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

VTEX (NYSE:VTEX) CEO Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $4.06, for a total value of $19,520.48. Following the transaction, the chief executive officer directly owned 1,261,727 shares in the company, valued at approximately $5,122,611.62. The trade was a 0.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Monday, June 29th, Carmo Thomaz Junior Geraldo Do 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, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.00, for a total transaction of $19,232.00.
• On Monday, June 1st, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.00, for a total transaction of $19,232.00.
• On Thursday, May 7th, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.01, for a total transaction of $19,280.08.
• On Monday, April 27th, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.01, for a total transaction of $19,280.08.
• On Monday, April 20th, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.16, for a total transaction of $20,001.28.
• On Monday, April 13th, Carmo Thomaz Junior Geraldo Do 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 Price Performance

Shares of VTEX stock opened at $3.98 on Friday. VTEX has a one year low of $2.84 and a one year high of $6.82. The company’s fifty day moving average price is $3.74 and its 200-day moving average price is $3.67. The company has a market capitalization of $677.70 million, a price-to-earnings ratio of 33.12, a PEG ratio of 0.55 and a beta of 1.03.

VTEX (NYSE:VTEX) last issued its earnings results on Thursday, May 7th. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.01). VTEX had a return on equity of 9.68% and a net margin of 9.40%.The firm had revenue of $60.70 million during the quarter, compared to the consensus estimate of $60.65 million. Equities research analysts expect that VTEX will post 0.19 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Millennium Management LLC increased its position in VTEX by 202.5% in the third quarter. Millennium Management LLC now owns 1,530,983 shares of the company’s stock worth $6,706,000 after purchasing an additional 1,024,911 shares during the last quarter. Jacobs Levy Equity Management Inc. bought a new position in VTEX during the third quarter valued at $4,412,000. Citadel Advisors LLC grew its stake in shares of 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 buying an additional 850,132 shares in the last quarter. Polar Capital Holdings Plc grew its stake in shares of 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 buying an additional 748,712 shares in the last quarter. Finally, BW Gestao de Investimentos Ltda. increased its holdings in shares of VTEX by 1,301.0% in the 2nd quarter. BW Gestao de Investimentos Ltda. now owns 746,757 shares of the company’s stock worth $4,929,000 after buying an additional 693,457 shares during the last quarter. 63.69% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

VTEX has been the subject of several research analyst reports. Weiss Ratings upgraded VTEX from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, May 21st. Wall Street Zen raised VTEX from a “buy” rating to a “strong-buy” rating in a report on Sunday, April 12th. Finally, UBS Group upped their price target on VTEX from $4.00 to $4.10 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $5.18.

About VTEX

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.