Key Points
- VTEX CEO Carmo Thomaz Junior Geraldo Do sold 4,808 shares on June 26 at $4.00 per share, totaling $19,232, and now directly owns about 1.27 million shares. The sale was a small 0.38% reduction in his position and was disclosed in an SEC filing.
- This was part of a repeated pattern of insider sales, with the CEO also selling 4,808 shares on multiple dates in April and June at prices mostly around $4.00 to $4.16. These transactions suggest a steady, preplanned trimming of holdings rather than a one-off trade.
- VTEX shares were up 4.1% to $4.21 on the day of the report, while the company recently reported Q1 earnings of $0.02 per share, missing estimates by $0.01. Analysts currently rate the stock a Moderate Buy with an average price target of $5.18.
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 Friday, June 26th. The stock was sold at an average price of $4.00, for a total value of $19,232.00. Following the completion of the sale, the chief executive officer directly owned 1,271,343 shares in the company, valued at approximately $5,085,372. This trade represents a 0.38% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Carmo Thomaz Junior Geraldo Do also recently made the following trade(s):
- On Monday, June 1st, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.00, for a total value of $19,232.00.
- On Thursday, May 7th, 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 value 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 value 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 value 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 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 Trading Up 4.1%
Shares of NYSE:VTEX opened at $4.21 on Tuesday. The firm's 50 day moving average is $3.75 and its two-hundred day moving average is $3.66. The firm has a market capitalization of $716.89 million, a P/E ratio of 35.04, a PEG ratio of 0.56 and a beta of 1.05. VTEX has a 52 week low of $2.84 and a 52 week high of $6.82.
VTEX (NYSE:VTEX - Get Free Report) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.01). VTEX had a return on equity of 9.68% and a net margin of 9.40%.The business had revenue of $60.70 million for the quarter, compared to analyst estimates of $60.65 million. Analysts predict that VTEX will post 0.19 EPS for the current year.
Institutional Trading of VTEX
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Summit Securities Group LLC purchased a new stake in VTEX during the first quarter valued at about $29,000. State of Wyoming purchased a new position in shares of VTEX in the second quarter worth approximately $59,000. Aquatic Capital Management LLC purchased a new position in shares of VTEX in the third quarter worth approximately $41,000. ProShare Advisors LLC purchased a new position in shares of VTEX in the fourth quarter worth approximately $39,000. Finally, Ieq Capital LLC acquired a new stake in shares of VTEX during the fourth quarter valued at approximately $41,000. Institutional investors and hedge funds own 63.69% of the company's stock.
Analysts Set New Price Targets
A number of brokerages have issued reports on VTEX. Wall Street Zen upgraded VTEX from a "buy" rating to a "strong-buy" rating in a research report on Sunday, April 12th. Brean Capital raised VTEX from a "hold" rating to a "buy" rating and set a $5.00 price target on the stock in a report on Wednesday, March 11th. UBS Group lifted their price objective 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. Finally, Weiss Ratings raised shares of VTEX from a "sell (d+)" rating to a "hold (c-)" rating in a report on Thursday, May 21st. Three equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $5.18.
Check Out 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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