Top Executives Make Major Moves with Vertex Stock Sales!

New insider activity at Vertex ( (VERX) ) has taken place on May 15, 2025.

In a significant move, PRESIDENT & CEO David DeStefano has sold 472,531 shares of Vertex stock, amounting to a substantial $17,674,714. Additionally, CAO Ryan J Leib has offloaded 5,755 shares, with the sale valued at $218,690.

Recent Updates on VERX stock

Vertex, Inc. reported strong financial results for Q1 2025, with a 12.9% increase in total revenue and significant growth in subscription and cloud revenues. The company highlighted strategic advancements in e-invoicing and AI, including an investment in the AI startup Kintsugi to enhance R&D efforts. Despite these achievements, concerns were noted regarding net revenue retention pressures, decreased services margins, and negative cash flow. Analysts have adjusted price targets due to these mixed results, citing the flat net retention rate as a sign that reacceleration may take time. Vertex remains optimistic about its growth trajectory, driven by strategic initiatives and market positioning.

Spark’s Take on VERX Stock

According to Spark, TipRanks’ AI Analyst, VERX is a Neutral.

Vertex, Inc. shows promising revenue growth and strategic investments, particularly in AI, indicating potential for future expansion. However, profitability challenges and high liabilities pose significant risks. The stock’s current technical indicators suggest some caution, and the valuation appears stretched without profitability. Recent corporate events and earnings calls provide a positive outlook, but underlying financial risks need to be addressed for sustained growth.

To see Spark’s full report on VERX stock, click here.

More about Vertex

YTD Price Performance: -28.70%

Average Trading Volume: 1,466,750

Technical Sentiment Signal: Buy

Current Market Cap: $5.93B