VTEX (NYSE:VTEX - Get Free Report) Director Alejandro Raul Scannapieco sold 11,994 shares of VTEX stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $3.67, for a total value of $44,017.98. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.
VTEX Stock Down 1.2%
Shares of VTEX stock opened at $3.62 on Wednesday. VTEX has a 1 year low of $2.84 and a 1 year high of $4.73. The business has a 50-day moving average of $3.98 and a two-hundred day moving average of $3.80. The company has a market capitalization of $616.32 million, a P/E ratio of 22.60, a price-to-earnings-growth ratio of 0.51 and a beta of 1.02. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.91 and a quick ratio of 2.91.
VTEX (NYSE:VTEX - Get Free Report) last released its quarterly earnings results on Friday, August 7th. The company reported $0.06 EPS for the quarter, topping analysts' consensus estimates of $0.05 by $0.01. VTEX had a return on equity of 12.98% and a net margin of 11.98%.The company had revenue of $64.39 million for the quarter, compared to analyst estimates of $64.69 million. As a group, equities analysts predict that VTEX will post 0.19 EPS for the current year.
Wall Street Analyst Weigh In
A number of brokerages recently commented on VTEX. Itau BBA Securities restated a "market perform" rating and set a $4.50 price objective on shares of VTEX in a report on Tuesday. Bradesco Corretora cut VTEX to a "neutral" rating and set a $4.50 target price for the company. in a report on Friday, August 7th. UBS Group lifted their price target on 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 lowered VTEX from a "hold (c)" rating to a "hold (c-)" rating in a report on Friday, July 31st. Three equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $4.99.
Check Out Our Latest Stock Analysis on VTEX
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of VTEX. Polar Capital Holdings Plc increased its holdings in 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 buying an additional 748,712 shares during the last quarter. Millennium Management LLC grew its position in shares of VTEX by 36.6% in the 4th quarter. Millennium Management LLC now owns 2,091,811 shares of the company's stock valued at $7,865,000 after acquiring an additional 560,828 shares during the period. State Street Corp increased its stake in shares of VTEX by 7.7% during the 4th quarter. State Street Corp now owns 1,590,672 shares of the company's stock worth $5,981,000 after purchasing an additional 114,256 shares during the last quarter. Citadel Advisors LLC increased its stake in shares of VTEX by 524.5% during 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. Finally, Jacobs Levy Equity Management Inc. bought a new stake in shares of VTEX in the 3rd quarter valued at about $4,412,000. 63.69% of the stock is currently owned by institutional investors.
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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