VTEX (NYSE:VTEX) CEO Sells $19,232.00 in Stock

VTEX (NYSE:VTEX) CEO Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock in a transaction dated Friday, June 26th. The shares were sold at an average price of $4.00, for a total transaction of $19,232.00. Following the transaction, the chief executive officer owned 1,271,343 shares of the company’s stock, valued at $5,085,372. This represents a 0.38% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible 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 Monday, June 1st, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The stock was 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 shares were 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 shares were sold at an average price of $4.01, for a total value of $19,280.08.
• On Monday, April 20th, Carmo Thomaz Junior Geraldo Do 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, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.03, for a total value of $19,376.24.
• On Monday, April 6th, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.04, for a total value of $19,424.32.
• 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 3.8%

NYSE VTEX opened at $4.15 on Thursday. The firm has a market capitalization of $708.22 million, a P/E ratio of 34.62, a PEG ratio of 0.55 and a beta of 1.03. The business has a fifty day simple moving average of $3.74 and a 200 day simple moving average of $3.66. VTEX has a 12 month low of $2.84 and a 12 month high of $6.82.

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

Institutional Trading of VTEX

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

Analyst Upgrades and Downgrades

VTEX has been the topic of a number of research analyst reports. Wall Street Zen upgraded VTEX from a “buy” rating to a “strong-buy” rating in a research note 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. UBS Group lifted their price target on VTEX from $4.00 to $4.10 and gave the stock a “neutral” rating in a report on Friday, May 8th. Finally, Brean Capital upgraded VTEX from a “hold” rating to a “buy” rating and set a $5.00 price objective for the company in a research note on Wednesday, March 11th. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $5.18.

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.