VertexVERX
About: Vertex Inc is a provider of tax technology and services. Its software, content, and services help customers stay in compliance with indirect taxes that occur in taxing jurisdictions all over the world. Vertex provides cloud-based and on-premise solutions to specific industries for every line of tax, including income, sales, consumer use, value-added, and payroll. The company offers solutions such as tax determination, Tax Data Management, document management, and compliance and reporting among others. The company derives revenue from software subscriptions.
Employees: 1,900
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
20,797% more call options, than puts
Call options by funds: $105M | Put options by funds: $501K
60% more repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 73
25% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 44
9% more capital invested
Capital invested by funds: $2.73B [Q1] → $2.97B (+$235M) [Q2]
8.2% more ownership
Funds ownership: 108.9% [Q1] → 117.1% (+8.2%) [Q2]
2% more funds holding
Funds holding: 264 [Q1] → 268 (+4) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 6 [Q1] → 6 (+0) [Q2]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
B of A Securities Brad Sills | 36%upside $34 | Neutral Maintained | 8 Aug 2025 |
Goldman Sachs Adam Hotchkiss | 72%upside $43 | Buy Maintained | 7 Aug 2025 |
JMP Securities Patrick Walravens | 100%upside $50 | Market Outperform Maintained | 7 Aug 2025 |
BMO Capital Daniel Jester | 20%upside $30 | Market Perform Maintained | 7 Aug 2025 |
Needham Joshua Reilly | 60%upside $40 | Buy Maintained | 6 Aug 2025 |
Financial journalist opinion
Based on 10 articles about VERX published over the past 30 days
