Key Points
- Insider sale: VTEX insider Andre Spolidoro Ferreira Gomes sold 3,000 shares for $10,710 at an average price of $3.57, reducing his holdings by 1% to 298,431 shares. He also sold 15,000 shares for $60,600 on August 10.
- Quarterly results: VTEX reported earnings of $0.06 per share, beating analyst expectations of $0.05, while revenue of $64.39 million fell slightly short of estimates.
- Market outlook: The stock opened at $3.54, below its 50-day moving average of $3.97. Analysts maintain an overall “Hold” rating with an average price target of $5.07, while institutional investors own 63.69% of the company.
VTEX (NYSE:VTEX - Get Free Report) insider Andre Spolidoro Ferreira Gomes sold 3,000 shares of the stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $3.57, for a total value of $10,710.00. Following the completion of the transaction, the insider owned 298,431 shares of the company's stock, valued at $1,065,398.67. This represents a 1.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.
Andre Spolidoro Ferreira Gomes also recently made the following trade(s):
- On Monday, August 10th, Andre Spolidoro Ferreira Gomes sold 15,000 shares of VTEX stock. The shares were sold at an average price of $4.04, for a total value of $60,600.00.
VTEX Stock Performance
NYSE:VTEX opened at $3.54 on Wednesday. The stock's 50-day moving average is $3.97 and its 200-day moving average is $3.78. VTEX has a 1-year low of $2.84 and a 1-year high of $4.73. The company has a current ratio of 2.91, a quick ratio of 2.91 and a debt-to-equity ratio of 0.02. The stock has a market cap of $604.39 million, a P/E ratio of 22.16, a price-to-earnings-growth ratio of 0.52 and a beta of 1.02.
VTEX (NYSE:VTEX - Get Free Report) last issued its quarterly earnings data on Friday, August 7th. The company reported $0.06 earnings per share (EPS) for the quarter, beating 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 analyst estimates of $64.69 million. Equities research analysts anticipate that VTEX will post 0.19 earnings per share for the current year.
Analysts Set New Price Targets
VTEX has been the subject of a number of recent research reports. UBS Group increased their price objective on VTEX from $4.00 to $4.10 and gave the company a "neutral" rating in a report on Friday, May 8th. Weiss Ratings lowered VTEX from a "hold (c)" rating to a "hold (c-)" rating in a research report on Friday, July 31st. Finally, Bradesco Corretora lowered VTEX to a "neutral" rating and set a $4.50 price target on the stock. in a research report on Friday, August 7th. Three investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $5.07.
Get Our Latest Stock Analysis on VTEX
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of the company. Millennium Management LLC boosted 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 purchasing an additional 1,024,911 shares in the last quarter. Jacobs Levy Equity Management Inc. bought a new stake in VTEX in the third quarter worth approximately $4,412,000. Citadel Advisors LLC lifted its stake in VTEX by 524.5% in the third quarter. Citadel Advisors LLC now owns 1,012,225 shares of the company's stock valued at $4,434,000 after buying an additional 850,132 shares during the period. Polar Capital Holdings Plc lifted its stake in VTEX by 11.9% in the third quarter. Polar Capital Holdings Plc now owns 7,034,043 shares of the company's stock valued at $30,809,000 after buying an additional 748,712 shares during the period. Finally, BW Gestao de Investimentos Ltda. lifted its stake in VTEX by 1,301.0% in the second quarter. BW Gestao de Investimentos Ltda. now owns 746,757 shares of the company's stock valued at $4,929,000 after buying an additional 693,457 shares during the period. Institutional investors and hedge funds own 63.69% of the company's stock.
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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