Key Points
- VTEX CEO Mariano Gomide de Faria sold 4,808 shares for $19,232 at $4.00 each, reducing his stake by 0.53%; he still owned 894,697 shares after the transaction.
- VTEX reported quarterly EPS of $0.06, beating the $0.05 consensus, while revenue of $64.39 million fell slightly short of analysts’ $64.69 million expectation.
- Analyst sentiment is mostly neutral: six analysts rate the stock Hold and two rate it Buy, with an average price target of $4.60.
VTEX (NYSE:VTEX - Get Free Report) CEO Mariano Gomide de Faria sold 4,808 shares of the stock in a transaction on Monday, November 2nd. The stock was sold at an average price of $4.00, for a total value of $19,232.00. Following the sale, the chief executive officer owned 894,697 shares in the company, valued at $3,578,788. The trade was a 0.53% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
De Faria Mariano Gomide also recently made the following trade(s):
- On Monday, October 26th, Mariano Gomide de Faria sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.03, for a total value of $19,376.24.
- On Monday, October 19th, Mariano Gomide de Faria sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.10, for a total value of $19,712.80.
- On Monday, October 12th, Mariano Gomide de Faria sold 4,808 shares of VTEX stock. The shares were sold at an average price of $4.00, for a total value of $19,232.00.
- On Monday, August 10th, Mariano Gomide de Faria sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.05, for a total transaction of $19,472.40.
VTEX Stock Down 0.4%
Shares of NYSE VTEX opened at $3.96 on Wednesday. VTEX has a 12-month low of $2.84 and a 12-month high of $4.60. The firm's 50-day simple moving average is $3.79 and its 200 day simple moving average is $3.76. The company has a quick ratio of 2.91, a current ratio of 2.91 and a debt-to-equity ratio of 0.02. The company has a market cap of $675.99 million, a price-to-earnings ratio of 24.78, a price-to-earnings-growth ratio of 0.54 and a beta of 1.05.
VTEX (NYSE:VTEX - Get Free Report) last posted 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 firm had revenue of $64.39 million during the quarter, compared to analysts' expectations of $64.69 million. VTEX had a net margin of 11.98% and a return on equity of 12.98%. On average, research analysts expect that VTEX will post 0.21 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of VTEX. Hsbc Holdings PLC acquired a new stake in shares of VTEX during the 1st quarter worth approximately $2,302,000. Globeflex Capital L P bought a new stake in shares of VTEX during the first quarter worth approximately $1,144,000. Bank of America Corp DE raised its stake in shares of VTEX by 56.0% during the first quarter. Bank of America Corp DE now owns 683,062 shares of the company's stock worth $2,732,000 after buying an additional 245,306 shares during the last quarter. Sei Investments Co. bought a new stake in shares of VTEX during the first quarter worth approximately $844,000. Finally, Principal Financial Group Inc. lifted its holdings in VTEX by 32.2% in the first quarter. Principal Financial Group Inc. now owns 330,139 shares of the company's stock valued at $1,321,000 after buying an additional 80,460 shares during the period. Institutional investors own 63.69% of the company's stock.
Wall Street Analysts Forecast Growth
VTEX has been the topic of several research analyst reports. Morgan Stanley cut shares of VTEX from an "overweight" rating to an "equal weight" rating and set a $4.00 price target on the stock. in a research note on Friday, August 28th. Wall Street Zen cut shares of VTEX from a "strong-buy" rating to a "buy" rating in a research report on Sunday, October 11th. Itau BBA Securities cut shares of VTEX from an "outperform" rating to a "market perform" rating and set a $4.50 price objective for the company. in a research report on Tuesday, August 25th. Bradesco Corretora downgraded VTEX to a "neutral" rating and set a $4.50 price objective on the stock. in a report on Friday, August 7th. Finally, Weiss Ratings reiterated a "hold (c-)" rating on shares of VTEX in a research report on Thursday, October 29th. Two equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $4.60.
Get Our Latest Stock Analysis on VTEX
About VTEX
(
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.
Further Reading
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