VTEX (NYSE:VTEX) Director Sells $44,017.98 in Stock

VTEX (NYSE:VTEX) Director Alejandro Raul Scannapieco sold 11,994 shares of VTEX stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $3.67, for a total transaction of $44,017.98. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

VTEX Trading Down 1.2%

VTEX traded down $0.04 during trading on Tuesday, hitting $3.62. The company’s stock had a trading volume of 502,526 shares, compared to its average volume of 1,253,024. VTEX has a twelve month low of $2.84 and a twelve month high of $4.73. The stock has a market cap of $616.32 million, a PE ratio of 22.60, a PEG ratio of 0.51 and a beta of 1.02. The firm’s 50 day moving average price is $3.98 and its 200-day moving average price is $3.79. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.91 and a quick ratio of 2.91.

VTEX (NYSE:VTEX) last posted its quarterly earnings data on Friday, August 7th. The company reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.01. The business had revenue of $64.39 million for the quarter, compared to analysts’ expectations of $64.69 million. VTEX had a return on equity of 12.98% and a net margin of 11.98%. On average, analysts expect that VTEX will post 0.19 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms recently issued reports on VTEX. Weiss Ratings cut shares of VTEX from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, July 31st. UBS Group increased their price target on shares of VTEX from $4.00 to $4.10 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Itau BBA Securities reiterated a “market perform” rating and issued a $4.50 price target on shares of VTEX in a report on Tuesday. Finally, Bradesco Corretora downgraded VTEX to a “neutral” rating and set a $4.50 price objective for the company. in a report on Friday, August 7th. Three equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $4.99.

Institutional Trading of VTEX

Institutional investors and hedge funds have recently bought and sold shares of the business. Summit Securities Group LLC acquired a new position in VTEX during the first quarter valued at approximately $29,000. ProShare Advisors LLC purchased a new stake in VTEX during the fourth quarter worth approximately $39,000. Aquatic Capital Management LLC acquired a new stake in shares of VTEX in the third quarter worth $41,000. Ieq Capital LLC purchased a new position in shares of VTEX in the 4th quarter valued at $41,000. Finally, AXQ Capital LP purchased a new position in shares of VTEX in the 2nd quarter valued at $47,000. Institutional investors and hedge funds own 63.69% of the company’s stock.

VTEX Company Profile

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.