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Vertex Inc [VERX] Shares Fall -0.43 % on Thursday

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Vertex Inc shares valued at $1,555,515 were sold by Rowland Bryan T.R. on Mar 19 ’25. At $35.98 per share, Rowland Bryan T.R. sold 43,228 shares. The insider’s holdings dropped to 132 shares worth approximately $5219.28 following the completion of this transaction.

Also, Rowland Bryan T.R. purchased 43,228 shares, netting a total of over 1,555,514 in proceeds.

Before that, Gayton Bradley M had added 9,400 shares to its account. In a trade valued at $299,382, the Director bought Vertex Inc shares for $31.85 each. Upon closing the transaction, the insider’s holdings increased to 9,400 shares, worth approximately $1.88 million.

As published in their initiating research note from Exane BNP Paribas on April 22, 2025, Vertex Inc [VERX] has been an Outperform and the price target has been revised to $54. Analysts at Stifel downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in late February. As of January 03, 2025, Raymond James has decreased its “an Outperform” rating to a “Mkt perform” for VERX. Earlier on December 31, 2024, DA Davidson initiated its rating. Their recommendation was “a Buy” for VERX stock.

Analyzing VERX Stock Performance

During the last five days, there has been a surge of approximately 1.54%. Over the course of the year, Vertex Inc shares have dropped approximately -25.89%. 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 $37.65, while a 200-day SMA reached $43.34.

Support And Resistance Levels for Vertex Inc (VERX)

According to the 24-hour chart, there is a support level at 39.15, which, if violated, would cause prices to drop to 38.76. In the upper region, resistance lies at 40.10. The next price resistance is at 40.66. RSI (Relative Strength Index) is 57.06 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.30, which suggests the price will increase in the coming days. Percent R is at 21.03%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.

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