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 VTEX stock in a transaction dated Monday, April 27th. The shares were sold at an average price of $4.01, for a total transaction of $19,280.08. Following the completion of the sale, the chief executive officer owned 22,009 shares in the company, valued at approximately $88,256.09. This represents a 17.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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

• On Monday, April 20th, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.16, for a total transaction 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 Trading Down 3.6%

NYSE:VTEX opened at $3.85 on Thursday. VTEX has a 1 year low of $2.84 and a 1 year high of $6.82. The stock has a market cap of $665.16 million, a price-to-earnings ratio of 34.96, a PEG ratio of 0.59 and a beta of 1.17. The business has a fifty day moving average of $3.83 and a 200-day moving average of $3.80. 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 (NYSE:VTEX) last released its quarterly earnings results on Thursday, February 26th. The company reported $0.05 EPS for the quarter, hitting analysts’ consensus estimates of $0.05. VTEX had a net margin of 8.32% and a return on equity of 8.24%. The company had revenue of $67.95 million for the quarter, compared to the consensus estimate of $68.11 million. Equities analysts predict that VTEX will post 0.18 earnings per share for the current year.

Institutional Trading of VTEX

Hedge funds and other institutional investors have recently made changes to their positions in the business. Millennium Management LLC lifted its stake 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 purchasing an additional 1,024,911 shares during the last quarter. Jacobs Levy Equity Management Inc. acquired a new stake in VTEX during the third quarter valued at approximately $4,412,000. Citadel Advisors LLC lifted its stake 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 purchasing an additional 850,132 shares during the last quarter. Polar Capital Holdings Plc lifted its stake 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 purchasing an additional 748,712 shares during the last quarter. Finally, BW Gestao de Investimentos Ltda. lifted its stake 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 purchasing an additional 693,457 shares during the last quarter. 63.69% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have commented on VTEX. Weiss Ratings upgraded shares of VTEX from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, April 22nd. Brean Capital upgraded shares of VTEX from a “hold” rating to a “buy” rating and set a $5.00 price target on the stock in a research report on Wednesday, March 11th. 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, UBS Group downgraded shares of VTEX from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $8.00 to $4.00 in a research report on Wednesday, January 14th. Four equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” 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.