VTEX (NYSE:VTEX) CEO Sells $21,155.20 in Stock

VTEX (NYSE:VTEX) CEO Carmo Thomaz Junior Geraldo Do sold 4,808 shares of the stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $4.40, for a total transaction of $21,155.20. Following the completion of the sale, the chief executive officer directly owned 1,242,495 shares in the company, valued at approximately $5,466,978. This represents a 0.39% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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

• On Monday, July 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, July 20th, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.22, for a total transaction of $20,289.76.
• On Monday, July 6th, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.06, for a total transaction of $19,520.48.
• 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 shares were 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 shares were sold at an average price of $4.01, for a total value of $19,280.08.

VTEX Stock Performance

Shares of NYSE VTEX opened at $4.18 on Friday. VTEX has a fifty-two week low of $2.84 and a fifty-two week high of $4.91. The company has a market cap of $712.48 million, a price-to-earnings ratio of 26.12, a PEG ratio of 0.59 and a beta of 1.02. The business’s 50 day moving average price is $3.97 and its 200-day moving average price is $3.75.

VTEX (NYSE:VTEX) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.05 by $0.01. The company had revenue of $64.39 million during the quarter, compared to analysts’ expectations of $64.69 million. VTEX had a return on equity of 12.81% and a net margin of 11.98%. Sell-side analysts predict that VTEX will post 0.19 earnings per share for the current year.

Institutional Trading of VTEX

Institutional investors and hedge funds have recently made changes to their positions in the company. Polar Capital Holdings Plc grew its holdings in VTEX by 11.9% during the 3rd quarter. Polar Capital Holdings Plc now owns 7,034,043 shares of the company’s stock worth $30,809,000 after acquiring an additional 748,712 shares in the last quarter. Millennium Management LLC raised its holdings in shares of VTEX by 36.6% in the 4th quarter. Millennium Management LLC now owns 2,091,811 shares of the company’s stock valued at $7,865,000 after purchasing an additional 560,828 shares in the last quarter. State Street Corp raised its holdings in shares of VTEX by 7.7% in the 4th quarter. State Street Corp now owns 1,590,672 shares of the company’s stock valued at $5,981,000 after purchasing an additional 114,256 shares in the last quarter. Citadel Advisors LLC lifted its position in shares of VTEX by 524.5% in the 3rd quarter. Citadel Advisors LLC now owns 1,012,225 shares of the company’s stock worth $4,434,000 after purchasing an additional 850,132 shares during the period. Finally, Jacobs Levy Equity Management Inc. purchased a new stake in shares of VTEX in the 3rd quarter worth approximately $4,412,000. 63.69% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on VTEX shares. Weiss Ratings cut shares of VTEX from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, July 31st. Bradesco Corretora downgraded shares of VTEX to a “neutral” rating and set a $4.50 price target on the stock. in a research note on Friday. UBS Group lifted their price objective on shares of VTEX from $4.00 to $4.10 and gave the company a “neutral” rating in a report on Friday, May 8th. Finally, Wall Street Zen upgraded shares of VTEX from a “buy” rating to a “strong-buy” rating in a research note on Sunday, April 12th. Three investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $5.07.

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.