Key Points
- VTEX CEO Mariano Gomide de Faria sold 4,808 shares at an average price of $4.03, generating $19,376.24; his direct stake fell 0.53% to 899,505 shares. He has made several similar sales in recent months.
- VTEX shares opened at $3.92, with a market capitalization of approximately $667 million. The company recently reported quarterly EPS of $0.06, exceeding estimates, while revenue of $64.39 million slightly missed expectations.
- Analysts have a consensus “Hold” rating and a $4.60 price target, while institutional investors own 63.69% of VTEX’s outstanding stock.
VTEX (NYSE:VTEX - Get Free Report) CEO Mariano Gomide de Faria sold 4,808 shares of the business's stock in a transaction dated Monday, October 26th. The shares were sold at an average price of $4.03, for a total transaction of $19,376.24. Following the completion of the sale, the chief executive officer directly owned 899,505 shares of the company's stock, valued at $3,625,005.15. This represents a 0.53% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
De Faria Mariano Gomide also recently made the following trade(s):
- On Monday, October 19th, Mariano Gomide de Faria sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.10, for a total transaction of $19,712.80.
- On Monday, October 12th, Mariano Gomide de Faria sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.00, for a total transaction of $19,232.00.
- On Monday, August 10th, Mariano Gomide de Faria sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.05, for a total value of $19,472.40.
- On Monday, August 3rd, Mariano Gomide de Faria sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.40, for a total value of $21,155.20.
VTEX Price Performance
VTEX stock opened at $3.92 on Wednesday. The stock's fifty day moving average price is $3.76 and its two-hundred day moving average price is $3.75. VTEX has a one year low of $2.84 and a one year high of $4.60. The firm has a market cap of $667.45 million, a PE ratio of 24.47 and a beta of 0.94.
VTEX (NYSE:VTEX - Get Free Report) last announced its quarterly earnings data on Friday, August 7th. The company reported $0.06 earnings per share for the quarter, beating the consensus estimate of $0.05 by $0.01. The company had revenue of $64.39 million during the quarter, compared to analyst estimates of $64.69 million. Sell-side analysts expect that VTEX will post 0.21 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
A number of analysts have recently weighed in on VTEX shares. Jefferies Financial Group reaffirmed a "buy" rating and set a $5.10 price target on shares of VTEX in a report on Thursday, August 27th. Wall Street Zen lowered shares of VTEX from a "strong-buy" rating to a "buy" rating in a research report on Sunday, October 11th. Weiss Ratings cut shares of VTEX from a "hold (c)" rating to a "hold (c-)" rating in a research note on Friday, July 31st. Bradesco Corretora downgraded shares of VTEX to a "neutral" rating and set a $4.50 price objective for the company. in a research report on Friday, August 7th. Finally, Morgan Stanley set a $4.00 target price on VTEX and gave the stock an "equal weight" rating in a research note on Friday, August 28th. Two investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. According to MarketBeat.com, VTEX has a consensus rating of "Hold" and a consensus price target of $4.60.
Get Our Latest Stock Report on VTEX
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Summit Securities Group LLC bought a new position in shares of VTEX in the first quarter worth about $29,000. Kapitalo Investimentos Ltda bought a new stake in shares of VTEX during the 3rd quarter valued at approximately $36,000. AXQ Capital LP bought a new stake in shares of VTEX during the 2nd quarter valued at approximately $47,000. Corient Private Wealth LP acquired a new position in VTEX during the 2nd quarter worth approximately $58,000. Finally, Public Employees Retirement System of Ohio acquired a new position in VTEX during the 2nd quarter worth approximately $67,000. Institutional investors own 63.69% of the company's stock.
VTEX Company Profile
(
Get Free Report)
VTEX (NYSE: VTEX) is a global digital commerce technology company that provides software for businesses to create, operate and expand online sales channels. Its platform supports business-to-consumer, business-to-business and marketplace commerce, helping companies manage digital storefronts, catalogs, pricing, promotions, payments and customer experiences.
The company's offerings include commerce management, an order management system, marketplace capabilities and tools designed to support headless and omnichannel retail strategies.
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