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

VTEX (NYSE:VTEX) CEO De Faria Mariano Gomide sold 4,808 shares of VTEX stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $4.01, for a total value of $19,280.08. Following the completion of the transaction, the chief executive officer owned 1,043,545 shares of the company’s stock, valued at approximately $4,184,615.45. This represents a 0.46% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Monday, July 20th, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.22, for a total value of $20,289.76.
• On Monday, July 6th, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.06, for a total value of $19,520.48.
• On Monday, June 29th, De Faria Mariano Gomide 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 Friday, June 26th, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.00, for a total value of $19,232.00.
• On Monday, June 1st, De Faria Mariano Gomide 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 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.

VTEX Price Performance

Shares of NYSE:VTEX opened at $4.32 on Friday. The business’s 50 day moving average price is $3.90 and its 200-day moving average price is $3.73. VTEX has a 1 year low of $2.84 and a 1 year high of $6.13. The firm has a market capitalization of $735.66 million, a price-to-earnings ratio of 35.96, a price-to-earnings-growth ratio of 0.61 and a beta of 1.03.

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

Wall Street Analyst Weigh In

VTEX has been the subject of a number of research reports. Wall Street Zen raised shares of VTEX from a “buy” rating to a “strong-buy” rating in a research note on Sunday, April 12th. Weiss Ratings upgraded shares of VTEX from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, July 16th. Finally, UBS Group raised 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 equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, VTEX has a consensus rating of “Moderate Buy” and an average price target of $5.18.

Institutional Trading of VTEX

Several large investors have recently made changes to their positions in the company. Summit Securities Group LLC acquired a new position in VTEX in the 1st quarter valued at $29,000. ProShare Advisors LLC acquired a new stake in VTEX during the 4th quarter worth $39,000. Aquatic Capital Management LLC acquired a new stake in VTEX during the 3rd quarter worth $41,000. Ieq Capital LLC purchased a new stake in shares of VTEX during the fourth quarter worth $41,000. Finally, nVerses Capital LLC purchased a new stake in shares of VTEX during the fourth quarter worth $49,000. 63.69% of the stock is currently owned by hedge funds and other institutional investors.

About VTEX

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.