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

VTEX (NYSE:VTEX) CEO Mariano Gomide de Faria sold 4,808 shares of VTEX stock in a transaction dated Monday, October 12th. The stock was sold at an average price of $4.00, for a total value of $19,232.00. Following the completion of the sale, the chief executive officer directly owned 909,121 shares in the company, valued at $3,636,484. This trade represents a 0.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

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

• On Monday, August 10th, Mariano Gomide de Faria sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.05, for a total value of $19,472.40.
• On Monday, August 3rd, Mariano Gomide de Faria sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.40, for a total value of $21,155.20.
• On Monday, July 27th, Mariano Gomide de Faria 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, Mariano Gomide de Faria 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.

VTEX Stock Performance

NYSE VTEX opened at $4.25 on Friday. The stock has a market capitalization of $723.73 million, a PE ratio of 26.53, a P/E/G ratio of 0.51 and a beta of 0.94. The business has a 50 day simple moving average of $3.72 and a two-hundred day simple moving average of $3.85. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.91 and a quick ratio of 2.91. VTEX has a 1-year low of $2.84 and a 1-year high of $4.62.

VTEX (NYSE:VTEX) last released its quarterly earnings data on Friday, August 7th. The company reported $0.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.05 by $0.01. The business had revenue of $64.39 million for the quarter, compared to the consensus estimate of $64.69 million. VTEX had a return on equity of 12.98% and a net margin of 11.98%. On average, research analysts predict that VTEX will post 0.21 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently weighed in on VTEX shares. Bradesco Corretora cut shares of VTEX to a “neutral” rating and set a $4.50 price target on the stock. in a research report on Friday, August 7th. Wall Street Zen downgraded shares of VTEX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, October 11th. Itau BBA Securities reiterated a “market perform” rating and set a $4.50 price objective on shares of VTEX in a research report on Tuesday, August 25th. Weiss Ratings lowered shares of VTEX from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, July 31st. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $5.10 price objective on shares of VTEX in a research note on Thursday, August 27th. Two analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $4.60.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Summit Securities Group LLC bought a new stake in VTEX during the first quarter worth approximately $29,000. AXQ Capital LP purchased a new stake in VTEX during the second quarter valued at approximately $47,000. Corient Private Wealth LP purchased a new stake in VTEX during the second quarter valued at approximately $58,000. Public Employees Retirement System of Ohio bought a new stake in shares of VTEX in the 2nd quarter valued at approximately $67,000. Finally, State of Wyoming bought a new stake in shares of VTEX in the 1st quarter valued at approximately $70,000. Hedge funds and other institutional investors own 63.69% of the company’s stock.

VTEX Company Profile

VTEX is a global digital commerce technology company that provides a cloud-based platform for retailers and consumer brands. Its software is designed to support online stores, marketplaces and unified commerce operations, helping businesses manage digital sales across multiple channels and customer touchpoints.

The VTEX platform includes capabilities for catalog and content management, pricing and promotions, checkout, payments, order management, customer experience and marketplace operations.