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

VTEX (NYSE:VTEX) CEO Carmo Thomaz Junior Geraldo Do sold 4,808 shares of the business’s stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $4.06, for a total transaction of $19,520.48. Following the transaction, the chief executive officer directly owned 1,261,727 shares in the company, valued at $5,122,611.62. The trade was a 0.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

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

• On Monday, June 29th, 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 Friday, June 26th, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.00, for a total transaction of $19,232.00.
• On Monday, June 1st, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.00, for a total transaction 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 transaction 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 transaction 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 value of $20,001.28.
• On Monday, April 13th, Carmo Thomaz Junior Geraldo Do 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 Price Performance

Shares of VTEX stock opened at $4.07 on Friday. The firm has a market cap of $693.04 million, a price-to-earnings ratio of 33.88, a P/E/G ratio of 0.55 and a beta of 1.03. VTEX has a 52-week low of $2.84 and a 52-week high of $6.82. The stock has a 50-day simple moving average of $3.75 and a 200-day simple moving average of $3.68.

VTEX (NYSE:VTEX) last issued its quarterly earnings data 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). The business had revenue of $60.70 million for the quarter, compared to the consensus estimate of $60.65 million. VTEX had a net margin of 9.40% and a return on equity of 9.68%. As a group, equities research analysts predict that VTEX will post 0.19 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Wall Street Zen upgraded VTEX from a “buy” rating to a “strong-buy” rating in a 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 increased 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 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, VTEX has an average rating of “Moderate Buy” and an average price target of $5.18.

Institutional Trading of VTEX

Several large investors have recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in VTEX by 37.8% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 36,822 shares of the company’s stock valued at $187,000 after buying an additional 10,110 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in VTEX by 61.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 220,758 shares of the company’s stock worth $1,119,000 after acquiring an additional 84,189 shares during the last quarter. Jane Street Group LLC boosted its holdings in VTEX by 1,570.1% during the first quarter. Jane Street Group LLC now owns 187,146 shares of the company’s stock valued at $949,000 after acquiring an additional 175,940 shares during the period. Geode Capital Management LLC bought a new stake in VTEX during the second quarter valued at about $4,543,000. Finally, Rhumbline Advisers acquired a new stake in shares of VTEX in the second quarter valued at about $392,000. 63.69% of the stock is owned by institutional investors.

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.