VTEX (NYSE:VTEX) Insider Andre Spolidoro Ferreira Gomes Sells 3,000 Shares of Stock

VTEX (NYSE:VTEX) insider Andre Spolidoro Ferreira Gomes sold 3,000 shares of the stock in a transaction on Monday, August 17th. The stock was sold at an average price of $3.57, for a total value of $10,710.00. Following the sale, the insider directly owned 298,431 shares in the company, valued at approximately $1,065,398.67. This trade represents a 1.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

Andre Spolidoro Ferreira Gomes also recently made the following trade(s):

• On Monday, August 10th, Andre Spolidoro Ferreira Gomes sold 15,000 shares of VTEX stock. The shares were sold at an average price of $4.04, for a total value of $60,600.00.

VTEX Stock Up 0.4%

VTEX stock opened at $3.54 on Wednesday. VTEX has a 52 week low of $2.84 and a 52 week high of $4.73. The business has a 50-day simple moving average of $3.97 and a 200 day simple moving average of $3.78. The company has a quick ratio of 2.91, a current ratio of 2.91 and a debt-to-equity ratio of 0.02. The company has a market cap of $604.39 million, a PE ratio of 22.16, a price-to-earnings-growth ratio of 0.52 and a beta of 1.02.

VTEX (NYSE:VTEX) last announced its quarterly earnings data on Friday, August 7th. The company reported $0.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.05 by $0.01. VTEX had a net margin of 11.98% and a return on equity of 12.98%. The firm had revenue of $64.39 million for the quarter, compared to the consensus estimate of $64.69 million. Sell-side analysts anticipate that VTEX will post 0.19 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have commented on VTEX. Weiss Ratings downgraded shares of VTEX from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, July 31st. Bradesco Corretora downgraded VTEX to a “neutral” rating and set a $4.50 target price on the stock. in a report on Friday, August 7th. Finally, UBS Group lifted their price target on VTEX from $4.00 to $4.10 and gave the company a “neutral” rating in a research note on Friday, May 8th. Three research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $5.07.

Institutional Investors Weigh In On VTEX

A number of hedge funds have recently made changes to their positions in VTEX. Summit Securities Group LLC acquired a new position in VTEX during the 1st quarter worth approximately $29,000. ProShare Advisors LLC acquired a new stake in VTEX in the fourth quarter valued at approximately $39,000. Aquatic Capital Management LLC acquired a new stake in VTEX in the third quarter valued at approximately $41,000. Ieq Capital LLC bought a new stake in shares of VTEX during the fourth quarter worth $41,000. Finally, nVerses Capital LLC bought a new stake in shares of VTEX during the fourth quarter worth $49,000. 63.69% of the stock is currently owned by institutional investors and hedge funds.

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.