Vertex, Inc. will announce Q4 2024 financial results on February 27, 2025, with a conference call at 8:30 a.m. ET.
Quiver AI Summary
Vertex, Inc., a leading provider of indirect tax solutions, announced it will release its financial results for the fourth quarter of 2024 on February 27, 2025, before the market opens. A conference call to discuss these results will take place at 8:30 a.m. Eastern Time that day, with participation available by phone or via a live webcast on the company's Investor Relations website. A replay of the call will be accessible thereafter until March 13, 2025. Vertex aims to provide trusted tax technology for global businesses across various industries and has a significant presence in North America, South America, and Europe, employing over 1,500 professionals.
Potential Positives
- Vertex, Inc. is set to release its fourth quarter 2024 financial results, indicating ongoing transparency in their financial reporting.
- The scheduled conference call allows for direct engagement with investors, showcasing the company's commitment to effective communication.
- Vertex's global presence, with operations in North America, South America, and Europe, highlights its significant market reach and capabilities in indirect tax solutions.
- The company's mission emphasizes trust and innovation in tax technology, positioning it as a leader in its industry and enhancing its brand reputation.
Potential Negatives
- None
FAQ
When will Vertex release its fourth quarter 2024 financial results?
Vertex will release its fourth quarter 2024 financial results on February 27, 2025, before the market opens.
What time is the conference call for the financial results?
The conference call to discuss the financial results will be held at 8:30 a.m. Eastern Time on February 27, 2025.
How can I participate in the Vertex conference call?
To participate in the conference call, dial 1-412-317-6026 about ten minutes before the start time.
Is there a way to listen to the Vertex conference call online?
Yes, there will be a listen-only webcast available on Vertex's Investor Relations website.
What is Vertex's mission?
Vertex's mission is to deliver trusted tax technology that allows global businesses to transact, comply, and grow with confidence.
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 45 times in the past 6 months. Of those trades, 0 have been purchases and 45 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 4,285,000 shares for an estimated $200,286,750.
- DAVID DESTEFANO (PRESIDENT & CEO) has made 0 purchases and 9 sales selling 622,758 shares for an estimated $33,216,943.
- SECOND IRR. TRUST FBO JACOB J. WESTPHAL U/A OF JEFFREY R. WESTPHAL DATED OCTOBER 5, 2001 ITEM has made 0 purchases and 9 sales selling 415,000 shares for an estimated $18,611,601.
- SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL U/A OF JEFFREY R. WESTPHAL DATED OCTOBER 5, 2001 ITEM has made 0 purchases and 7 sales selling 350,000 shares for an estimated $15,926,187.
- SECOND IRR. TRUST FBO KYLE R. WESTPHAL U/A OF JEFFREY R. WESTPHAL DATED OCTOBER 5, 2001 ITEM has made 0 purchases and 5 sales selling 305,900 shares for an estimated $13,833,759.
- ERIC C. ANDERSEN has made 0 purchases and 2 sales selling 140,000 shares for an estimated $5,070,535.
- JOHN R SCHWAB (CHIEF FINANCIAL OFFICER) has made 0 purchases and 2 sales selling 45,000 shares for an estimated $1,956,082.
- BRYAN T.R. ROWLAND (GENERAL COUNSEL) has made 0 purchases and 3 sales selling 41,196 shares for an estimated $1,529,570.
- JOHN RICHARD STAMM has made 0 purchases and 5 sales selling 32,315 shares for an estimated $1,278,040.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$VERX Hedge Fund Activity
We have seen 125 institutional investors add shares of $VERX stock to their portfolio, and 90 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BRYN MAWR CAPITAL MANAGEMENT, LLC removed 1,596,000 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $61,461,960
- FRED ALGER MANAGEMENT, LLC removed 1,543,672 shares (-37.8%) from their portfolio in Q3 2024, for an estimated $59,446,808
- SILVERCREST ASSET MANAGEMENT GROUP LLC removed 780,285 shares (-55.4%) from their portfolio in Q3 2024, for an estimated $30,048,775
- AMERIPRISE FINANCIAL INC added 671,480 shares (+219.3%) to their portfolio in Q3 2024, for an estimated $25,858,694
- TENSILE CAPITAL MANAGEMENT LP removed 580,000 shares (-12.5%) from their portfolio in Q3 2024, for an estimated $22,335,800
- BROWN CAPITAL MANAGEMENT LLC added 543,699 shares (+inf%) to their portfolio in Q3 2024, for an estimated $20,937,848
- CONESTOGA CAPITAL ADVISORS, LLC removed 525,495 shares (-18.7%) from their portfolio in Q3 2024, for an estimated $20,236,812
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
KING OF PRUSSIA, Pa., Jan. 22, 2025 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX), a leading global technology provider of indirect tax solutions, today announced that it will release fourth quarter 2024 financial results before the market opens on Thursday, February 27, 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 10195788, or via the Company’s Investor Relations website. The replay will expire on March 13, 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 employs over 1,500 professionals and serves companies across the globe.
For more information, visit www.vertexinc.com or follow on Twitter and LinkedIn .
Investor Relations contact:
Joe Crivelli
Vertex, Inc.
[email protected]