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

VTEX (NYSE:VTEX) CEO Geraldo Thomaz sold 4,808 shares of the company’s stock in a transaction dated Monday, October 26th. The stock was sold at an average price of $4.03, for a total value of $19,376.24. Following the sale, the chief executive officer owned 1,126,817 shares in the company, valued at $4,541,072.51. The trade was a 0.42% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

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

• On Monday, October 19th, Geraldo Thomaz sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.09, for a total value of $19,664.72.
• On Monday, October 12th, Geraldo Thomaz sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.00, for a total transaction of $19,232.00.
• On Monday, August 10th, Geraldo Thomaz sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.05, for a total transaction of $19,472.40.
• On Monday, August 3rd, Geraldo Thomaz sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.40, for a total transaction of $21,155.20.

VTEX Stock Down 1.1%

Shares of VTEX traded down $0.04 on Tuesday, reaching $3.94. The company’s stock had a trading volume of 510,952 shares, compared to its average volume of 1,146,638. The firm has a fifty day moving average of $3.75 and a 200-day moving average of $3.75. The stock has a market capitalization of $670.88 million, a PE ratio of 24.60, a PEG ratio of 0.52 and a beta of 0.94. The company has a current ratio of 2.91, a quick ratio of 2.91 and a debt-to-equity ratio of 0.02. VTEX has a twelve month low of $2.84 and a twelve month high of $4.60.

VTEX (NYSE:VTEX) last announced its quarterly earnings data on Friday, August 7th. The company reported $0.06 earnings per share for the quarter, topping the consensus estimate of $0.05 by $0.01. VTEX had a return on equity of 12.98% and a net margin of 11.98%. The company had revenue of $64.39 million during the quarter, compared to analyst estimates of $64.69 million. Equities analysts predict 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 VTEX shares. Itau BBA Securities reiterated a “market perform” rating and set a $4.50 price objective on shares of VTEX in a research note on Tuesday, August 25th. Wall Street Zen cut shares of VTEX from a “strong-buy” rating to a “buy” rating in a research report on Sunday, October 11th. Bradesco Corretora lowered shares of VTEX to a “neutral” rating and set a $4.50 target price on the stock. in a research report on Friday, August 7th. Morgan Stanley set a $4.00 price target on shares of VTEX and gave the stock an “equal weight” rating in a report on Friday, August 28th. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $5.10 price target on shares of VTEX in a report on Thursday, August 27th. Two equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $4.60.

Institutional Trading of VTEX

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Summit Securities Group LLC acquired a new position in shares of VTEX in the first quarter worth $29,000. Kapitalo Investimentos Ltda acquired a new position in VTEX during the third quarter worth approximately $36,000. AXQ Capital LP acquired a new stake in VTEX during the second quarter worth about $47,000. Corient Private Wealth LP purchased a new stake in shares of VTEX in the second quarter worth about $58,000. Finally, Public Employees Retirement System of Ohio acquired a new stake in VTEX during the 2nd quarter valued at approximately $67,000. 63.69% of the stock is owned by hedge funds and other institutional investors.

VTEX Company Profile

VTEX (NYSE: VTEX) is a global digital commerce technology company that provides software for businesses to create, operate and expand online sales channels. Its platform supports business-to-consumer, business-to-business and marketplace commerce, helping companies manage digital storefronts, catalogs, pricing, promotions, payments and customer experiences.

The company’s offerings include commerce management, an order management system, marketplace capabilities and tools designed to support headless and omnichannel retail strategies.