Insider Selling: VTEX (NYSE:VTEX) CEO Sells $19,280.08 in Stock

VTEX (NYSE:VTEX) CEO Carmo Thomaz Junior Geraldo Do sold 4,808 shares of the stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $4.01, for a total transaction of $19,280.08. Following the sale, the chief executive officer directly owned 1,247,303 shares of the company’s stock, valued at approximately $5,001,685.03. This trade represents a 0.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

• On Monday, July 20th, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.22, for a total transaction of $20,289.76.
• On Monday, July 6th, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.06, for a total transaction of $19,520.48.
• 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 Friday, June 26th, 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 Monday, June 1st, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The shares were 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.

VTEX Stock Up 3.5%

VTEX stock traded up $0.15 during mid-day trading on Wednesday, hitting $4.53. The company had a trading volume of 1,054,721 shares, compared to its average volume of 1,300,820. The company has a market capitalization of $771.47 million, a price-to-earnings ratio of 37.71, a P/E/G ratio of 0.58 and a beta of 1.03. VTEX has a 12-month low of $2.84 and a 12-month high of $6.23. The company has a 50-day moving average price of $3.86 and a 200 day moving average price of $3.71.

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

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on VTEX. Weiss Ratings raised VTEX from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, July 16th. Wall Street Zen upgraded shares of VTEX from a “buy” rating to a “strong-buy” rating in a research report on Sunday, April 12th. Finally, UBS Group upped their price target on shares of VTEX from $4.00 to $4.10 and gave the company a “neutral” rating in a research note on Friday, May 8th. Three analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $5.18.

Institutional Investors Weigh In On VTEX

Several large investors have recently added to or reduced their stakes in VTEX. Summit Securities Group LLC purchased a new stake in VTEX during the first quarter valued at approximately $29,000. State of Wyoming purchased a new position in shares of VTEX in the 2nd quarter worth approximately $59,000. Aquatic Capital Management LLC bought a new position in shares of VTEX during the 3rd quarter valued at approximately $41,000. ProShare Advisors LLC purchased a new stake in VTEX during the 4th quarter valued at $39,000. Finally, Ieq Capital LLC purchased a new stake in VTEX during the 4th quarter valued at $41,000. 63.69% of the stock is owned by institutional investors.

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.