VTEX (NYSE:VTEX) CEO De Faria Mariano Gomide Sells 4,808 Shares of Stock

VTEX (NYSE:VTEX) CEO De Faria Mariano Gomide 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 transaction, the chief executive officer directly owned 1,067,585 shares in the company, valued at approximately $4,270,340. This represents a 0.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

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

• On Monday, June 1st, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.00, for a total value of $19,232.00.
• On Thursday, May 7th, De Faria Mariano Gomide 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.
• On Monday, April 27th, De Faria Mariano Gomide 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.
• On Monday, April 20th, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.16, for a total transaction of $20,001.28.
• On Monday, April 13th, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.03, for a total transaction of $19,376.24.
• On Monday, April 6th, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.04, for a total transaction of $19,424.32.
• On Tuesday, March 31st, De Faria Mariano Gomide 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%

Shares of VTEX stock opened at $4.21 on Tuesday. VTEX has a 12 month low of $2.84 and a 12 month high of $6.82. The stock has a market cap of $716.89 million, a P/E ratio of 35.04, a P/E/G ratio of 0.56 and a beta of 1.05. The company has a 50 day simple moving average of $3.75 and a two-hundred day simple moving average of $3.66.

VTEX (NYSE:VTEX) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.02 earnings per share 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 business had revenue of $60.70 million for the quarter, compared to analysts’ expectations of $60.65 million. As a group, equities analysts forecast that VTEX will post 0.19 earnings per share for the current year.

Hedge Funds Weigh In On VTEX

Hedge funds have recently made changes to their positions in the business. Polar Capital Holdings Plc lifted its holdings in VTEX by 11.9% in the 3rd quarter. Polar Capital Holdings Plc now owns 7,034,043 shares of the company’s stock worth $30,809,000 after purchasing an additional 748,712 shares in the last quarter. Millennium Management LLC grew its holdings in VTEX by 36.6% during the 4th quarter. Millennium Management LLC now owns 2,091,811 shares of the company’s stock valued at $7,865,000 after buying an additional 560,828 shares in the last quarter. State Street Corp grew its holdings in VTEX by 7.7% during the 4th quarter. State Street Corp now owns 1,590,672 shares of the company’s stock valued at $5,981,000 after buying an additional 114,256 shares in the last quarter. Citadel Advisors LLC raised its position in shares of VTEX by 524.5% during the third quarter. Citadel Advisors LLC now owns 1,012,225 shares of the company’s stock valued at $4,434,000 after buying an additional 850,132 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. purchased a new position in shares of VTEX in the third quarter worth $4,412,000. Institutional investors own 63.69% of the company’s stock.

Analysts Set New Price Targets

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

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.