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

VTEX (NYSE:VTEX) CEO Carmo Thomaz Junior Geraldo Do sold 4,808 shares of the firm’s stock in a transaction dated Thursday, May 7th. 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 directly owned 382,411 shares in the company, valued at approximately $1,533,468.11. This represents a 1.24% 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 link.

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

• 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 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.
• 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 transaction 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 transaction of $19,280.08.

VTEX Trading Down 7.9%

Shares of VTEX stock opened at $3.45 on Tuesday. The firm has a market capitalization of $587.32 million, a PE ratio of 28.71, a price-to-earnings-growth ratio of 0.54 and a beta of 1.05. The firm’s 50 day moving average is $3.93 and its 200 day moving average is $3.78. VTEX has a 1 year low of $2.84 and a 1 year high of $6.82.

VTEX (NYSE:VTEX) last announced 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 company had revenue of $60.70 million for the quarter, compared to the consensus estimate of $60.65 million. VTEX had a net margin of 9.40% and a return on equity of 9.68%. As a group, research analysts anticipate that VTEX will post 0.19 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. UBS Group lifted their target price on shares of VTEX from $4.00 to $4.10 and gave the stock a “neutral” rating in a research report on Friday. Wall Street Zen upgraded shares of VTEX from a “buy” rating to a “strong-buy” rating in a research report on Sunday, April 12th. Brean Capital upgraded shares of VTEX from a “hold” rating to a “buy” rating and set a $5.00 target price on the stock in a research report on Wednesday, March 11th. Finally, Weiss Ratings downgraded shares of VTEX from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday. Four equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $5.98.

Institutional Investors Weigh In On VTEX

Hedge funds have recently added to or reduced their stakes in the business. Polar Capital Holdings Plc lifted its position 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 purchasing an additional 748,712 shares during the period. Millennium Management LLC lifted its position in shares of VTEX by 36.6% in 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 period. State Street Corp lifted its position in shares of VTEX by 7.7% in 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 period. Citadel Advisors LLC lifted its position 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 purchasing an additional 850,132 shares during the period. Finally, Jacobs Levy Equity Management Inc. acquired a new position in shares of VTEX in the 3rd quarter worth approximately $4,412,000. 63.69% of the stock is currently owned by institutional investors and hedge funds.

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.