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

VTEX (NYSE:VTEX) CEO Mariano Gomide de Faria sold 4,808 shares of the firm’s stock in a transaction that occurred on Monday, October 19th. The shares were sold at an average price of $4.10, for a total value of $19,712.80. Following the completion of the transaction, the chief executive officer owned 904,313 shares in the company, valued at approximately $3,707,683.30. This trade represents a 0.53% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Monday, October 12th, Mariano Gomide de Faria sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.00, for a total value of $19,232.00.
• On Monday, August 10th, Mariano Gomide de Faria sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.05, for a total value of $19,472.40.
• On Monday, August 3rd, Mariano Gomide de Faria sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.40, for a total value of $21,155.20.
• On Monday, July 27th, Mariano Gomide de Faria 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.

VTEX Trading Up 0.6%

Shares of VTEX stock opened at $4.21 on Wednesday. The stock’s fifty day moving average is $3.73 and its two-hundred day moving average is $3.85. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.91 and a current ratio of 2.91. The firm has a market capitalization of $716.91 million, a P/E ratio of 26.28, a PEG ratio of 0.52 and a beta of 0.94. VTEX has a fifty-two week low of $2.84 and a fifty-two week high of $4.62.

VTEX (NYSE:VTEX) last announced its earnings results on Friday, August 7th. The company reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.01. VTEX had a net margin of 11.98% and a return on equity of 12.98%. The company had revenue of $64.39 million for the quarter, compared to analysts’ expectations of $64.69 million. Research analysts expect that VTEX will post 0.21 earnings per share for the current fiscal year.

Institutional Investors Weigh In On VTEX

A number of institutional investors have recently modified their holdings of the company. Hsbc Holdings PLC purchased a new stake in shares of VTEX in the 1st quarter valued at $2,302,000. Globeflex Capital L P acquired a new position in VTEX during the 1st quarter worth about $1,144,000. Bank of America Corp DE lifted its stake in VTEX by 56.0% during the 1st quarter. Bank of America Corp DE now owns 683,062 shares of the company’s stock worth $2,732,000 after acquiring an additional 245,306 shares in the last quarter. Sei Investments Co. purchased a new position in VTEX during the 1st quarter valued at about $844,000. Finally, Kapitalo Investimentos Ltda purchased a new position in VTEX during the 3rd quarter valued at about $36,000. 63.69% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Weiss Ratings lowered shares of VTEX from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, July 31st. Itau BBA Securities reiterated a “market perform” rating and issued a $4.50 price objective on shares of VTEX in a report on Tuesday, August 25th. Wall Street Zen lowered shares of VTEX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, October 11th. Bradesco Corretora lowered shares of VTEX to a “neutral” rating and set a $4.50 target price on the stock. in a research note on Friday, August 7th. Finally, Jefferies Financial Group restated a “buy” rating and set a $5.10 target price on shares of VTEX in a report on Thursday, August 27th. Two research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $4.60.

About VTEX

VTEX is a global digital commerce technology company that provides a cloud-based platform for retailers and consumer brands. Its software is designed to support online stores, marketplaces and unified commerce operations, helping businesses manage digital sales across multiple channels and customer touchpoints.

The VTEX platform includes capabilities for catalog and content management, pricing and promotions, checkout, payments, order management, customer experience and marketplace operations.