” rating and set a $5.00 target price on the stock in a report on Wednesday, March 11th. UBS Group downgraded VTEX from a “buy” rating to a “neutral” rating and lowered their price target for the company from $8.00 to $4.00 in a research report on Wednesday, January 14th. Finally, Weiss Ratings downgraded VTEX from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, April 7th. Four analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $5.97.

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.