Vertex Inc’s recently made public that its Member of immediate family of ITEM SECOND IRR. TRUST FBO ANN acquired Company’s shares for reported $15.05 million on Jun 16 ’25. In the deal valued at $37.17 per share,405,000 shares were bought.
Then, Westphal Jeffrey sold 3,000,000 shares, generating $115,350,000 in total proceeds. Upon selling the shares at $38.45, the now owns 0 shares.
Before that, Jeffrey Westphal bought 3,000,000 shares. Vertex Inc shares valued at $123,210,000 were divested by the Other at a price of $41.07 per share.
Exane BNP Paribas initiated its Vertex Inc [VERX] rating to an Outperform in a research note published on April 22, 2025; the price target was $54. A number of analysts have revised their coverage, including Stifel’s analysts, who decreased its forecast for the stock in late February from “a Buy” to “a Hold”. Raymond James also remained covering VERX and has decreased its forecast on January 03, 2025 with a “Mkt perform” recommendation from previously “an Outperform” rating. DA Davidson started covering the stock on December 31, 2024. It rated VERX as “a Buy”.
Price Performance Review of VERX
On Monday, Vertex Inc [NASDAQ:VERX] saw its stock jump 0.24% to $37.01. Over the last five days, the stock has lost -9.00%. Vertex Inc shares have fallen nearly -30.63% since the year began. Nevertheless, the stocks have risen 5.56% over the past one year. While a 52-week high of $60.71 was reached on 02/06/25, a 52-week low of $30.26 was recorded on 03/10/25.
Levels Of Support And Resistance For VERX Stock
The 24-hour chart illustrates a support level at 36.65, which if violated will result in even more drops to 36.29. On the upside, there is a resistance level at 37.37. A further resistance level may holdings at 37.73.
