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, July 27th. The stock was sold at an average price of $4.01, for a total value of $19,280.08. Following the sale, the chief executive officer owned 1,043,545 shares of the company’s stock, valued at approximately $4,184,615.45. The trade was a 0.46% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Monday, July 20th, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.22, for a total value of $20,289.76.
• On Monday, July 6th, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.06, for a total value of $19,520.48.
• On Monday, June 29th, 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.
• On Friday, June 26th, 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 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 transaction 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 transaction of $19,280.08.

VTEX Trading Up 3.5%

Shares of NYSE:VTEX traded up $0.15 during trading on Wednesday, hitting $4.53. 1,054,721 shares of the company’s stock were exchanged, compared to its average volume of 1,300,820. The firm has a market cap of $771.47 million, a P/E ratio of 37.71, a PEG ratio of 0.58 and a beta of 1.03. The firm has a 50-day moving average price of $3.86 and a two-hundred day moving average price of $3.71. VTEX has a 1-year low of $2.84 and a 1-year high of $6.23.

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 the consensus estimate of $0.03 by ($0.01). VTEX had a net margin of 9.40% and a return on equity of 9.68%. The business had revenue of $60.70 million during the quarter, compared to analyst estimates of $60.65 million. As a group, research analysts predict that VTEX will post 0.19 EPS for the current year.

Institutional Investors Weigh In On VTEX

Hedge funds have recently bought and sold shares of the company. Summit Securities Group LLC acquired a new position in shares of VTEX in the 1st quarter valued at $29,000. ProShare Advisors LLC bought a new position in VTEX during the fourth quarter worth about $39,000. Aquatic Capital Management LLC bought a new position in VTEX during the third quarter worth about $41,000. Ieq Capital LLC acquired a new position in VTEX in the fourth quarter valued at about $41,000. Finally, nVerses Capital LLC acquired a new position in VTEX in the fourth quarter valued at about $49,000. 63.69% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Weiss Ratings upgraded VTEX from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, July 16th. Wall Street Zen upgraded VTEX from a “buy” rating to a “strong-buy” rating in a report on Sunday, April 12th. Finally, UBS Group increased their target price on VTEX from $4.00 to $4.10 and gave the company a “neutral” rating in a research note on Friday, May 8th. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $5.18.

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.