KeyBanc analyst Michael Turits maintained a Hold rating on VTEX (VTEX – Research Report) today. The company’s shares closed yesterday at $5.86.
According to TipRanks, Turits is a top 100 analyst with an average return of 16.4% and a 66.06% success rate. Turits covers the Technology sector, focusing on stocks such as Palo Alto Networks, Splunk, and Datadog.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for VTEX with a $6.56 average price target.
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VTEX market cap is currently $1.11B and has a P/E ratio of -41,977.08.
Based on the recent corporate insider activity of 15 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of VTEX in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
VTEX (VTEX) Company Description:
Vtex provides a software-as-a-service digital commerce platform for enterprise brands and retailers. Its platform enables customers to execute their commerce strategy, including building online stores, integrating and managing orders across channels, and creating marketplaces to sell products from third-party vendors. It generates maximum revenues from Brazil followed by Latin America and the rest of the world.
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