VTEX (NYSE:VTEX – Get Free Report) insider André Spolidoro sold 3,000 shares of VTEX stock in a transaction that occurred on Friday, October 16th. The stock was sold at an average price of $4.19, for a total value of $12,570.00. Following the transaction, the insider owned 302,831 shares in the company, valued at approximately $1,268,861.89. The trade was a 0.98% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Andre Spolidoro Ferreira Gomes also recently made the following trade(s):
- On Monday, August 17th, André Spolidoro sold 3,000 shares of VTEX stock. The shares were sold at an average price of $3.57, for a total value of $10,710.00.
- On Monday, August 10th, André Spolidoro sold 15,000 shares of VTEX stock. The shares were sold at an average price of $4.04, for a total value of $60,600.00.
VTEX Trading Up 0.8%
Shares of VTEX traded up $0.04 during midday trading on Tuesday, reaching $4.21. The company had a trading volume of 129,103 shares, compared to its average volume of 1,154,378. VTEX has a 1-year low of $2.84 and a 1-year high of $4.62. The stock has a market cap of $718.62 million, a PE ratio of 26.35, a price-to-earnings-growth ratio of 0.53 and a beta of 0.94. The firm has a 50 day simple moving average of $3.72 and a 200-day simple moving average of $3.85. The company has a quick ratio of 2.91, a current ratio of 2.91 and a debt-to-equity ratio of 0.02.
VTEX (NYSE:VTEX – Get Free Report) last posted its quarterly earnings results on Friday, August 7th. The company reported $0.06 EPS for the quarter, topping the consensus estimate of $0.05 by $0.01. The business had revenue of $64.39 million for the quarter, compared to analyst estimates of $64.69 million. VTEX had a return on equity of 12.98% and a net margin of 11.98%. Research analysts forecast that VTEX will post 0.21 EPS for the current fiscal year.
Wall Street Analyst Weigh In
A number of equities analysts have commented on the stock. Jefferies Financial Group reaffirmed a “buy” rating and set a $5.10 target price on shares of VTEX in a research note on Thursday, August 27th. Morgan Stanley set a $4.00 price target on shares of VTEX and gave the company an “equal weight” rating in a research note on Friday, August 28th. Bradesco Corretora downgraded shares of VTEX to a “neutral” rating and set a $4.50 price target for the company. in a report on Friday, August 7th. Itau BBA Securities restated a “market perform” rating and set a $4.50 price target on shares of VTEX in a report on Tuesday, August 25th. Finally, Weiss Ratings lowered shares of VTEX from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, July 31st. Two analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, VTEX has a consensus rating of “Hold” and a consensus target price of $4.60.
Read Our Latest Report on VTEX
Institutional Inflows and Outflows
A number of large investors have recently bought and sold shares of the stock. Bank of America Corp DE lifted 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 valued at $2,732,000 after buying an additional 245,306 shares during the last quarter. Hsbc Holdings PLC acquired a new stake in shares of VTEX during the first quarter valued at about $2,302,000. Principal Financial Group Inc. increased its position in shares of VTEX by 32.2% during the first quarter. Principal Financial Group Inc. now owns 330,139 shares of the company’s stock valued at $1,321,000 after acquiring an additional 80,460 shares during the last quarter. Globeflex Capital L P acquired a new stake in shares of VTEX during the first quarter valued at about $1,144,000. Finally, Sei Investments Co. acquired a new stake in shares of VTEX during the first quarter valued at about $844,000. Institutional investors and hedge funds 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.
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