Vertex, Inc. will announce Q2 2025 financial results on August 6, 2025, followed by a conference call.
Quiver AI Summary
Vertex, Inc. announced that it will release its second quarter 2025 financial results on August 6, 2025, before the market opens. A conference call to discuss these results is scheduled for 8:30 a.m. Eastern Time that day, with participation available by phone or via webcast on the Company's Investor Relations website. A replay of the call will be accessible shortly after its conclusion and will remain available until August 20, 2025. Vertex is a leading provider of indirect tax solutions, helping global businesses navigate tax compliance with tailored technologies for various industries. The company is headquartered in North America, with additional offices in South America and Europe.
Potential Positives
- Vertex, Inc. is scheduled to release its second quarter 2025 financial results, indicating ongoing business operations and transparency with investors.
- The company will host a conference call to discuss its financial results, highlighting its commitment to engaging with stakeholders and providing updates on performance.
- Vertex’s position as a leading global provider of indirect tax solutions emphasizes its significance in the market, which can support investor confidence and business partnerships.
Potential Negatives
- Timing of the financial results release is critical, and announcing it close to the earnings date may indicate that the company is facing challenges that require more time for preparation.
- The necessity of a conference call to discuss the financial results suggests there may be substantial information to explain, which could indicate potential issues or underperformance.
FAQ
When will Vertex announce its second quarter 2025 financial results?
Vertex will release its second quarter 2025 financial results on August 6, 2025, before the market opens.
What time is the Vertex conference call?
The conference call to discuss the financial results will be held at 8:30 a.m. Eastern Time on August 6, 2025.
How can I participate in the Vertex conference call?
To participate, dial 1-412-317-6026 approximately ten minutes before the call starts.
Where can I find the Vertex conference call replay?
The replay will be available by dialing 1-412-317-6671 or through the Investor Relations website after the call.
What does Vertex, Inc. specialize in?
Vertex specializes in providing indirect tax solutions and technology for global businesses.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$VERX Insider Trading Activity
$VERX insiders have traded $VERX stock on the open market 21 times in the past 6 months. Of those trades, 2 have been purchases and 19 have been sales.
Here’s a breakdown of recent trading of $VERX stock by insiders over the last 6 months:
- JEFFREY WESTPHAL has made 0 purchases and 3 sales selling 3,000,000 shares for an estimated $115,350,000.
- DAVID DESTEFANO (PRESIDENT & CEO) has made 0 purchases and 5 sales selling 472,531 shares for an estimated $17,677,609.
- SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL U/A OF JEFFREY R. WESTPHAL DATED OCTOBER 5, 2001 ITEM has made 0 purchases and 6 sales selling 405,000 shares for an estimated $14,786,236.
- SECOND IRR. TRUST FBO KYLE R. WESTPHAL U/A OF JEFFREY R. WESTPHAL DATED OCTOBER 5, 2001 ITEM has made 0 purchases and 2 sales selling 72,000 shares for an estimated $4,067,286.
- BRYAN T.R. ROWLAND (GENERAL COUNSEL) has made 0 purchases and 2 sales selling 43,228 shares for an estimated $1,555,515.
- BRADLEY M GAYTON has made 2 purchases buying 9,400 shares for an estimated $299,381 and 0 sales.
- RYAN J LEIB (Chief Accounting Officer) sold 5,755 shares for an estimated $218,690
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$VERX Hedge Fund Activity
We have seen 160 institutional investors add shares of $VERX stock to their portfolio, and 117 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CAPITAL WORLD INVESTORS added 1,588,928 shares (+inf%) to their portfolio in Q1 2025, for an estimated $55,628,369
- FMR LLC removed 1,473,544 shares (-51.4%) from their portfolio in Q1 2025, for an estimated $51,588,775
- FULLER & THALER ASSET MANAGEMENT, INC. removed 1,337,197 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $46,815,266
- DRIEHAUS CAPITAL MANAGEMENT LLC removed 1,063,711 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $37,240,522
- BLACKROCK, INC. removed 1,003,426 shares (-15.9%) from their portfolio in Q1 2025, for an estimated $35,129,944
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 939,031 shares (+63.0%) to their portfolio in Q1 2025, for an estimated $32,875,475
- HOOD RIVER CAPITAL MANAGEMENT LLC added 901,873 shares (+inf%) to their portfolio in Q1 2025, for an estimated $31,574,573
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$VERX Analyst Ratings
Wall Street analysts have issued reports on $VERX in the last several months. We have seen 8 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Piper Sandler issued a "Overweight" rating on 06/16/2025
- Morgan Stanley issued a "Overweight" rating on 04/16/2025
- DA Davidson issued a "Buy" rating on 04/14/2025
- Citizens Capital Markets issued a "Market Outperform" rating on 03/20/2025
- Needham issued a "Buy" rating on 03/20/2025
- Goldman Sachs issued a "Buy" rating on 03/03/2025
- Baird issued a "Outperform" rating on 02/28/2025
To track analyst ratings and price targets for $VERX, check out Quiver Quantitative's $VERX forecast page.
$VERX Price Targets
Multiple analysts have issued price targets for $VERX recently. We have seen 9 analysts offer price targets for $VERX in the last 6 months, with a median target of $48.0.
Here are some recent targets:
- Brent Bracelin from Piper Sandler set a target price of $48.0 on 06/16/2025
- Stan Zlotsky from Morgan Stanley set a target price of $55.0 on 04/16/2025
- William Jellison from DA Davidson set a target price of $50.0 on 04/14/2025
- Patrick Walravens from Citizens Capital Markets set a target price of $61.0 on 03/20/2025
- Joshua Reilly from Needham set a target price of $60.0 on 03/20/2025
- Adam Hotchkiss from Goldman Sachs set a target price of $48.0 on 03/03/2025
- Samad Samana from Jefferies set a target price of $48.0 on 02/28/2025
Full Release
KING OF PRUSSIA, Pa., July 08, 2025 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX), a leading global technology provider of indirect tax solutions, today announced that it will release second quarter 2025 financial results before the market opens on Wednesday, August 6, 2025. A conference call to discuss the results will be held at 8:30 a.m. Eastern Time that same day.
Those wishing to participate may do so by dialing 1-412-317-6026 approximately ten minutes prior to start time. A listen-only webcast of the call will also be available through the Company’s Investor Relations website at https://ir.vertexinc.com .
A conference call replay will be available approximately one hour after the call by dialing 1-412-317-6671 and referencing passcode 10200958, or via the Company’s Investor Relations website. The replay will expire on August 20, 2025 at 11:59 p.m. Eastern Time.
About Vertex
Vertex, Inc. is a leading global provider of indirect tax solutions. The Company’s mission is to deliver the most trusted tax technology enabling global businesses to transact, comply and grow with confidence. Vertex provides solutions that can be tailored to specific industries for major lines of indirect tax, including sales and consumer use, value added and payroll. Headquartered in North America, and with offices in South America and Europe, Vertex empowers the world’s leading brands to simplify the complexity of continuous compliance.
For more information, visit www.vertexinc.com or follow us on Twitter and LinkedIn .
Investor Relations contact:
Joe Crivelli
Vertex, Inc.
[email protected]
