VTEX (NYSE:VTEX) CEO De Faria Mariano Gomide Sells 4,808 Shares of Company Stock

VTEX (NYSE:VTEX) CEO Mariano Gomide de Faria sold 4,808 shares of the business’s stock in a transaction that occurred on Monday, October 12th. The stock was sold at an average price of $4.00, for a total transaction of $19,232.00. Following the completion of the transaction, the chief executive officer owned 909,121 shares of the company’s stock, valued at $3,636,484. This trade represents a 0.53% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Monday, August 10th, Mariano Gomide de Faria sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.05, for a total value of $19,472.40.
• On Monday, August 3rd, Mariano Gomide de Faria sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.40, for a total value of $21,155.20.
• On Monday, July 27th, Mariano Gomide de Faria 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, July 20th, Mariano Gomide de Faria sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.22, for a total value of $20,289.76.

VTEX Trading Down 2.5%

VTEX stock opened at $4.08 on Thursday. The company has a market cap of $694.75 million, a P/E ratio of 25.47, a PEG ratio of 0.52 and a beta of 0.94. VTEX has a twelve month low of $2.84 and a twelve month high of $4.62. The company has a quick ratio of 2.91, a current ratio of 2.91 and a debt-to-equity ratio of 0.02. The business has a fifty day moving average of $3.72 and a 200-day moving average of $3.84.

VTEX (NYSE:VTEX) last issued its quarterly earnings results on Friday, August 7th. The company reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.01. The business had revenue of $64.39 million for the quarter, compared to analyst estimates of $64.69 million. VTEX had a return on equity of 12.98% and a net margin of 11.98%. As a group, equities research analysts expect that VTEX will post 0.21 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Weiss Ratings downgraded shares of VTEX from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, July 31st. Bradesco Corretora cut shares of VTEX to a “neutral” rating and set a $4.50 price objective on the stock. in a research note on Friday, August 7th. Wall Street Zen cut shares of VTEX from a “strong-buy” rating to a “buy” rating in a research note on Sunday. Morgan Stanley set a $4.00 target price on shares of VTEX and gave the stock an “equal weight” rating in a report on Friday, August 28th. Finally, Jefferies Financial Group reiterated a “buy” rating and set a $5.10 target price on shares of VTEX in a research report on Thursday, August 27th. Two analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, VTEX has a consensus rating of “Hold” and an average price target of $4.60.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Summit Securities Group LLC bought a new stake in VTEX in the first quarter valued at approximately $29,000. AXQ Capital LP acquired a new stake in VTEX in the second quarter worth $47,000. Corient Private Wealth LP bought a new position in shares of VTEX during the second quarter worth $58,000. Public Employees Retirement System of Ohio bought a new position in shares of VTEX during the second quarter worth $67,000. Finally, State of Wyoming bought a new position in shares of VTEX during the first quarter worth $70,000. Institutional investors own 63.69% of the company’s stock.

About VTEX

VTEX is a global digital commerce technology company that provides a cloud-based platform for retailers and consumer brands. Its software is designed to support online stores, marketplaces and unified commerce operations, helping businesses manage digital sales across multiple channels and customer touchpoints.

The VTEX platform includes capabilities for catalog and content management, pricing and promotions, checkout, payments, order management, customer experience and marketplace operations.