VTEX (NYSE:VTEX) CEO Sells $19,232.00 in Stock

Key Points

• VTEX CEO Mariano Gomide de Faria sold 4,808 shares at an average price of $4.00, generating $19,232. After the transaction, he retained 909,121 shares, a 0.53% reduction in ownership.
• VTEX shares fell 2.5% to $4.08, with the stock trading between a 52-week low of $2.84 and high of $4.62. The company recently beat quarterly EPS estimates, reporting $0.06 versus the expected $0.05.
• Analyst sentiment is mixed, with three Buy ratings and six Holds; the consensus rating is Hold, with an average price target of $4.69. Institutional investors own 63.69% of VTEX.

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 shares were sold at an average price of $4.00, for a total transaction of $19,232.00. Following the transaction, the chief executive officer owned 909,121 shares of the company's stock, valued at $3,636,484. The trade was a 0.53% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

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

VTEX Stock Down 2.5%

VTEX stock traded down $0.10 on Wednesday, reaching $4.08. 980,696 shares of the company traded hands, compared to its average volume of 1,166,434. VTEX has a one year low of $2.84 and a one year high of $4.62. 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 has a market cap of $694.75 million, a P/E ratio of 25.47, a price-to-earnings-growth ratio of 0.50 and a beta of 0.94. The firm has a fifty day simple moving average of $3.72 and a 200-day simple moving average of $3.84.

VTEX (NYSE:VTEX - Get Free Report) last announced its quarterly earnings data on Friday, August 7th. The company reported $0.06 earnings per share (EPS) 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 during the quarter, compared to analysts' expectations of $64.69 million. Research analysts anticipate that VTEX will post 0.21 earnings per share for the current year.

Hedge Funds Weigh In On VTEX

A number of hedge funds have recently added to or reduced their stakes in the company. Summit Securities Group LLC purchased a new stake in VTEX during the 1st quarter valued at $29,000. AXQ Capital LP bought a new stake in shares of VTEX in the 2nd quarter worth $47,000. Corient Private Wealth LP bought a new stake in VTEX in the 2nd quarter worth about $58,000. Public Employees Retirement System of Ohio purchased a new position in VTEX in the 2nd quarter worth about $67,000. Finally, State of Wyoming purchased a new position in VTEX in the 1st quarter worth about $70,000. 63.69% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have recently issued reports on VTEX. Bradesco Corretora lowered VTEX to a "neutral" rating and set a $4.50 price target for the company. in a research report on Friday, August 7th. Itau BBA Securities reiterated a "market perform" rating and issued a $4.50 price target on shares of VTEX in a research note on Tuesday, August 25th. Wall Street Zen downgraded shares of 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 objective on shares of VTEX in a research note on Thursday, August 27th. Finally, 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. Three analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $4.69.

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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