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

VTEX (NYSE:VTEX) CEO De Faria Mariano Gomide sold 4,808 shares of the firm’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $4.06, for a total transaction of $19,520.48. Following the sale, the chief executive officer owned 1,057,969 shares of the company’s stock, valued at approximately $4,295,354.14. This represents a 0.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

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

• On Monday, June 29th, De Faria Mariano Gomide 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, De Faria Mariano Gomide 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, De Faria Mariano Gomide 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 Thursday, May 7th, De Faria Mariano Gomide 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, De Faria Mariano Gomide 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, April 20th, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.16, for a total value of $20,001.28.
• On Monday, April 13th, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.03, for a total transaction of $19,376.24.

VTEX Stock Down 3.0%

Shares of NYSE VTEX traded down $0.12 during trading on Wednesday, reaching $4.00. 101,308 shares of the company traded hands, compared to its average volume of 1,350,580. VTEX has a 52-week low of $2.84 and a 52-week high of $6.82. The stock has a market capitalization of $681.11 million, a PE ratio of 33.29, a P/E/G ratio of 0.57 and a beta of 1.03. The firm has a 50 day simple moving average of $3.74 and a 200-day simple moving average of $3.67.

VTEX (NYSE:VTEX) last announced 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). VTEX had a net margin of 9.40% and a return on equity of 9.68%. The company had revenue of $60.70 million for the quarter, compared to analysts’ expectations of $60.65 million. As a group, research analysts predict that VTEX will post 0.19 EPS for the current year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Polar Capital Holdings Plc boosted its stake in VTEX by 11.9% in the 3rd quarter. Polar Capital Holdings Plc now owns 7,034,043 shares of the company’s stock worth $30,809,000 after purchasing an additional 748,712 shares during the period. Millennium Management LLC grew its stake in VTEX by 36.6% during the fourth quarter. Millennium Management LLC now owns 2,091,811 shares of the company’s stock valued at $7,865,000 after acquiring an additional 560,828 shares in the last quarter. State Street Corp increased its holdings in 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 acquiring an additional 114,256 shares during the last quarter. Citadel Advisors LLC lifted its stake in 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 in the last quarter. Finally, Jacobs Levy Equity Management Inc. purchased a new stake in VTEX in the 3rd quarter worth $4,412,000. 63.69% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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