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

VTEX (NYSE:VTEX) CEO Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock in a transaction on Monday, July 6th. The shares were sold at an average price of $4.06, for a total transaction of $19,520.48. Following the completion of the sale, the chief executive officer directly owned 1,261,727 shares in the company, valued at $5,122,611.62. This represents a 0.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

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 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 value 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 value of $19,232.00.
• On Thursday, May 7th, 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.
• On Monday, April 27th, 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 transaction of $19,280.08.
• On Monday, April 20th, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.16, for a total transaction 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.

VTEX Trading Down 4.5%

Shares of VTEX opened at $3.94 on Thursday. The firm has a 50-day moving average price of $3.74 and a 200 day moving average price of $3.67. VTEX has a 12-month low of $2.84 and a 12-month high of $6.82. The firm has a market capitalization of $670.88 million, a P/E ratio of 32.79, a P/E/G ratio of 0.57 and a beta of 1.03.

VTEX (NYSE:VTEX) last announced its quarterly earnings results 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). The firm had revenue of $60.70 million for the quarter, compared to analyst estimates of $60.65 million. VTEX had a return on equity of 9.68% and a net margin of 9.40%. Equities research analysts predict that VTEX will post 0.19 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in VTEX. Banco BTG Pactual S.A. raised its holdings in VTEX by 29.9% during the fourth quarter. Banco BTG Pactual S.A. now owns 604,100 shares of the company’s stock worth $2,271,000 after purchasing an additional 139,100 shares during the last quarter. FNY Investment Advisers LLC lifted its holdings in VTEX by 577.8% in the 3rd quarter. FNY Investment Advisers LLC now owns 268,740 shares of the company’s stock valued at $1,177,000 after purchasing an additional 229,091 shares in the last quarter. Dynamic Technology Lab Private Ltd boosted its position in VTEX by 69.3% during the third quarter. Dynamic Technology Lab Private Ltd now owns 79,828 shares of the company’s stock worth $350,000 after acquiring an additional 32,686 shares during the last quarter. Quantbot Technologies LP acquired a new stake in shares of VTEX during the third quarter worth $377,000. Finally, State of Wyoming acquired a new stake in VTEX in the 1st quarter worth about $70,000. 63.69% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Wall Street Zen raised VTEX from a “buy” rating to a “strong-buy” rating in a research note on Sunday, April 12th. UBS Group increased their target price on VTEX from $4.00 to $4.10 and gave the company a “neutral” rating in a report on Friday, May 8th. Brean Capital upgraded shares of VTEX from a “hold” rating to a “buy” rating and set a $5.00 price objective for the company in a research report on Wednesday, March 11th. Finally, Weiss Ratings raised VTEX from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, May 21st. Three investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price 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.