VTEX (NYSE:VTEX) CEO Sells $19,280.08 in Stock
by Renee Jackson · The Cerbat GemVTEX (NYSE:VTEX – Get Free Report) CEO De Faria Mariano Gomide sold 4,808 shares of the firm’s stock in a transaction on Tuesday, March 31st. The stock was sold at an average price of $4.01, for a total transaction of $19,280.08. Following the completion of the transaction, the chief executive officer directly owned 41,241 shares of the company’s stock, valued at approximately $165,376.41. This represents a 10.44% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.
VTEX Trading Up 0.1%
NYSE:VTEX opened at $4.06 on Friday. The company has a market capitalization of $701.47 million, a P/E ratio of 36.87, a PEG ratio of 0.59 and a beta of 1.17. The company has a current ratio of 3.04, a quick ratio of 3.04 and a debt-to-equity ratio of 0.01. VTEX has a 12 month low of $2.84 and a 12 month high of $6.82. The firm has a fifty day simple moving average of $3.52 and a 200-day simple moving average of $3.85.
VTEX (NYSE:VTEX – Get Free Report) last released its earnings results on Thursday, February 26th. The company reported $0.05 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.05. The firm had revenue of $67.95 million for the quarter, compared to the consensus estimate of $68.11 million. VTEX had a return on equity of 8.24% and a net margin of 8.32%. On average, equities research analysts anticipate that VTEX will post 0.08 earnings per share for the current year.
Wall Street Analyst Weigh In
Several analysts have recently commented on the stock. UBS Group downgraded shares of VTEX from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $8.00 to $4.00 in a report on Wednesday, January 14th. Brean Capital raised shares of VTEX from a “hold” rating to a “buy” rating and set a $5.00 target price for the company in a report on Wednesday, March 11th. Weiss Ratings raised shares of VTEX from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, March 19th. Finally, Wall Street Zen cut VTEX from a “strong-buy” rating to a “buy” rating in a report on Saturday. Four investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $5.97.
View Our Latest Stock Report on VTEX
Hedge Funds Weigh In On VTEX
Several institutional investors and hedge funds have recently modified their holdings of VTEX. Ameritas Investment Partners Inc. acquired a new position in VTEX in the 2nd quarter worth about $39,000. ProShare Advisors LLC purchased a new position in VTEX during the fourth quarter worth approximately $39,000. Aquatic Capital Management LLC purchased a new position in VTEX during the third quarter worth approximately $41,000. Ieq Capital LLC acquired a new stake in VTEX in the fourth quarter valued at approximately $41,000. Finally, nVerses Capital LLC acquired a new stake in VTEX in the fourth quarter valued at approximately $49,000. Hedge funds and other institutional investors 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.