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 on Monday, June 1st. The shares were sold at an average price of $4.00, for a total transaction of $19,232.00. Following the completion of the sale, the chief executive officer directly owned 401,151 shares in the company, valued at $1,604,604. This represents a 1.18% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

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

• On Thursday, May 7th, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The shares were 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 shares were 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 shares were sold at an average price of $4.16, for a total value 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 value of $19,376.24.
• On Monday, April 6th, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.04, for a total value of $19,424.32.
• On Tuesday, March 31st, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.01, for a total value of $19,280.08.

VTEX Stock Performance

Shares of VTEX stock opened at $3.73 on Friday. The stock’s fifty day moving average is $3.87 and its two-hundred day moving average is $3.70. The firm has a market capitalization of $635.25 million, a P/E ratio of 31.05, a PEG ratio of 0.54 and a beta of 1.05. VTEX has a fifty-two week low of $2.84 and a fifty-two week high of $6.82.

VTEX (NYSE:VTEX) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.01). The firm had revenue of $60.70 million during the quarter, compared to analysts’ expectations of $60.65 million. VTEX had a net margin of 9.40% and a return on equity of 9.68%. On average, equities analysts forecast that VTEX will post 0.19 earnings per share for the current year.

Analysts Set New Price Targets

VTEX has been the topic of a number of research reports. Weiss Ratings upgraded VTEX from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, May 21st. Brean Capital upgraded VTEX from a “hold” rating to a “buy” rating and set a $5.00 price objective on the stock in a report on Wednesday, March 11th. Wall Street Zen upgraded VTEX from a “buy” rating to a “strong-buy” rating in a report on Sunday, April 12th. Finally, UBS Group lifted their price target on VTEX from $4.00 to $4.10 and gave the stock a “neutral” rating in a report on Friday, May 8th. Four analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $5.98.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Polar Capital Holdings Plc raised its holdings in shares of VTEX by 11.9% during the 3rd quarter. Polar Capital Holdings Plc now owns 7,034,043 shares of the company’s stock worth $30,809,000 after acquiring an additional 748,712 shares during the period. Millennium Management LLC increased its position in shares of VTEX by 36.6% during the 4th quarter. Millennium Management LLC now owns 2,091,811 shares of the company’s stock worth $7,865,000 after purchasing an additional 560,828 shares during the last quarter. State Street Corp increased its position in shares of VTEX by 7.7% during the 4th quarter. State Street Corp now owns 1,590,672 shares of the company’s stock worth $5,981,000 after purchasing an additional 114,256 shares during the last quarter. Citadel Advisors LLC increased its position in shares of VTEX by 524.5% during the 3rd quarter. Citadel Advisors LLC now owns 1,012,225 shares of the company’s stock worth $4,434,000 after purchasing an additional 850,132 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. acquired a new stake in shares of VTEX during the 3rd quarter worth about $4,412,000. Hedge funds and other institutional investors 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.