Vertex Inc’s recent filing unveils that its GENERAL COUNSEL Rowland Bryan T.R. unloaded Company’s shares for reported $1.56 million on Mar 19 ’25. In the deal valued at $35.98 per share,43,228 shares were sold. As a result of this transaction, Rowland Bryan T.R. now holds 132 shares worth roughly $4666.2.
Then, Rowland Bryan T.R. bought 43,228 shares, generating $1,555,514 in total proceeds.
Before that, Gayton Bradley M bought 9,400 shares. Vertex Inc shares valued at $299,382 were divested by the Director at a price of $31.85 per share. As a result of the transaction, Gayton Bradley M now holds 47,535 shares, worth roughly $1.68 million.
Stifel downgraded its Vertex Inc [VERX] rating to a Hold from a a Buy in a research note published on February 28, 2025; the price target was decreased to $31 from $58. A number of analysts have revised their coverage, including Raymond James’s analysts, who decreased its forecast for the stock in early January from “an Outperform” to “a Mkt perform”. DA Davidson began covering VERX with “Buy” recommendation on December 31, 2024. Jefferies revised its rating on November 04, 2024. It rated VERX as “a Buy” which previously was an “a Hold”.
Price Performance Review of VERX
On Monday, Vertex Inc [NASDAQ:VERX] saw its stock fall -1.01% to $35.35. Over the last five days, the stock has gained 2.35%. Vertex Inc shares have fallen nearly -33.74% since the year began. Nevertheless, the stocks have risen 18.03% over the past one year. While a 52-week high of $60.71 was reached on 02/06/25, a 52-week low of $27.22 was recorded on 03/10/25. SMA at 50 days reached $46.02, while 200 days put it at $43.09.
Levels Of Support And Resistance For VERX Stock
The 24-hour chart illustrates a support level at 34.83, which if violated will result in even more drops to 34.31. On the upside, there is a resistance level at 36.21. A further resistance level may holdings at 37.07. The Relative Strength Index (RSI) on the 14-day chart is 39.11, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.72, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 22.46%. Stochastics %K at 83.48% indicates the stock is a selling.
How much short interest is there in Vertex Inc?
A steep rise in short interest was recorded in Vertex Inc stocks on 2025-02-28, growing by 0.51 million shares to a total of 5.83 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 5.32 million shares. There was a rise of 8.77%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on July 23, 2024 when Robert W. Baird began covering the stock and recommended ‘”an Outperform”‘ rating along with a $43 price target.
