Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Vertex Inc shares valued at $1,555,514 were purchased by Rowland Bryan T.R. on Mar 19 ’25. At $35.98 per share, Rowland Bryan T.R. acquired 43,228 shares.
Also, Gayton Bradley M purchased 9,400 shares, netting a total of over 299,382 in proceeds. Following the buying of shares at $31.85 each, the insider now holds 47,535 shares.
Before that, ITEM SECOND IRR. TRUST FBO KYL had sold 53,843 shares from its account. In a trade valued at $3,041,053, the 10% Owner traded Vertex Inc shares for $56.48 each. Upon closing the transaction, the insider’s holdings decreased to 53,843 shares, worth approximately $44.45 million.
As published in a research note from Stifel on February 28, 2025, Vertex Inc [VERX] has been rated down from a Buy to a Hold and the price target has been revised to $31 from $58. Analysts at Raymond James downgraded the stock from ‘”an Outperform”‘ to ‘”a Mkt perform”‘ outlook in a report released in early January. As of December 31, 2024, DA Davidson has initiated its “Buy” rating for VERX. Earlier on November 04, 2024, Jefferies upgraded its rating. Their new recommendation was “a Buy” for VERX stock which previously was a “a Hold”.
Analyzing VERX Stock Performance
During the last five days, there has been a surge of approximately 9.98%. Over the course of the year, Vertex Inc shares have dropped approximately -32.22%. Shares of the company reached a 52-week high of $60.71 on 02/06/25 and a 52-week low of $30.26 on 03/10/25. A 50-day SMA is recorded $46.71, while a 200-day SMA reached $43.07.
Support And Resistance Levels for Vertex Inc (VERX)
According to the 24-hour chart, there is a support level at 35.56, which, if violated, would cause prices to drop to 34.97. In the upper region, resistance lies at 36.79. The next price resistance is at 37.42. RSI (Relative Strength Index) is 41.25 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.22, which suggests the price will increase in the coming days. Percent R is at 10.13%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
