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

VTEX (NYSE:VTEX) CEO Geraldo Thomaz sold 4,808 shares of VTEX stock in a transaction on Monday, October 19th. The stock was sold at an average price of $4.09, for a total value of $19,664.72. Following the sale, the chief executive officer directly owned 1,131,625 shares of the company’s stock, valued at approximately $4,628,346.25. This trade represents a 0.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

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

• 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 value of $19,232.00.
• On Monday, August 10th, Geraldo Thomaz sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.05, for a total value 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 value of $21,155.20.
• On Monday, July 27th, Geraldo Thomaz 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.

VTEX Price Performance

Shares of VTEX opened at $4.21 on Wednesday. The stock has a market cap of $716.91 million, a P/E ratio of 26.28, a price-to-earnings-growth ratio of 0.52 and a beta of 0.94. VTEX has a 1 year low of $2.84 and a 1 year high of $4.62. The stock’s 50-day moving average price is $3.73 and its two-hundred day moving average price is $3.85. 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 (NYSE:VTEX) last announced its quarterly earnings results on Friday, August 7th. The company reported $0.06 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 12.98% and a net margin of 11.98%. On average, equities analysts predict that VTEX will post 0.21 earnings per share for the current year.

Institutional Investors Weigh In On VTEX

Several large investors have recently modified their holdings of the business. Summit Securities Group LLC bought a new stake in shares of VTEX in the first quarter worth about $29,000. Kapitalo Investimentos Ltda bought a new position in shares of VTEX during the 3rd quarter valued at about $36,000. AXQ Capital LP bought a new position in shares of VTEX during the 2nd quarter valued at about $47,000. Corient Private Wealth LP bought a new position in shares of VTEX during the 2nd quarter valued at about $58,000. Finally, Public Employees Retirement System of Ohio bought a new position in shares of VTEX during the 2nd quarter valued at about $67,000. 63.69% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on VTEX. Morgan Stanley set a $4.00 price objective on shares of VTEX and gave the company an “equal weight” rating in a report on Friday, August 28th. Weiss Ratings lowered shares of VTEX from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, July 31st. Bradesco Corretora lowered shares of VTEX to a “neutral” rating and set a $4.50 target price on the stock. in a report on Friday, August 7th. Itau BBA Securities reissued a “market perform” rating and set a $4.50 price target on shares of VTEX in a research report on Tuesday, August 25th. 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 analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $4.60.

About VTEX

VTEX is a global digital commerce technology company that provides a cloud-based platform for retailers and consumer brands. Its software is designed to support online stores, marketplaces and unified commerce operations, helping businesses manage digital sales across multiple channels and customer touchpoints.

The VTEX platform includes capabilities for catalog and content management, pricing and promotions, checkout, payments, order management, customer experience and marketplace operations.