Key Points
- Director Alejandro Raul Scannapieco sold 15,937 VTEX shares on May 22 at an average price of $3.59, totaling about $57,214. After the sale, he still held 9,965 shares, a 61.53% reduction in his stake.
- VTEX recently reported Q1 earnings of $0.02 per share, missing analyst expectations by $0.01, while revenue of $60.7 million was roughly in line with estimates. The company’s stock opened around $3.54, near its 50-day and 200-day moving averages.
- Analysts currently rate VTEX as a Moderate Buy, with four Buy ratings and three Hold ratings and an average price target of $5.98. Recent updates included upgrades from Brean Capital and Wall Street Zen, while UBS maintained a neutral stance with a slightly higher target.
VTEX (NYSE:VTEX - Get Free Report) Director Alejandro Raul Scannapieco sold 15,937 shares of the company's stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $3.59, for a total value of $57,213.83. Following the completion of the transaction, the director directly owned 9,965 shares in the company, valued at approximately $35,774.35. This represents a 61.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
VTEX Price Performance
Shares of NYSE VTEX opened at $3.54 on Thursday. The stock's fifty day moving average price is $3.87 and its two-hundred day moving average price is $3.70. VTEX has a one year low of $2.84 and a one year high of $6.82. The firm has a market cap of $602.68 million, a price-to-earnings ratio of 29.46, a P/E/G ratio of 0.50 and a beta of 1.05.
VTEX (NYSE:VTEX - Get Free Report) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.02 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 firm had revenue of $60.70 million during the quarter, compared to analyst estimates of $60.65 million. On average, equities analysts anticipate that VTEX will post 0.19 earnings per share for the current fiscal year.
Institutional Trading of VTEX
Several institutional investors and hedge funds have recently modified their holdings of VTEX. Summit Securities Group LLC bought a new stake in shares of VTEX during the 1st quarter worth $29,000. ProShare Advisors LLC bought a new stake in shares of VTEX during the 4th quarter worth $39,000. Aquatic Capital Management LLC bought a new stake in shares of VTEX during the 3rd quarter worth $41,000. Ieq Capital LLC bought a new stake in shares of VTEX during the 4th quarter worth $41,000. Finally, nVerses Capital LLC bought a new stake in shares of VTEX during the 4th quarter worth $49,000. 63.69% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
A number of research analysts have commented on the company. Brean Capital raised VTEX from a "hold" rating to a "buy" rating and set a $5.00 price objective on the stock in a report on Wednesday, March 11th. UBS Group increased their target price on VTEX from $4.00 to $4.10 and gave the stock a "neutral" rating in a report on Friday, May 8th. Wall Street Zen raised VTEX from a "buy" rating to a "strong-buy" rating in a report on Sunday, April 12th. Finally, Weiss Ratings raised VTEX from a "sell (d+)" rating to a "hold (c-)" rating in a report on Thursday, May 21st. Four investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $5.98.
Read Our Latest Report on VTEX
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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