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 Thursday, May 7th. The shares were sold at an average price of $4.01, for a total value of $19,280.08. Following the transaction, the chief executive officer directly owned 142,201 shares in the company, valued at approximately $570,226.01. This represents a 3.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

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

• 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 shares were 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 shares were 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 Price Performance

Shares of VTEX opened at $3.57 on Wednesday. VTEX has a one year low of $2.84 and a one year high of $6.82. The firm has a market capitalization of $607.80 million, a P/E ratio of 29.71, a PEG ratio of 0.48 and a beta of 1.05. The business has a fifty day moving average of $3.93 and a 200 day moving average of $3.77.

VTEX (NYSE:VTEX) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.02 EPS for the quarter, missing the consensus estimate 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%. Analysts expect that VTEX will post 0.19 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Summit Securities Group LLC bought a new position in shares of VTEX during the 1st quarter valued at approximately $29,000. State of Wyoming purchased a new stake in VTEX during the 2nd quarter valued at $59,000. Aquatic Capital Management LLC purchased a new stake in VTEX during the 3rd quarter valued at $41,000. ProShare Advisors LLC purchased a new stake in VTEX during the 4th quarter valued at $39,000. Finally, Ieq Capital LLC purchased a new stake in VTEX during the 4th quarter valued at $41,000. 63.69% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

VTEX has been the subject of a number of recent analyst reports. Brean Capital raised VTEX from a “hold” rating to a “buy” rating and set a $5.00 price objective for the company in a research note on Wednesday, March 11th. UBS Group upped their price objective on VTEX from $4.00 to $4.10 and gave the stock a “neutral” rating in a research note on Friday. Wall Street Zen raised VTEX from a “buy” rating to a “strong-buy” rating in a research note on Sunday, April 12th. Finally, Weiss Ratings lowered VTEX from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, May 7th. Four analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, VTEX currently has an average rating of “Hold” and a consensus price target 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.