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

VTEX (NYSE:VTEX) CEO Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock in a transaction on Tuesday, March 31st. The shares were sold at an average price of $4.01, for a total value of $19,280.08. Following the completion of the transaction, the chief executive officer owned 227,773 shares of the company’s stock, valued at approximately $913,369.73. The trade was a 2.07% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

VTEX Price Performance

Shares of VTEX stock traded up $0.08 during trading hours on Thursday, hitting $4.12. 238,492 shares of the company’s stock were exchanged, compared to its average volume of 1,206,885. The stock’s 50-day moving average is $3.49 and its 200-day moving average is $3.85. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.04 and a quick ratio of 3.04. The stock has a market cap of $711.87 million, a price-to-earnings ratio of 37.41, a price-to-earnings-growth ratio of 0.59 and a beta of 1.17. VTEX has a 52 week low of $2.84 and a 52 week high of $6.82.

VTEX (NYSE:VTEX) last released its quarterly earnings results on Thursday, February 26th. The company reported $0.05 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.05. VTEX had a return on equity of 8.24% and a net margin of 8.32%.The business had revenue of $67.95 million during the quarter, compared to analysts’ expectations of $68.11 million. As a group, research analysts forecast that VTEX will post 0.08 EPS for the current year.

Analysts Set New Price Targets

VTEX has been the topic of several research reports. Brean Capital raised VTEX from a “hold” rating to a “buy” rating and set a $5.00 price objective on the stock in a report on Wednesday, March 11th. UBS Group downgraded VTEX from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $8.00 to $4.00 in a research report on Wednesday, January 14th. Wall Street Zen raised VTEX from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 14th. Finally, Weiss Ratings upgraded VTEX from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, March 19th. Four investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $5.97.

Institutional Investors Weigh In On VTEX

Several large investors have recently bought and sold shares of the company. XTX Topco Ltd raised its holdings in VTEX by 32.0% in the fourth quarter. XTX Topco Ltd now owns 335,538 shares of the company’s stock worth $1,262,000 after purchasing an additional 81,371 shares during the period. nVerses Capital LLC bought a new stake in shares of VTEX in the 4th quarter valued at $49,000. Polymer Capital Management US LLC bought a new stake in shares of VTEX in the 4th quarter valued at $212,000. Numerai GP LLC raised its stake in VTEX by 363.7% during the 4th quarter. Numerai GP LLC now owns 127,381 shares of the company’s stock worth $479,000 after buying an additional 99,913 shares during the period. Finally, Millennium Management LLC raised its stake in VTEX by 36.6% during the 4th quarter. Millennium Management LLC now owns 2,091,811 shares of the company’s stock worth $7,865,000 after buying an additional 560,828 shares during the period. Institutional investors own 63.69% of the company’s stock.

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.