Key Points
- VTEX CEO De Faria Mariano Gomide sold 4,808 shares on March 31 at an average price of $4.01, trimming his stake by 10.44% to 41,241 shares (worth about $165,376).
- The stock trades around $4 (opened $4.06), has a market cap of ~$701.5M and a P/E of 36.9, and houses a consensus "Moderate Buy" rating with a target price of $5.97.
- Institutional investors have been increasing exposure—Goldman Sachs, Jane Street and Mirae Asset made notable additions—leaving institutions owning about 63.69% of shares.
VTEX (NYSE:VTEX - Get Free Report) CEO De Faria Mariano Gomide sold 4,808 shares of the company's stock in a transaction that occurred on Tuesday, March 31st. The shares were sold at an average price of $4.01, for a total value of $19,280.08. Following the completion of the transaction, the chief executive officer directly owned 41,241 shares in the company, valued at $165,376.41. The trade was a 10.44% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
VTEX Stock Performance
NYSE:VTEX opened at $4.06 on Friday. The stock has a 50 day simple moving average of $3.50 and a 200 day simple moving average of $3.85. The stock has a market cap of $701.47 million, a P/E ratio of 36.87, a PEG ratio of 0.59 and a beta of 1.17. VTEX has a 1-year low of $2.84 and a 1-year high of $6.82. The company has a current ratio of 3.04, a quick ratio of 3.04 and a debt-to-equity ratio of 0.01.
VTEX (NYSE:VTEX - Get Free Report) last issued its quarterly earnings data on Thursday, February 26th. The company reported $0.05 EPS for the quarter, meeting analysts' consensus estimates of $0.05. The firm had revenue of $67.95 million for the quarter, compared to analyst estimates of $68.11 million. VTEX had a return on equity of 8.24% and a net margin of 8.32%. Research analysts anticipate that VTEX will post 0.08 earnings per share for the current year.
Wall Street Analyst Weigh In
VTEX has been the topic of a number of recent research reports. Wall Street Zen raised shares of VTEX from a "buy" rating to a "strong-buy" rating in a research report on Saturday, February 14th. Brean Capital raised shares of VTEX from a "hold" rating to a "buy" rating and set a $5.00 price objective for the company in a report on Wednesday, March 11th. UBS Group lowered shares of VTEX from a "buy" rating to a "neutral" rating and decreased their target price for the stock from $8.00 to $4.00 in a research report on Wednesday, January 14th. Finally, Weiss Ratings raised shares of VTEX from a "sell (d+)" rating to a "hold (c-)" rating in a report on Thursday, March 19th. Four equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $5.97.
View Our Latest Analysis on VTEX
Institutional Investors Weigh In On VTEX
Large investors have recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of VTEX by 37.8% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 36,822 shares of the company's stock worth $187,000 after buying an additional 10,110 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in VTEX by 61.6% in the first quarter. Goldman Sachs Group Inc. now owns 220,758 shares of the company's stock valued at $1,119,000 after buying an additional 84,189 shares in the last quarter. Jane Street Group LLC grew its position in VTEX by 1,570.1% in the first quarter. Jane Street Group LLC now owns 187,146 shares of the company's stock valued at $949,000 after acquiring an additional 175,940 shares during the last quarter. Geode Capital Management LLC bought a new position in VTEX in the second quarter valued at about $4,543,000. Finally, Intech Investment Management LLC acquired a new position in VTEX during the second quarter worth about $200,000. Institutional investors and hedge funds own 63.69% of the company's stock.
VTEX Company Profile
(
Get Free Report)
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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