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

VTEX (NYSE:VTEX) CEO De Faria Mariano Gomide sold 4,808 shares of the stock in a transaction on Monday, June 1st. The stock was sold at an average price of $4.00, for a total value of $19,232.00. Following the completion of the sale, the chief executive officer directly owned 137,393 shares in the company, valued at approximately $549,572. This represents a 3.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

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

• On Thursday, May 7th, 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 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.
• On Monday, April 6th, 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 Tuesday, March 31st, 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.

VTEX Price Performance

VTEX stock opened at $3.89 on Wednesday. VTEX has a one year low of $2.84 and a one year high of $6.82. The stock has a market capitalization of $662.35 million, a PE ratio of 32.38, a price-to-earnings-growth ratio of 0.57 and a beta of 1.05. The business’s fifty day moving average is $3.86 and its 200 day moving average is $3.70.

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

Wall Street Analysts Forecast Growth

VTEX has been the topic of several recent analyst reports. UBS Group increased their price objective on VTEX from $4.00 to $4.10 and gave the company a “neutral” rating in a research report on Friday, May 8th. Wall Street Zen raised VTEX from a “buy” rating to a “strong-buy” rating in a research report on Sunday, April 12th. Weiss Ratings raised VTEX from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, May 21st. Finally, Brean Capital raised VTEX from a “hold” rating to a “buy” rating and set a $5.00 price objective on the stock in a research report on Wednesday, March 11th. Four investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $5.98.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Bank of America Corp DE raised its stake in shares of VTEX by 56.0% in the first quarter. Bank of America Corp DE now owns 683,062 shares of the company’s stock worth $2,732,000 after buying an additional 245,306 shares during the period. Sei Investments Co. purchased a new position in VTEX during the 1st quarter valued at approximately $844,000. Globeflex Capital L P purchased a new position in VTEX during the 1st quarter valued at approximately $1,144,000. State of Wyoming purchased a new position in shares of VTEX in the 1st quarter worth approximately $70,000. Finally, Principal Financial Group Inc. boosted its holdings in shares of VTEX by 32.2% in the 1st quarter. Principal Financial Group Inc. now owns 330,139 shares of the company’s stock worth $1,321,000 after purchasing an additional 80,460 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.