In a filing, Vertex Inc revealed its 13(D) GROUP MEMBER ITEM SECOND IRR. TRUST FBO ANN unloaded Company’s shares for reported $0.51 million on Jun 24 ’25. In the deal valued at $35.24 per share,14,425 shares were sold. As a result of this transaction, ITEM SECOND IRR. TRUST FBO ANN now holds 173,074 shares worth roughly $6.11 million.
Then, ITEM SECOND IRR. TRUST FBO ANN sold 8,832 shares, generating $310,172 in total proceeds. Upon selling the shares at $35.12, the 13(D) GROUP MEMBER now owns 188,009 shares.
Before that, ITEM SECOND IRR. TRUST FBO ANN sold 510 shares. Vertex Inc shares valued at $17,850 were divested by the 13(D) GROUP MEMBER at a price of $35.00 per share. As a result of the transaction, ITEM SECOND IRR. TRUST FBO ANN now holds 187,499 shares, worth roughly $6.62 million.
Piper Sandler initiated its Vertex Inc [VERX] rating to an Overweight in a research note published on June 17, 2025; the price target was $48. A number of analysts have revised their coverage, including Exane BNP Paribas’s analysts, who began to cover the stock in late April with a ‘”an Outperform”‘ rating. Stifel also remained covering VERX and has decreased its forecast on February 28, 2025 with a “Hold” recommendation from previously “Buy” rating. Raymond James revised its rating on January 03, 2025. It rated VERX as “a Mkt perform” which previously was an “an Outperform”.
Price Performance Review of VERX
On Monday, Vertex Inc [NASDAQ:VERX] saw its stock jump 2.45% to $35.33. Over the last five days, the stock has gained 0.99%. Vertex Inc shares have risen nearly 0.64% since the year began. Nevertheless, the stocks have fallen -33.77% 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 34.60, which if violated will result in even more drops to 33.86. On the upside, there is a resistance level at 36.00. A further resistance level may holdings at 36.67.
How much short interest is there in Vertex Inc?
A steep rise in short interest was recorded in Vertex Inc stocks on 2025-06-13, growing by 0.27 million shares to a total of 5.63 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 5.36 million shares. There was a rise of 4.78%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on December 31, 2024 when DA Davidson began covering the stock and recommended ‘”a Buy”‘ rating along with a $62 price target.