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

VTEX (NYSE:VTEX) CEO Carmo Thomaz Junior Geraldo Do sold 4,808 shares of the firm’s stock in a transaction on Monday, April 6th. The stock was sold at an average price of $4.04, for a total value of $19,424.32. Following the sale, the chief executive officer owned 276,643 shares in the company, valued at $1,117,637.72. This trade represents a 1.71% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Tuesday, March 31st, 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.

VTEX Trading Up 0.4%

Shares of VTEX stock traded up $0.02 during mid-day trading on Wednesday, hitting $3.98. 727,832 shares of the company’s stock were exchanged, compared to its average volume of 1,196,379. VTEX has a fifty-two week low of $2.84 and a fifty-two week high of $6.82. The stock has a market cap of $687.65 million, a price-to-earnings ratio of 36.14, a PEG ratio of 0.59 and a beta of 1.17. The company has a quick ratio of 3.04, a current ratio of 3.04 and a debt-to-equity ratio of 0.01. The stock has a 50-day simple moving average of $3.54 and a two-hundred day simple moving average of $3.84.

VTEX (NYSE:VTEX) last issued its earnings results on Thursday, February 26th. The company reported $0.05 earnings per share 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 firm had revenue of $67.95 million for the quarter, compared to analysts’ expectations of $68.11 million. Equities analysts expect that VTEX will post 0.08 EPS for the current fiscal year.

Institutional Trading of VTEX

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Polar Capital Holdings Plc increased its holdings in VTEX by 11.9% in the third quarter. Polar Capital Holdings Plc now owns 7,034,043 shares of the company’s stock valued at $30,809,000 after buying an additional 748,712 shares during the last quarter. Millennium Management LLC boosted its stake in VTEX by 36.6% in the fourth quarter. Millennium Management LLC now owns 2,091,811 shares of the company’s stock valued at $7,865,000 after acquiring an additional 560,828 shares during the period. State Street Corp increased its position in VTEX by 7.7% in the fourth quarter. State Street Corp now owns 1,590,672 shares of the company’s stock worth $5,981,000 after buying an additional 114,256 shares during the period. Citadel Advisors LLC increased its position in VTEX by 524.5% in the third quarter. Citadel Advisors LLC now owns 1,012,225 shares of the company’s stock worth $4,434,000 after buying an additional 850,132 shares during the period. Finally, Jacobs Levy Equity Management Inc. acquired a new stake in VTEX in the third quarter worth $4,412,000. 63.69% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on VTEX. Brean Capital upgraded VTEX from a “hold” rating to a “buy” rating and set a $5.00 price objective on the stock in a research note on Wednesday, March 11th. UBS Group cut VTEX from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $8.00 to $4.00 in a research note on Wednesday, January 14th. Weiss Ratings cut VTEX from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday. Finally, Wall Street Zen lowered VTEX from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Four analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, VTEX currently has an average rating of “Hold” and an average target price of $5.97.

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.