VTEX (NYSE:VTEX) CEO Sells $19,232.00 in Stock

VTEX (NYSE:VTEX) CEO Geraldo Thomaz sold 4,808 shares of the business’s stock in a transaction on Monday, October 12th. The shares were sold at an average price of $4.00, for a total transaction of $19,232.00. Following the transaction, the chief executive officer owned 1,136,433 shares in the company, valued at approximately $4,545,732. This represents a 0.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Monday, August 10th, Geraldo Thomaz sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.05, for a total transaction of $19,472.40.
• On Monday, August 3rd, Geraldo Thomaz sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.40, for a total value of $21,155.20.
• On Monday, July 27th, Geraldo Thomaz 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, July 20th, Geraldo Thomaz sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.22, for a total value of $20,289.76.

VTEX Stock Down 1.3%

VTEX traded down $0.06 during trading on Friday, reaching $4.20. 724,860 shares of the stock traded hands, compared to its average volume of 823,344. The stock has a market cap of $715.21 million, a price-to-earnings ratio of 26.22, a price-to-earnings-growth ratio of 0.53 and a beta of 0.94. VTEX has a fifty-two week low of $2.84 and a fifty-two week high of $4.62. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.91 and a quick ratio of 2.91. The stock’s 50-day simple moving average is $3.72 and its two-hundred day simple moving average is $3.85.

VTEX (NYSE:VTEX) last issued its earnings results on Friday, August 7th. The company reported $0.06 EPS for the quarter, beating analysts’ consensus estimates of $0.05 by $0.01. VTEX had a return on equity of 12.98% and a net margin of 11.98%. The firm had revenue of $64.39 million for the quarter, compared to the consensus estimate of $64.69 million. As a group, equities research analysts expect that VTEX will post 0.21 EPS for the current year.

Institutional Investors Weigh In On VTEX

A number of large investors have recently bought and sold shares of VTEX. Summit Securities Group LLC acquired a new position in VTEX during the first quarter worth $29,000. AXQ Capital LP bought a new position in VTEX during the second quarter valued at about $47,000. Corient Private Wealth LP bought a new position in VTEX during the second quarter valued at about $58,000. Public Employees Retirement System of Ohio acquired a new stake in shares of VTEX in the second quarter worth about $67,000. Finally, State of Wyoming acquired a new stake in shares of VTEX in the first quarter worth about $70,000. 63.69% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

VTEX has been the subject of several research reports. Morgan Stanley set a $4.00 price target on VTEX and gave the company an “equal weight” rating in a report on Friday, August 28th. Itau BBA Securities restated a “market perform” rating and issued a $4.50 price objective on shares of VTEX in a report on Tuesday, August 25th. Weiss Ratings lowered shares of VTEX from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, July 31st. Bradesco Corretora lowered shares of VTEX to a “neutral” rating and set a $4.50 price objective on the stock. in a research report on Friday, August 7th. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a $5.10 target price on shares of VTEX in a research note on Thursday, August 27th. Two research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, VTEX presently has an average rating of “Hold” and a consensus price target of $4.60.

VTEX Company Profile

VTEX is a global digital commerce technology company that provides a cloud-based platform for retailers and consumer brands. Its software is designed to support online stores, marketplaces and unified commerce operations, helping businesses manage digital sales across multiple channels and customer touchpoints.

The VTEX platform includes capabilities for catalog and content management, pricing and promotions, checkout, payments, order management, customer experience and marketplace operations.