Insider Selling: VTEX (NYSE:VTEX) CEO Sells $19,280.08 in Stock

VTEX (NYSE:VTEX) CEO Carmo Thomaz Junior Geraldo Do sold 4,808 shares of the business’s stock in a transaction on Tuesday, March 31st. The shares were sold at an average price of $4.01, for a total transaction of $19,280.08. Following the completion of the transaction, the chief executive officer owned 227,773 shares of the company’s stock, valued at approximately $913,369.73. This represents a 2.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

VTEX Trading Up 0.1%

Shares of VTEX stock opened at $4.06 on Friday. VTEX has a fifty-two week low of $2.84 and a fifty-two week high of $6.82. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.04 and a current ratio of 3.04. The company has a market cap of $701.47 million, a P/E ratio of 36.87, a price-to-earnings-growth ratio of 0.59 and a beta of 1.17. The firm has a 50-day simple moving average of $3.52 and a two-hundred day simple moving average of $3.85.

VTEX (NYSE:VTEX) last issued its quarterly earnings results on Thursday, February 26th. The company reported $0.05 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.05. The company had revenue of $67.95 million for the quarter, compared to the consensus estimate of $68.11 million. VTEX had a return on equity of 8.24% and a net margin of 8.32%. As a group, equities analysts predict that VTEX will post 0.08 earnings per share for the current fiscal year.

Institutional Trading of VTEX

Several hedge funds and other institutional investors have recently bought and sold shares of VTEX. Price T Rowe Associates Inc. MD boosted its position in VTEX by 11.7% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 32,306 shares of the company’s stock valued at $122,000 after purchasing an additional 3,389 shares during the period. Van ECK Associates Corp lifted its holdings in VTEX by 18.5% in the 3rd quarter. Van ECK Associates Corp now owns 30,759 shares of the company’s stock valued at $135,000 after acquiring an additional 4,802 shares during the last quarter. Barclays PLC boosted its stake in shares of VTEX by 6.3% during the 4th quarter. Barclays PLC now owns 87,792 shares of the company’s stock worth $330,000 after acquiring an additional 5,169 shares in the last quarter. Ameritas Investment Partners Inc. acquired a new position in shares of VTEX in the second quarter worth about $39,000. Finally, MQS Management LLC boosted its stake in VTEX by 59.0% in the 4th quarter. MQS Management LLC now owns 23,512 shares of the company’s stock worth $88,000 after purchasing an additional 8,722 shares during the period. 63.69% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on VTEX. Weiss Ratings raised VTEX from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, March 19th. Wall Street Zen lowered shares of VTEX from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Brean Capital raised shares of VTEX from a “hold” rating to a “buy” rating and set a $5.00 price objective on the stock in a research report on Wednesday, March 11th. Finally, UBS Group lowered VTEX from a “buy” rating to a “neutral” rating and dropped their target price for the company from $8.00 to $4.00 in a report on Wednesday, January 14th. Four equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $5.97.

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.