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 dated Monday, June 1st. The stock was sold at an average price of $4.00, for a total value of $19,232.00. Following the completion of the sale, the chief executive officer directly owned 401,151 shares of the company’s stock, valued at approximately $1,604,604. This trade represents a 1.18% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

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

• 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 stock was 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 stock was sold at an average price of $4.03, for a total transaction of $19,376.24.
• On Monday, April 6th, 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 Tuesday, March 31st, 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.

VTEX Stock Up 0.9%

Shares of NYSE:VTEX opened at $3.91 on Thursday. The firm has a market capitalization of $665.76 million, a PE ratio of 32.54, a P/E/G ratio of 0.54 and a beta of 1.05. VTEX has a twelve month low of $2.84 and a twelve month high of $6.82. The company has a 50-day moving average price of $3.87 and a two-hundred day moving average price of $3.70.

VTEX (NYSE:VTEX) last issued its earnings results 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). The business had revenue of $60.70 million for the quarter, compared to the consensus estimate of $60.65 million. VTEX had a return on equity of 9.68% and a net margin of 9.40%. Analysts anticipate that VTEX will post 0.19 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

VTEX has been the subject of a number of research reports. Wall Street Zen upgraded shares of VTEX from a “buy” rating to a “strong-buy” rating in a research report on Sunday, April 12th. Brean Capital upgraded shares of VTEX from a “hold” rating to a “buy” rating and set a $5.00 target price for the company in a research report on Wednesday, March 11th. Weiss Ratings upgraded shares of VTEX from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, May 21st. Finally, UBS Group increased their price target on shares of VTEX from $4.00 to $4.10 and gave the stock a “neutral” rating in a report on Friday, May 8th. Four research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $5.98.

Institutional Investors Weigh In On VTEX

A number of institutional investors and hedge funds have recently modified their holdings of VTEX. Summit Securities Group LLC purchased a new stake in shares of VTEX in the first quarter worth about $29,000. ProShare Advisors LLC purchased a new stake in shares of VTEX in the fourth quarter worth about $39,000. Aquatic Capital Management LLC purchased a new stake in shares of VTEX in the third quarter worth about $41,000. Ieq Capital LLC purchased a new stake in shares of VTEX in the fourth quarter worth about $41,000. Finally, nVerses Capital LLC purchased a new stake in shares of VTEX in the fourth quarter worth about $49,000. 63.69% of the stock is 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.