Vertex, Inc. Class A (VERX)

Vertex, Inc. (VERX) stock has declined in the past six months, with the share price at $25.41 as of October 24, 2025, a 39.60% decrease from October 25, 2024. A significant event was an 18% drop in share price following the Q2 2025 earnings report due to a cut in the FY25 guidance, macro headwinds, and delays in ERP migrations. The unexpected retirement of CEO David DeStefano was announced in October 2025; however, preliminary Q3 results indicated that the company's revenue aligned with projections, and profitability exceeded expectations.

Demand for Vertex, Inc.'s products and services is influenced by the evolving landscape of retail and e-commerce activity. Consumer behavior has shifted, leading to increased retail activity during historically "off-peak" periods. Consumers are increasingly making purchases earlier to avoid rising costs, and there is a growing preference for a blended in-store and online shopping experience, indicating a consistent and growing demand for Vertex's solutions throughout the year.

Vertex, Inc. is a global provider of tax technology solutions and services, specializing in automating tax compliance for businesses, operating in the Technology sector. Key products include Vertex Indirect Tax O Series, Vertex Cloud Indirect Tax, Vertex Communications Tax, Vertex Payroll Tax On-Demand, Vertex Reporting & Analysis, Vertex Indirect Tax Returns, Vertex E-Invoicing, Vertex Tax Compliance, Vertex VAT Compliance, Tax Determination, Compliance and Reporting, Tax Data Management, Document Management, Analytics and Insights, Pre-built Integrations, and Industry-specific Solutions, Implementation Services and Managed Services. Vertex's software supports indirect tax compliance in over 19,000 jurisdictions worldwide and serves over 4,000 customers.

Headquartered in King of Prussia, Pennsylvania, USA, Vertex, Inc. has a significant global presence, operating through subsidiaries in the US, the UK, the Netherlands, Germany, Ireland, India, and Brazil. Vertex provides tax support in over 130 countries and is actively expanding its international footprint, particularly in Latin America and Europe.

Vertex, Inc. maintains a strong brand reputation, built on its expertise in tax compliance and robust software solutions. In the past year, Vertex has focused on enhancing its tax technology by integrating AI capabilities, including the acquisition of AI tax capabilities from Ryan, LLC, in June 2024. The unexpected retirement of CEO David DeStefano in October 2025 did not negatively impact the company's financial stability or market sentiment.

Vertex, Inc. (US:VERX) has 576 institutional owners and shareholders holding a total of 112,058,124 shares. Major institutional owners include Vanguard Group Inc, BlackRock, Inc., Tensile Capital Management LP, Neuberger Berman Group LLC, Geneva Capital Management Llc, UBS Group AG, Conestoga Capital Advisors, LLC, Wasatch Advisors Inc, CCASX - Conestoga Small Cap Fund Investors Class and Franklin Resources Inc. Individual insiders hold 43.5% of the shares, while institutions hold 48.9%.