The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Vertex Inc shares valued at $218,690 were sold by Leib Ryan J on May 13 ’25. At $38.00 per share, Leib Ryan J sold 5,755 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.
Also, DeStefano David sold 363,116 shares, netting a total of over 13,553,207 in proceeds. Following the sale of shares at $37.32 each, the insider now holds 989,411 shares.
Before that, DeStefano David had sold 109,415 shares from its account. In a trade valued at $4,124,402, the PRESIDENT & CEO traded Vertex Inc shares for $37.70 each. Upon closing the transaction, the insider’s holdings decreased to 109,415 shares, worth approximately $42.14 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 2.44%. Over the course of the year, Vertex Inc shares have dropped approximately -25.94%. 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.
Support And Resistance Levels for Vertex Inc (VERX)
According to the 24-hour chart, there is a support level at 39.01, which, if violated, would cause prices to drop to 38.52. In the upper region, resistance lies at 39.91. The next price resistance is at 40.32. RSI (Relative Strength Index) is 55.59 on the 14-day chart, showing neutral technical sentiment.
