Andre Spolidoro Ferreira Gomes Sells 15,000 Shares of VTEX (NYSE:VTEX) Stock

VTEX (NYSE:VTEX) insider Andre Spolidoro Ferreira Gomes sold 15,000 shares of VTEX stock in a transaction on Monday, August 10th. The shares were sold at an average price of $4.04, for a total value of $60,600.00. Following the transaction, the insider owned 301,431 shares in the company, valued at $1,217,781.24. This represents a 4.74% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

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

• On Monday, May 18th, Andre Spolidoro Ferreira Gomes sold 1,500 shares of VTEX stock. The stock was sold at an average price of $3.51, for a total value of $5,265.00.

VTEX Stock Down 2.5%

VTEX stock traded down $0.10 during mid-day trading on Wednesday, hitting $3.83. The company’s stock had a trading volume of 1,032,174 shares, compared to its average volume of 1,282,939. VTEX has a 52-week low of $2.84 and a 52-week high of $4.73. The company has a market cap of $652.96 million, a PE ratio of 23.94, a price-to-earnings-growth ratio of 0.56 and a beta of 1.02. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.91 and a quick ratio of 2.91. The firm’s 50 day moving average is $3.97 and its 200 day moving average is $3.77.

VTEX (NYSE:VTEX) last released its earnings results on Thursday, August 6th. The company reported $0.06 earnings per share 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 analysts’ expectations of $64.69 million. VTEX had a return on equity of 12.98% and a net margin of 11.98%. On average, analysts anticipate that VTEX will post 0.19 earnings per share for the current year.

Wall Street Analyst Weigh In

VTEX has been the topic of several research reports. Bradesco Corretora lowered shares of VTEX to a “neutral” rating and set a $4.50 price objective on the stock. in a research note on Friday, August 7th. Weiss Ratings cut shares of VTEX from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, July 31st. Finally, UBS Group upped their price target on shares of VTEX from $4.00 to $4.10 and gave the stock a “neutral” rating in a research note 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 company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $5.07.

Institutional Investors Weigh In On VTEX

Institutional investors and hedge funds have recently modified their holdings of the business. Price T Rowe Associates Inc. MD grew its holdings in VTEX by 11.7% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 32,306 shares of the company’s stock valued at $122,000 after buying an additional 3,389 shares during the last quarter. Van ECK Associates Corp lifted its holdings in shares of VTEX by 18.5% during the third quarter. Van ECK Associates Corp now owns 30,759 shares of the company’s stock worth $135,000 after buying an additional 4,802 shares during the last quarter. Barclays PLC lifted its holdings in shares of VTEX by 6.3% during the fourth quarter. Barclays PLC now owns 87,792 shares of the company’s stock worth $330,000 after buying an additional 5,169 shares during the last quarter. Summit Securities Group LLC bought a new stake in shares of VTEX in the first quarter valued at approximately $29,000. Finally, MQS Management LLC boosted its position in shares of VTEX by 59.0% in the fourth quarter. MQS Management LLC now owns 23,512 shares of the company’s stock valued at $88,000 after acquiring an additional 8,722 shares during the period. Institutional investors and hedge funds own 63.69% of the company’s stock.

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.