VTEX (NYSE:VTEX) Stock: Insider Andre Spolidoro Ferreira Gomes Sells 3,000 Shares

Key Points

• VTEX insider André Spolidoro Ferreira Gomes sold 3,000 shares at an average price of $4.19, generating $12,570. After the sale, he retained 302,831 shares, a 0.98% reduction in his position.
• VTEX shares traded at $4.21, with a market capitalization of approximately $718.6 million. The company recently reported quarterly EPS of $0.06, exceeding analyst expectations, while revenue of $64.39 million came in slightly below forecasts.
• Analyst sentiment remains mixed, with two Buy ratings and six Hold ratings; the stock has an average target price of $4.60. Institutional investors and hedge funds own 63.69% of VTEX.

VTEX (NYSE:VTEX - Get Free Report) insider André Spolidoro sold 3,000 shares of the 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 $1,268,861.89. This represents a 0.98% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

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 Price Performance

Shares of VTEX stock traded up $0.04 during trading hours on Tuesday, hitting $4.21. 129,103 shares of the company's stock were exchanged, compared to its average volume of 1,154,378. VTEX has a fifty-two week low of $2.84 and a fifty-two week high of $4.62. The firm has a market cap of $718.62 million, a P/E ratio of 26.35, a P/E/G ratio of 0.53 and a beta of 0.94. The company has a quick ratio of 2.91, a current ratio of 2.91 and a debt-to-equity ratio of 0.02. The firm has a 50 day moving average of $3.72 and a two-hundred day moving average of $3.85.

VTEX (NYSE:VTEX - Get Free Report) last released its quarterly earnings results 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. The firm had revenue of $64.39 million for the quarter, compared to analysts' expectations of $64.69 million. VTEX had a net margin of 11.98% and a return on equity of 12.98%. Sell-side analysts forecast that VTEX will post 0.21 EPS for the current year.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. Wall Street Zen lowered shares of VTEX from a "strong-buy" rating to a "buy" rating in a research report on Sunday, October 11th. Bradesco Corretora downgraded shares of VTEX to a "neutral" rating and set a $4.50 price target for the company. in a research report on Friday, August 7th. 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. Jefferies Financial Group reaffirmed a "buy" rating and issued a $5.10 price target on shares of VTEX in a research note on Thursday, August 27th. Finally, Itau BBA Securities reiterated a "market perform" rating and issued a $4.50 price objective 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. Based on data from MarketBeat, VTEX presently has an average rating of "Hold" and an average target price of $4.60.

Institutional Inflows and Outflows

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

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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