Key Points
- VTEX CEO Carmo Thomaz Junior Geraldo Do sold 4,808 shares on May 7 at an average price of $4.01, for proceeds of $19,280.08. After the sale, he still held 382,411 shares valued at about $1.53 million.
- The CEO has made several similar sales in recent weeks, including transactions on April 27, April 20, April 13, April 6, and March 31, each involving 4,808 shares. These repeated sales point to a steady reduction in his position.
- VTEX reported Q1 earnings of $0.02 per share, missing estimates by $0.01, while revenue of $60.7 million was roughly in line with expectations. The stock was trading at $3.45, well below its 52-week high of $6.82, and analysts currently have a consensus rating of Hold with a $5.98 target price.
VTEX (NYSE:VTEX - Get Free Report) CEO Carmo Thomaz Junior Geraldo Do sold 4,808 shares of the business's stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $4.01, for a total transaction of $19,280.08. Following the completion of the transaction, the chief executive officer owned 382,411 shares in the company, valued at $1,533,468.11. This trade represents a 1.24% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.
Carmo Thomaz Junior Geraldo Do also recently made the following trade(s):
- On Monday, April 27th, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.01, for a total transaction of $19,280.08.
- On Monday, April 20th, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.16, for a total transaction of $20,001.28.
- On Monday, April 13th, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.03, for a total transaction of $19,376.24.
- On Monday, April 6th, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.04, for a total transaction of $19,424.32.
- On Tuesday, March 31st, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.01, for a total transaction of $19,280.08.
VTEX Stock Performance
Shares of NYSE VTEX opened at $3.45 on Tuesday. VTEX has a 52-week low of $2.84 and a 52-week high of $6.82. The company's 50 day moving average price is $3.93 and its 200-day moving average price is $3.78. The company has a market capitalization of $587.32 million, a P/E ratio of 28.71, a price-to-earnings-growth ratio of 0.54 and a beta of 1.05.
VTEX (NYSE:VTEX - Get Free Report) last released its earnings results on Thursday, May 7th. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.03 by ($0.01). VTEX had a net margin of 9.40% and a return on equity of 9.68%. The company had revenue of $60.70 million for the quarter, compared to analyst estimates of $60.65 million. Analysts forecast that VTEX will post 0.19 earnings per share for the current year.
Institutional Trading of VTEX
Institutional investors have recently made changes to their positions in the company. Summit Securities Group LLC bought a new stake in shares of VTEX in the 1st quarter worth $29,000. ProShare Advisors LLC bought a new stake in shares of VTEX in the 4th quarter worth $39,000. Aquatic Capital Management LLC bought a new stake in shares of VTEX in the 3rd quarter worth $41,000. Ieq Capital LLC bought a new stake in shares of VTEX in the 4th quarter worth $41,000. Finally, nVerses Capital LLC bought a new stake in shares of VTEX in the 4th quarter worth $49,000. Institutional investors own 63.69% of the company's stock.
Analyst Ratings Changes
A number of research firms recently issued reports on VTEX. Brean Capital upgraded shares of VTEX from a "hold" rating to a "buy" rating and set a $5.00 target price on the stock in a research report on Wednesday, March 11th. Wall Street Zen upgraded shares of VTEX from a "buy" rating to a "strong-buy" rating in a research report on Sunday, April 12th. Weiss Ratings downgraded shares of VTEX from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Thursday. Finally, UBS Group boosted their target price on shares of VTEX from $4.00 to $4.10 and gave the company a "neutral" rating in a research report on Friday. Four investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $5.98.
Read Our Latest Stock Report on VTEX
About VTEX
(
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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