Key Points
- VTEX insider Andre Spolidoro Ferreira Gomes sold 15,000 shares at an average $4.04, generating $60,600. After the transaction, he retained 301,431 shares, a 4.74% reduction in his holdings.
- VTEX shares opened at $3.86, down 1.8%, with a market capitalization of about $658 million. The company recently reported quarterly EPS of $0.06, exceeding estimates, while revenue of $64.39 million was slightly below expectations.
- Analyst sentiment remains cautious, with a consensus “Hold” rating and an average price target of $5.07; institutional investors own approximately 63.69% of the stock.
VTEX (NYSE:VTEX - Get Free Report) insider Andre Spolidoro Ferreira Gomes sold 15,000 shares of the business's stock in a transaction on Monday, August 10th. The shares were sold at an average price of $4.04, for a total value of $60,600.00. Following the completion of the sale, the insider directly owned 301,431 shares in the company, valued at approximately $1,217,781.24. This represents a 4.74% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Andre Spolidoro Ferreira Gomes also recently made the following trade(s):
- On Monday, May 18th, Andre Spolidoro Ferreira Gomes sold 1,500 shares of VTEX stock. The stock was sold at an average price of $3.51, for a total value of $5,265.00.
VTEX Stock Down 1.8%
Shares of NYSE:VTEX opened at $3.86 on Thursday. VTEX has a 52 week low of $2.84 and a 52 week high of $4.73. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.91 and a current ratio of 2.91. The company's fifty day moving average is $3.97 and its 200-day moving average is $3.77. The company has a market capitalization of $658.09 million, a PE ratio of 24.13, a P/E/G ratio of 0.54 and a beta of 1.02.
VTEX (NYSE:VTEX - Get Free Report) last announced its earnings results on Thursday, August 6th. The company reported $0.06 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.05 by $0.01. VTEX had a net margin of 11.98% and a return on equity of 12.98%. The business had revenue of $64.39 million during the quarter, compared to analysts' expectations of $64.69 million. Equities research analysts predict that VTEX will post 0.19 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Several brokerages have issued reports on VTEX. Bradesco Corretora downgraded VTEX to a "neutral" rating and set a $4.50 price objective for the company. in a research report on Friday, August 7th. Weiss Ratings lowered VTEX from a "hold (c)" rating to a "hold (c-)" rating in a research note on Friday, July 31st. Finally, UBS Group lifted their price target on VTEX from $4.00 to $4.10 and gave the company a "neutral" rating in a report on Friday, May 8th. Three investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $5.07.
Read Our Latest Research Report on VTEX
Institutional Trading of VTEX
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Millennium Management LLC raised its position in shares of VTEX by 202.5% during the 3rd quarter. Millennium Management LLC now owns 1,530,983 shares of the company's stock valued at $6,706,000 after acquiring an additional 1,024,911 shares during the last quarter. Jacobs Levy Equity Management Inc. bought a new position in shares of VTEX in the 3rd quarter worth $4,412,000. Citadel Advisors LLC boosted its position in shares of VTEX by 524.5% in the 3rd quarter. Citadel Advisors LLC now owns 1,012,225 shares of the company's stock worth $4,434,000 after purchasing an additional 850,132 shares during the last quarter. Polar Capital Holdings Plc grew its stake in shares of VTEX by 11.9% during the third quarter. Polar Capital Holdings Plc now owns 7,034,043 shares of the company's stock worth $30,809,000 after purchasing an additional 748,712 shares during the period. Finally, BW Gestao de Investimentos Ltda. grew its stake in shares of VTEX by 1,301.0% during the second quarter. BW Gestao de Investimentos Ltda. now owns 746,757 shares of the company's stock worth $4,929,000 after purchasing an additional 693,457 shares during the period. 63.69% of the stock is currently owned by institutional investors and hedge funds.
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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