Sei Investments Co. Buys New Holdings in VTEX $VTEX

Sei Investments Co. purchased a new position in shares of VTEX (NYSE:VTEX) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 211,086 shares of the company’s stock, valued at approximately $844,000.

A number of other institutional investors have also recently bought and sold shares of VTEX. Summit Securities Group LLC bought a new stake in VTEX in the first quarter valued at approximately $29,000. State of Wyoming bought a new position in shares of VTEX during the 2nd quarter worth approximately $59,000. Aquatic Capital Management LLC acquired a new position in shares of VTEX during the 3rd quarter worth approximately $41,000. ProShare Advisors LLC acquired a new position in shares of VTEX during the 4th quarter worth approximately $39,000. Finally, Ieq Capital LLC acquired a new position in shares of VTEX during the 4th quarter worth approximately $41,000. Institutional investors and hedge funds own 63.69% of the company’s stock.

Insider Buying and Selling at VTEX

In other VTEX news, Director Alejandro Raul Scannapieco sold 15,937 shares of the stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $3.59, for a total transaction of $57,213.83. Following the transaction, the director owned 9,965 shares in the company, valued at $35,774.35. This trade represents a 61.53% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Andre Spolidoro Ferreira Gomes sold 15,000 shares of VTEX stock in a transaction on Monday, August 10th. The stock was sold at an average price of $4.04, for a total value of $60,600.00. Following the sale, the insider directly owned 301,431 shares of the company’s stock, valued at $1,217,781.24. This represents a 4.74% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 109,365 shares of company stock valued at $438,291 over the last 90 days. 40.93% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on VTEX shares. Weiss Ratings downgraded 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 objective on the stock. in a report on Friday, August 7th. Finally, UBS Group increased 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 four have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $5.07.

VTEX Trading Down 1.7%

Shares of VTEX stock opened at $3.81 on Friday. VTEX has a 12-month low of $2.84 and a 12-month high of $4.73. The company has a market capitalization of $648.71 million, a PE ratio of 23.78, a price-to-earnings-growth ratio of 0.54 and a beta of 1.02. The firm has a 50 day moving average price of $3.97 and a two-hundred day moving average price of $3.77. The company has a quick ratio of 2.91, a current ratio of 2.91 and a debt-to-equity ratio of 0.02.

VTEX (NYSE:VTEX) last posted its earnings results on Friday, August 7th. The company reported $0.06 EPS for the quarter, beating the consensus estimate of $0.05 by $0.01. The company had revenue of $64.39 million for the quarter, compared to the consensus estimate of $64.69 million. VTEX had a return on equity of 12.98% and a net margin of 11.98%. As a group, analysts predict that VTEX will post 0.19 earnings per share for the current year.

VTEX 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.