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

VTEX (NYSE:VTEX) CEO De Faria Mariano Gomide sold 4,808 shares of the business’s stock in a transaction on Monday, April 6th. The shares were sold at an average price of $4.04, for a total transaction of $19,424.32. Following the transaction, the chief executive officer owned 36,433 shares of the company’s stock, valued at $147,189.32. This represents a 11.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Tuesday, March 31st, 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 transaction of $19,280.08.

VTEX Trading Up 0.4%

NYSE VTEX opened at $3.98 on Thursday. The company has a market capitalization of $687.64 million, a PE ratio of 36.14, a P/E/G ratio of 0.59 and a beta of 1.17. The company has a fifty day moving average of $3.55 and a 200 day moving average of $3.84. VTEX has a 1 year low of $2.84 and a 1 year high of $6.82. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.04 and a quick ratio of 3.04.

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

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. UBS Group downgraded shares of VTEX from a “buy” rating to a “neutral” rating and decreased their target price for the company from $8.00 to $4.00 in a research report on Wednesday, January 14th. 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 report on Wednesday, March 11th. Wall Street Zen downgraded shares of VTEX from a “strong-buy” rating to a “buy” rating in a research report on Saturday, April 4th. Finally, Weiss Ratings downgraded shares of VTEX from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday. Four research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $5.97.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of VTEX. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of VTEX by 37.8% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 36,822 shares of the company’s stock worth $187,000 after acquiring an additional 10,110 shares during the period. Goldman Sachs Group Inc. raised its position in shares of VTEX by 61.6% in the first quarter. Goldman Sachs Group Inc. now owns 220,758 shares of the company’s stock worth $1,119,000 after acquiring an additional 84,189 shares during the period. Jane Street Group LLC raised its position in shares of VTEX by 1,570.1% in the first quarter. Jane Street Group LLC now owns 187,146 shares of the company’s stock worth $949,000 after acquiring an additional 175,940 shares during the period. Geode Capital Management LLC acquired a new position in shares of VTEX in the second quarter worth about $4,543,000. Finally, Legal & General Group Plc raised its position in shares of VTEX by 2,007.5% in the second quarter. Legal & General Group Plc now owns 276,995 shares of the company’s stock worth $1,828,000 after acquiring an additional 263,852 shares during the period. Institutional investors and hedge funds own 63.69% of the company’s stock.

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.