VTEX (NYSE:VTEX) CEO Carmo Thomaz Junior Geraldo Do Sells 4,808 Shares of Stock

Key Points

• VTEX CEO Geraldo Thomaz sold 4,808 shares at an average price of $4.03, generating $19,376.24. Following the transaction, he directly owned 1,126,817 shares; the sale was disclosed in an SEC filing.
• VTEX shares fell 1.1% to $3.94, with the company valued at approximately $670.9 million. The stock has traded between $2.84 and $4.60 over the past year.
• Analysts maintain a consensus “Hold” rating on VTEX, with an average price target of $4.60, while institutional investors own 63.69% of the company’s outstanding shares.

VTEX (NYSE:VTEX - Get Free Report) CEO Geraldo Thomaz sold 4,808 shares of the stock in a transaction that occurred on Monday, October 26th. The stock was sold at an average price of $4.03, for a total value of $19,376.24. Following the sale, the chief executive officer directly owned 1,126,817 shares of the company's stock, valued at approximately $4,541,072.51. The trade was a 0.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Carmo Thomaz Junior Geraldo Do also recently made the following trade(s):

• On Monday, October 19th, Geraldo Thomaz sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.09, for a total value of $19,664.72.
• On Monday, October 12th, Geraldo Thomaz sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.00, for a total value of $19,232.00.
• On Monday, August 10th, Geraldo Thomaz 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, Geraldo Thomaz sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.40, for a total value of $21,155.20.

VTEX Stock Down 1.1%

NYSE VTEX traded down $0.04 on Tuesday, hitting $3.94. 510,952 shares of the company were exchanged, compared to its average volume of 1,146,638. The company has a current ratio of 2.91, a quick ratio of 2.91 and a debt-to-equity ratio of 0.02. The stock has a fifty day moving average of $3.75 and a 200-day moving average of $3.75. VTEX has a 12 month low of $2.84 and a 12 month high of $4.60. The company has a market cap of $670.88 million, a PE ratio of 24.60, a PEG ratio of 0.52 and a beta of 0.94.

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

Institutional Investors Weigh In On VTEX

Several institutional investors and hedge funds have recently bought and sold shares of VTEX. Kapitalo Investimentos Ltda bought a new stake in VTEX during the third quarter worth approximately $36,000. Corient Private Wealth LP acquired a new stake in VTEX in the 2nd quarter worth approximately $58,000. AXQ Capital LP acquired a new stake in VTEX in the 2nd quarter valued at approximately $47,000. Public Employees Retirement System of Ohio bought a new position in VTEX during the second quarter valued at about $67,000. Finally, Globeflex Capital L P acquired a new position in VTEX in the second quarter worth about $1,144,000. Institutional investors and hedge funds own 63.69% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on VTEX shares. Itau BBA Securities reaffirmed a "market perform" rating and set a $4.50 price objective on shares of VTEX in a research report on Tuesday, August 25th. Bradesco Corretora cut shares of VTEX to a "neutral" rating and set a $4.50 target price for the company. in a research note on Friday, August 7th. Wall Street Zen cut shares of VTEX from a "strong-buy" rating to a "buy" rating in a research note on Sunday, October 11th. Morgan Stanley set a $4.00 price objective on shares of VTEX and gave the company an "equal weight" rating in a research note on Friday, August 28th. Finally, Weiss Ratings downgraded VTEX from a "hold (c)" rating to a "hold (c-)" rating in a research report on Friday, July 31st. Two research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, VTEX currently has a consensus rating of "Hold" and an average price target of $4.60.

About VTEX

VTEX NYSE: VTEX is a global digital commerce technology company that provides software for businesses to create, operate and expand online sales channels. Its platform supports business-to-consumer, business-to-business and marketplace commerce, helping companies manage digital storefronts, catalogs, pricing, promotions, payments and customer experiences.

The company's offerings include commerce management, an order management system, marketplace capabilities and tools designed to support headless and omnichannel retail strategies.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.