VTEX (NYSE:VTEX) CEO Sells $21,155.20 in Stock

VTEX (NYSE:VTEX) CEO Carmo Thomaz Junior Geraldo Do sold 4,808 shares of the stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $4.40, for a total value of $21,155.20. Following the transaction, the chief executive officer directly owned 1,242,495 shares of the company’s stock, valued at $5,466,978. The trade was a 0.39% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• On Monday, July 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 value of $19,280.08.
• On Monday, July 20th, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.22, for a total value of $20,289.76.
• On Monday, July 6th, Carmo Thomaz Junior Geraldo Do 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, 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 value of $19,424.32.
• On Friday, June 26th, Carmo Thomaz Junior Geraldo Do 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 Monday, June 1st, Carmo Thomaz Junior Geraldo Do 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, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.01, for a total transaction of $19,280.08.

VTEX Trading Down 0.6%

VTEX traded down $0.03 on Wednesday, hitting $4.41. 312,189 shares of the company’s stock were exchanged, compared to its average volume of 1,287,616. VTEX has a fifty-two week low of $2.84 and a fifty-two week high of $6.00. The stock has a market cap of $751.01 million, a price-to-earnings ratio of 36.65, a P/E/G ratio of 0.61 and a beta of 1.02. The firm has a 50-day moving average price of $3.94 and a 200-day moving average price of $3.74.

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

Analysts Set New Price Targets

VTEX has been the subject of a number of recent research reports. Wall Street Zen upgraded shares of VTEX from a “buy” rating to a “strong-buy” rating in a report on Sunday, April 12th. UBS Group boosted their target price on VTEX from $4.00 to $4.10 and gave the stock a “neutral” rating in a report on Friday, May 8th. Finally, Weiss Ratings lowered VTEX from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday. Three research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $5.18.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Millennium Management LLC increased its position in VTEX by 202.5% during the third quarter. Millennium Management LLC now owns 1,530,983 shares of the company’s stock worth $6,706,000 after purchasing an additional 1,024,911 shares during the last quarter. Jacobs Levy Equity Management Inc. acquired a new position in VTEX in the 3rd quarter valued at about $4,412,000. Citadel Advisors LLC grew its stake 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 valued at $4,434,000 after buying an additional 850,132 shares during the period. Polar Capital Holdings Plc grew its stake 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 valued at $30,809,000 after buying an additional 748,712 shares during the period. Finally, BW Gestao de Investimentos Ltda. increased its holdings in shares of VTEX by 1,301.0% during the 2nd quarter. BW Gestao de Investimentos Ltda. now owns 746,757 shares of the company’s stock worth $4,929,000 after buying an additional 693,457 shares during the last quarter. 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.