De Faria Mariano Gomide Sells 4,808 Shares of VTEX (NYSE:VTEX) Stock

VTEX (NYSE:VTEX) CEO De Faria Mariano Gomide sold 4,808 shares of VTEX stock in a transaction on Monday, June 29th. The shares were sold at an average price of $4.04, for a total transaction of $19,424.32. Following the completion of the sale, the chief executive officer owned 1,062,777 shares in the company, valued at $4,293,619.08. The trade was a 0.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

De Faria Mariano Gomide also recently made the following trade(s):

• On Friday, June 26th, De Faria Mariano Gomide 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, De Faria Mariano Gomide 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 Thursday, May 7th, De Faria Mariano Gomide 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.
• On Monday, April 27th, De Faria Mariano Gomide 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.
• On Monday, April 20th, De Faria Mariano Gomide 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, De Faria Mariano Gomide 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, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.04, for a total value of $19,424.32.

VTEX Trading Up 3.8%

NYSE:VTEX opened at $4.15 on Thursday. The stock has a market capitalization of $708.22 million, a PE ratio of 34.62, a P/E/G ratio of 0.55 and a beta of 1.03. VTEX has a 1-year low of $2.84 and a 1-year high of $6.82. The firm has a fifty day simple moving average of $3.74 and a 200 day simple moving average of $3.66.

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

Analysts Set New Price Targets

Several equities research analysts recently issued reports on VTEX shares. Brean Capital upgraded shares of VTEX from a “hold” rating to a “buy” rating and set a $5.00 target price for the company in a research note on Wednesday, March 11th. Wall Street Zen raised VTEX from a “buy” rating to a “strong-buy” rating in a research report on Sunday, April 12th. Weiss Ratings upgraded VTEX from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, May 21st. Finally, UBS Group raised their price objective on VTEX from $4.00 to $4.10 and gave the company a “neutral” rating in a research report on Friday, May 8th. Three equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $5.18.

Institutional Trading of VTEX

A number of hedge funds have recently modified their holdings of the stock. Summit Securities Group LLC bought a new stake in shares of VTEX during the 1st quarter worth about $29,000. State of Wyoming acquired a new stake in VTEX during the second quarter worth approximately $59,000. Aquatic Capital Management LLC bought a new stake in shares of VTEX during the third quarter worth approximately $41,000. ProShare Advisors LLC acquired a new position in shares of VTEX in the fourth quarter valued at approximately $39,000. Finally, Ieq Capital LLC acquired a new position in shares of VTEX in the fourth quarter valued at approximately $41,000. 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.