Key Points
- VTEX CEO Carmo Thomaz Junior Geraldo Do sold 4,808 shares on June 1 at an average price of $4.00, totaling $19,232. The sale was disclosed in an SEC filing and was made to cover tax withholding obligations tied to vested equity awards.
- The CEO has been actively selling shares in recent months, with multiple similar transactions reported in March, April, and May, each involving 4,808 shares.
- VTEX reported mixed recent results and maintains a cautious analyst outlook: quarterly EPS came in at $0.02, slightly below estimates, while revenue was in line. Analysts currently rate the stock a “Moderate Buy” with an average price target of $5.98.
VTEX (NYSE:VTEX - Get Free Report) CEO Carmo Thomaz Junior Geraldo Do sold 4,808 shares of the firm's stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $4.00, for a total transaction of $19,232.00. Following the completion of the sale, the chief executive officer directly owned 401,151 shares in the company, valued at $1,604,604. This represents a 1.18% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Carmo Thomaz Junior Geraldo Do also recently made the following trade(s):
- On Thursday, May 7th, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.01, for a total transaction of $19,280.08.
- On Monday, April 27th, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The shares were 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 shares were 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 shares were 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 shares were 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 shares were sold at an average price of $4.01, for a total transaction of $19,280.08.
VTEX Price Performance
Shares of VTEX opened at $3.91 on Thursday. The firm's 50 day simple moving average is $3.87 and its 200 day simple moving average is $3.70. The company has a market capitalization of $665.76 million, a P/E ratio of 32.54, a P/E/G ratio of 0.54 and a beta of 1.05. VTEX has a 1-year low of $2.84 and a 1-year high of $6.82.
VTEX (NYSE:VTEX - Get Free Report) last announced its earnings results on Thursday, May 7th. The company reported $0.02 earnings per share for the quarter, missing analysts' consensus estimates of $0.03 by ($0.01). The company had revenue of $60.70 million during the quarter, compared to analysts' expectations of $60.65 million. VTEX had a net margin of 9.40% and a return on equity of 9.68%. On average, equities analysts anticipate that VTEX will post 0.19 earnings per share for the current year.
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the business. Bank of America Corp DE increased its stake in VTEX by 56.0% in the 1st quarter. Bank of America Corp DE now owns 683,062 shares of the company's stock worth $2,732,000 after purchasing an additional 245,306 shares during the period. Sei Investments Co. purchased a new position in VTEX in the 1st quarter worth approximately $844,000. Globeflex Capital L P purchased a new position in VTEX in the 1st quarter worth approximately $1,144,000. State of Wyoming purchased a new position in VTEX in the 1st quarter worth approximately $70,000. Finally, Principal Financial Group Inc. increased its stake in VTEX by 32.2% in the 1st quarter. Principal Financial Group Inc. now owns 330,139 shares of the company's stock worth $1,321,000 after purchasing an additional 80,460 shares during the period. 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 a number of recent analyst reports. UBS Group raised their target price on shares of VTEX from $4.00 to $4.10 and gave the company a "neutral" rating in a research note on Friday, May 8th. Brean Capital raised shares of VTEX from a "hold" rating to a "buy" rating and set a $5.00 price target on the stock in a research note on Wednesday, March 11th. Wall Street Zen raised shares of VTEX from a "buy" rating to a "strong-buy" rating in a research note on Sunday, April 12th. Finally, Weiss Ratings raised shares of VTEX from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Thursday, May 21st. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $5.98.
Get Our Latest Analysis on VTEX
About VTEX
(
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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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