VTEX (NYSE:VTEX) CEO Carmo Thomaz Junior Geraldo Do Sells 4,808 Shares

VTEX (NYSE:VTEX) CEO Carmo Thomaz Junior Geraldo Do sold 4,808 shares of the business’s stock in a transaction dated Monday, April 20th. The shares were sold at an average price of $4.16, for a total value of $20,001.28. Following the completion of the transaction, the chief executive officer directly owned 267,027 shares of the company’s stock, valued at approximately $1,110,832.32. This trade represents a 1.77% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

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

• 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 shares were sold at an average price of $4.01, for a total value of $19,280.08.

VTEX Price Performance

VTEX stock traded down $0.05 during midday trading on Wednesday, reaching $4.31. The company’s stock had a trading volume of 192,060 shares, compared to its average volume of 1,175,443. VTEX has a 52 week low of $2.84 and a 52 week high of $6.82. The company has a current ratio of 3.04, a quick ratio of 3.04 and a debt-to-equity ratio of 0.01. The business has a 50-day moving average price of $3.73 and a 200-day moving average price of $3.82. The stock has a market cap of $744.72 million, a PE ratio of 39.14, a price-to-earnings-growth ratio of 0.62 and a beta of 1.17.

VTEX (NYSE:VTEX) last released its earnings results on Thursday, February 26th. The company reported $0.05 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.05. VTEX had a return on equity of 8.24% and a net margin of 8.32%.The firm had revenue of $67.95 million for the quarter, compared to analysts’ expectations of $68.11 million. On average, sell-side analysts predict that VTEX will post 0.18 EPS for the current year.

Institutional Investors Weigh In On VTEX

Hedge funds have recently added to or reduced their stakes in the business. Principal Financial Group Inc. acquired a new stake in VTEX during the 3rd quarter worth approximately $735,000. FNY Investment Advisers LLC boosted its position in VTEX by 577.8% during the 3rd quarter. FNY Investment Advisers LLC now owns 268,740 shares of the company’s stock worth $1,177,000 after buying an additional 229,091 shares during the period. Dynamic Technology Lab Private Ltd boosted its position in VTEX by 69.3% during the 3rd quarter. Dynamic Technology Lab Private Ltd now owns 79,828 shares of the company’s stock worth $350,000 after buying an additional 32,686 shares during the period. Quantbot Technologies LP acquired a new stake in VTEX during the 3rd quarter worth approximately $377,000. Finally, Diversified Trust Co boosted its position in VTEX by 56.8% during the 3rd quarter. Diversified Trust Co now owns 28,925 shares of the company’s stock worth $127,000 after buying an additional 10,476 shares during the period. 63.69% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Wall Street Zen upgraded VTEX from a “buy” rating to a “strong-buy” rating in a research report on Sunday, April 12th. Brean Capital upgraded VTEX from a “hold” rating to a “buy” rating and set a $5.00 target price on the stock in a research report on Wednesday, March 11th. Weiss Ratings cut VTEX from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, April 7th. Finally, UBS Group cut VTEX from a “buy” rating to a “neutral” rating and decreased their target price for the company from $8.00 to $4.00 in a research report on Wednesday, January 14th. Four equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, VTEX presently has an average rating of “Hold” and a consensus target price of $5.97.

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.