VTEX (NYSE:VTEX) Insider Andre Spolidoro Ferreira Gomes Sells 15,000 Shares of Stock

Key Points

• VTEX insider Andre Spolidoro Ferreira Gomes sold 15,000 shares at an average price of $4.04, generating $60,600. After the sale, he owned 301,431 shares, a 4.74% reduction in his holdings.
• VTEX shares recently traded at $3.83, within a 52-week range of $2.84 to $4.73. The company reported quarterly EPS of $0.06, exceeding analyst expectations, while revenue of $64.39 million narrowly missed estimates.
• Analysts maintain a generally cautious outlook, with an average rating of “Hold” and an average price target of $5.07; institutional investors own 63.69% of the company.

VTEX (NYSE:VTEX - Get Free Report) insider Andre Spolidoro Ferreira Gomes sold 15,000 shares of the company's stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $4.04, for a total transaction of $60,600.00. Following the completion of the sale, the insider directly owned 301,431 shares of the company's stock, valued at approximately $1,217,781.24. This represents a 4.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Andre Spolidoro Ferreira Gomes also recently made the following trade(s):

• On Monday, May 18th, Andre Spolidoro Ferreira Gomes sold 1,500 shares of VTEX stock. The shares were sold at an average price of $3.51, for a total transaction of $5,265.00.

VTEX Price Performance

NYSE:VTEX traded down $0.10 during midday trading on Wednesday, hitting $3.83. 1,032,174 shares of the stock were exchanged, compared to its average volume of 1,282,939. VTEX has a one year low of $2.84 and a one year high of $4.73. The company has a market capitalization of $652.96 million, a price-to-earnings ratio of 23.94, a P/E/G ratio of 0.56 and a beta of 1.02. The business has a 50-day moving average price of $3.97 and a two-hundred day moving average price of $3.77. The company has a current ratio of 2.91, a quick ratio of 2.91 and a debt-to-equity ratio of 0.02.

VTEX (NYSE:VTEX - Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.06 EPS for the quarter, topping analysts' consensus estimates of $0.05 by $0.01. The company had revenue of $64.39 million for the quarter, compared to the consensus estimate of $64.69 million. VTEX had a return on equity of 12.98% and a net margin of 11.98%. Sell-side analysts predict that VTEX will post 0.19 EPS for the current year.

Institutional Investors Weigh In On VTEX

Several hedge funds have recently modified their holdings of VTEX. Summit Securities Group LLC acquired a new stake in VTEX during the 1st quarter worth about $29,000. ProShare Advisors LLC acquired a new position in VTEX in the 4th quarter worth approximately $39,000. Aquatic Capital Management LLC acquired a new position in VTEX in the 3rd quarter worth approximately $41,000. Ieq Capital LLC purchased a new position in VTEX during the 4th quarter worth approximately $41,000. Finally, nVerses Capital LLC purchased a new position in VTEX during the 4th quarter worth approximately $49,000. 63.69% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

VTEX has been the topic of several recent research reports. Weiss Ratings cut shares of VTEX from a "hold (c)" rating to a "hold (c-)" rating in a research note on Friday, July 31st. UBS Group raised their target price on shares of VTEX from $4.00 to $4.10 and gave the stock a "neutral" rating in a report on Friday, May 8th. Finally, Bradesco Corretora lowered shares of VTEX to a "neutral" rating and set a $4.50 price target on the stock. in a research report on Friday, August 7th. Three equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $5.07.

About VTEX

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.

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