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

VTEX (NYSE:VTEX) CEO De Faria Mariano Gomide sold 4,808 shares of the business’s stock in a transaction that occurred on Monday, April 20th. The stock was sold at an average price of $4.16, for a total transaction of $20,001.28. Following the completion of the transaction, the chief executive officer owned 26,817 shares of the company’s stock, valued at $111,558.72. This trade represents a 15.20% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Monday, April 13th, De Faria Mariano Gomide sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.03, for a total transaction of $19,376.24.
• On Monday, April 6th, 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 transaction of $19,424.32.
• On Tuesday, March 31st, De Faria Mariano Gomide 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 Stock Performance

VTEX stock opened at $4.28 on Thursday. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.04 and a quick ratio of 3.04. The company has a 50 day moving average price of $3.75 and a 200 day moving average price of $3.82. VTEX has a fifty-two week low of $2.84 and a fifty-two week high of $6.82. The stock has a market capitalization of $739.53 million, a PE ratio of 38.87, a price-to-earnings-growth ratio of 0.64 and a beta of 1.17.

VTEX (NYSE:VTEX) last posted its quarterly earnings data on Thursday, February 26th. The company reported $0.05 earnings per share for the quarter, hitting the consensus estimate of $0.05. VTEX had a net margin of 8.32% and a return on equity of 8.24%. The firm had revenue of $67.95 million during the quarter, compared to analysts’ expectations of $68.11 million. Analysts forecast that VTEX will post 0.18 EPS for the current year.

Institutional Trading of VTEX

Institutional investors and hedge funds have recently made changes to their positions in the business. State of Wyoming bought a new stake in shares of VTEX during the 2nd quarter valued at $59,000. Aquatic Capital Management LLC bought a new stake in shares of VTEX during the 3rd quarter valued at $41,000. ProShare Advisors LLC bought a new stake in shares of VTEX during the 4th quarter valued at $39,000. Ieq Capital LLC bought a new stake in shares of VTEX during the 4th quarter valued at $41,000. Finally, Virtu Financial LLC acquired a new position in shares of VTEX in the 3rd quarter valued at $51,000. Institutional investors own 63.69% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on VTEX shares. Wall Street Zen upgraded shares of VTEX from a “buy” rating to a “strong-buy” rating in a research report on Sunday, April 12th. UBS Group cut shares of VTEX from a “buy” rating to a “neutral” rating and dropped their target price for the company from $8.00 to $4.00 in a research report on Wednesday, January 14th. Weiss Ratings cut shares of VTEX from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, April 7th. Finally, 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. Four investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $5.97.

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.