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

VTEX (NYSE:VTEX – Get Free Report) CEO Mariano Gomide de Faria sold 4,808 shares of VTEX stock in a transaction that occurred on Monday, October 12th. The stock was sold at an average price of $4.00, for a total transaction of $19,232.00. Following the completion of the sale, the chief executive officer owned 909,121 shares of the company’s stock, valued at $3,636,484. This represents a 0.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

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 shares were sold at an average price of $4.05, for a total transaction 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 transaction 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 transaction of $19,280.08.
  • On Monday, July 20th, Mariano Gomide de Faria sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.22, for a total transaction of $20,289.76.

VTEX Stock Performance

NYSE:VTEX traded down $0.10 during trading hours on Wednesday, reaching $4.08. The company had a trading volume of 980,696 shares, compared to its average volume of 1,166,434. The company has a current ratio of 2.91, a quick ratio of 2.91 and a debt-to-equity ratio of 0.02. VTEX has a 52 week low of $2.84 and a 52 week high of $4.62. The firm has a market cap of $694.75 million, a price-to-earnings ratio of 25.47, a PEG ratio of 0.50 and a beta of 0.94. The firm’s 50 day moving average price is $3.72 and its 200-day moving average price is $3.84.

VTEX (NYSE:VTEX – Get Free Report) last announced its earnings results on Friday, August 7th. The company reported $0.06 earnings per share for the quarter, beating analysts’ consensus estimates of $0.05 by $0.01. The business had revenue of $64.39 million during the quarter, compared to analyst estimates of $64.69 million. VTEX had a net margin of 11.98% and a return on equity of 12.98%. On average, analysts forecast that VTEX will post 0.21 EPS for the current year.

Institutional Investors Weigh In On VTEX

A number of hedge funds have recently modified their holdings of VTEX. Hsbc Holdings PLC bought a new stake in VTEX during the first quarter valued at about $2,302,000. Globeflex Capital L P purchased a new stake in VTEX in the second quarter worth about $1,144,000. Bank of America Corp DE increased its position in VTEX by 56.0% in the first quarter. Bank of America Corp DE now owns 683,062 shares of the company’s stock worth $2,732,000 after buying an additional 245,306 shares in the last quarter. Sei Investments Co. bought a new position in shares of VTEX in the first quarter worth about $844,000. Finally, Principal Financial Group Inc. raised its stake in shares of VTEX by 32.2% in the first quarter. Principal Financial Group Inc. now owns 330,139 shares of the company’s stock worth $1,321,000 after buying an additional 80,460 shares during the period. Institutional investors own 63.69% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently commented on VTEX shares. 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. Morgan Stanley set a $4.00 target price on VTEX and gave the company an “equal weight” rating in a report on Friday, August 28th. Wall Street Zen cut VTEX from a “strong-buy” rating to a “buy” rating in a research report on Sunday. Jefferies Financial Group restated a “buy” rating and set a $5.10 price target on shares of VTEX in a research note on Thursday, August 27th. Finally, Weiss Ratings downgraded VTEX from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, July 31st. Three analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $4.69.

View Our Latest Stock Analysis on VTEX

VTEX Company Profile

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for VTEX (NYSE:VTEX)

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