VTEX (NYSE:VTEX) CEO Carmo Thomaz Junior Geraldo Do Sells 4,808 Shares of Stock

VTEX (NYSE:VTEX) CEO Carmo Thomaz Junior Geraldo Do sold 4,808 shares of the stock in a transaction dated Friday, June 26th. The shares were sold at an average price of $4.00, for a total value of $19,232.00. Following the completion of the sale, the chief executive officer owned 1,271,343 shares of the company’s stock, valued at approximately $5,085,372. This trade represents a 0.38% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

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

• On Monday, June 1st, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.00, for a total value of $19,232.00.
• 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 shares were sold at an average price of $4.16, for a total transaction of $20,001.28.
• On Monday, April 13th, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.03, for a total transaction 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 transaction of $19,424.32.
• On Tuesday, March 31st, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.01, for a total transaction of $19,280.08.

VTEX Trading Up 4.1%

VTEX opened at $4.21 on Tuesday. The company has a fifty day simple moving average of $3.75 and a 200 day simple moving average of $3.66. The firm has a market cap of $716.89 million, a price-to-earnings ratio of 35.04, a PEG ratio of 0.56 and a beta of 1.05. VTEX has a twelve month low of $2.84 and a twelve month high of $6.82.

VTEX (NYSE:VTEX) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.01). VTEX had a return on equity of 9.68% and a net margin of 9.40%.The firm had revenue of $60.70 million for the quarter, compared to analysts’ expectations of $60.65 million. On average, analysts forecast that VTEX will post 0.19 earnings per share for the current fiscal year.

Institutional Trading of VTEX

A number of institutional investors and hedge funds have recently modified their holdings of VTEX. Banco BTG Pactual S.A. lifted its position in shares of VTEX by 29.9% in the 4th quarter. Banco BTG Pactual S.A. now owns 604,100 shares of the company’s stock worth $2,271,000 after buying an additional 139,100 shares during the last quarter. FNY Investment Advisers LLC grew its position in shares of VTEX by 577.8% during the 3rd quarter. FNY Investment Advisers LLC now owns 268,740 shares of the company’s stock valued at $1,177,000 after buying an additional 229,091 shares during the last quarter. Dynamic Technology Lab Private Ltd grew its position in shares of VTEX by 69.3% during the 3rd quarter. Dynamic Technology Lab Private Ltd now owns 79,828 shares of the company’s stock valued at $350,000 after buying an additional 32,686 shares during the last quarter. Quantbot Technologies LP acquired a new stake in VTEX during the third quarter worth about $377,000. Finally, State of Wyoming bought a new position in VTEX in the first quarter worth about $70,000. 63.69% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently commented on VTEX. UBS Group boosted their price target on VTEX from $4.00 to $4.10 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Wall Street Zen upgraded VTEX from a “buy” rating to a “strong-buy” rating in a research note on Sunday, April 12th. Weiss Ratings upgraded VTEX from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, May 21st. Finally, Brean Capital raised VTEX from a “hold” rating to a “buy” rating and set a $5.00 target price on the stock in a research report on Wednesday, March 11th. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $5.18.

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.