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

Key Points

• VTEX CEO Mariano Gomide de Faria sold 4,808 shares at an average price of $4.10, generating $19,712.80. He retained 904,313 shares valued at approximately $3.71 million.
• The CEO has made several similar sales since late July, each involving 4,808 shares, with transaction prices ranging from $4.00 to $4.40.
• VTEX shares recently traded at $4.21, while analysts maintain a consensus “Hold” rating with an average price target of $4.60. The company’s latest quarterly earnings of $0.06 per share exceeded estimates by $0.01.

VTEX (NYSE:VTEX - Get Free Report) CEO Mariano Gomide de Faria sold 4,808 shares of the firm's stock in a transaction that occurred on Monday, October 19th. The shares were sold at an average price of $4.10, for a total transaction of $19,712.80. Following the completion of the sale, the chief executive officer owned 904,313 shares of the company's stock, valued at approximately $3,707,683.30. This trade represents a 0.53% decrease in their ownership of the stock. The sale was disclosed in a 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, October 12th, Mariano Gomide de Faria sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.00, for a total transaction of $19,232.00.
• 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 stock was sold at an average price of $4.40, for a total value of $21,155.20.
• On Monday, July 27th, Mariano Gomide de Faria sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.01, for a total value of $19,280.08.

VTEX Stock Performance

VTEX traded up $0.04 on Tuesday, reaching $4.21. 129,103 shares of the stock were exchanged, compared to its average volume of 1,154,378. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.91 and a quick ratio of 2.91. The company's 50-day moving average price is $3.72 and its 200 day moving average price is $3.85. The firm has a market capitalization of $718.62 million, a PE ratio of 26.35, a PEG ratio of 0.53 and a beta of 0.94. VTEX has a fifty-two week low of $2.84 and a fifty-two week high of $4.62.

VTEX (NYSE:VTEX - Get Free Report) last announced its quarterly earnings data 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. 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, sell-side analysts forecast that VTEX will post 0.21 EPS for the current fiscal year.

Institutional Trading of VTEX

Several hedge funds and other institutional investors have recently bought and sold shares of VTEX. Summit Securities Group LLC acquired a new position in shares of VTEX during the 1st quarter worth about $29,000. AXQ Capital LP acquired a new stake in VTEX in the 2nd quarter worth about $47,000. Corient Private Wealth LP acquired a new stake in VTEX in the 2nd quarter worth about $58,000. Public Employees Retirement System of Ohio acquired a new stake in VTEX in the 2nd quarter worth about $67,000. Finally, State of Wyoming purchased a new stake in VTEX during the 1st quarter worth approximately $70,000. 63.69% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. 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 report on Friday, August 28th. Bradesco Corretora lowered shares of VTEX to a "neutral" rating and set a $4.50 price objective on the stock. in a research note on Friday, August 7th. Jefferies Financial Group reissued a "buy" rating and set a $5.10 target price on shares of VTEX in a report on Thursday, August 27th. Finally, Itau BBA Securities reissued a "market perform" rating and set a $4.50 target price on shares of VTEX in a report on Tuesday, August 25th. Two analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $4.60.

About VTEX

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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