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 business’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $4.00, for a total value of $19,232.00. Following the transaction, the chief executive officer directly owned 401,151 shares in the company, valued at $1,604,604. The trade was a 1.18% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

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

• On Thursday, May 7th, 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.
• On Monday, April 27th, 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.
• On Monday, April 20th, Carmo Thomaz Junior Geraldo Do 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, 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 Trading Down 5.2%

VTEX stock opened at $3.89 on Wednesday. The firm has a market capitalization of $662.35 million, a PE ratio of 32.38, a PEG ratio of 0.57 and a beta of 1.05. VTEX has a 1-year low of $2.84 and a 1-year high of $6.82. The business’s 50 day simple moving average is $3.86 and its 200 day simple moving average is $3.70.

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

Institutional Investors Weigh In On VTEX

Several institutional investors and hedge funds have recently bought and sold shares of VTEX. Summit Securities Group LLC bought a new stake in VTEX during the first quarter worth about $29,000. ProShare Advisors LLC bought a new stake in VTEX during the fourth quarter worth about $39,000. Aquatic Capital Management LLC bought a new stake in VTEX during the third quarter worth about $41,000. Ieq Capital LLC bought a new stake in VTEX during the fourth quarter worth about $41,000. Finally, nVerses Capital LLC bought a new stake in VTEX during the fourth quarter worth about $49,000. Institutional investors own 63.69% of the company’s stock.

Analyst Upgrades and Downgrades

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