VTEX (NYSE:VTEX) CEO Sells $19,520.48 in Stock

VTEX (NYSE:VTEX) CEO De Faria Mariano Gomide sold 4,808 shares of the firm’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $4.06, for a total transaction of $19,520.48. Following the completion of the sale, the chief executive officer owned 1,057,969 shares of the company’s stock, valued at $4,295,354.14. This trade represents a 0.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

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

• On Monday, June 29th, De Faria Mariano Gomide 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 Friday, June 26th, 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 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 value of $19,280.08.
• On Monday, April 27th, De Faria Mariano Gomide 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, 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 value 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 value of $19,376.24.

VTEX Trading Up 2.9%

VTEX opened at $4.07 on Friday. The stock’s fifty day simple moving average is $3.75 and its 200 day simple moving average is $3.68. VTEX has a 1-year low of $2.84 and a 1-year high of $6.82. The stock has a market cap of $693.04 million, a PE ratio of 33.88, a price-to-earnings-growth ratio of 0.55 and a beta of 1.03.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in VTEX. Summit Securities Group LLC bought a new position in shares of VTEX during the first quarter worth approximately $29,000. State of Wyoming bought a new stake in shares of VTEX in the second quarter valued at approximately $59,000. Aquatic Capital Management LLC bought a new stake in shares of VTEX in the third quarter valued at approximately $41,000. ProShare Advisors LLC acquired a new stake in VTEX during the fourth quarter worth approximately $39,000. Finally, Ieq Capital LLC bought a new position in VTEX during the 4th quarter worth $41,000. Institutional investors and hedge funds own 63.69% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on VTEX shares. Wall Street Zen upgraded shares of VTEX from a “buy” rating to a “strong-buy” rating in a research report on Sunday, April 12th. Weiss Ratings upgraded VTEX from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, May 21st. Finally, UBS Group upped their price objective on VTEX from $4.00 to $4.10 and gave the company a “neutral” rating in a report on Friday, May 8th. Three equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target 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.