Vanguard Group Inc. Reduces Stock Position in Vertex, Inc. $VERX

Vanguard Group Inc. lessened its position in shares of Vertex, Inc. (NASDAQ:VERX) by 0.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,348,597 shares of the company’s stock after selling 38,529 shares during the quarter. Vanguard Group Inc. owned 0.05% of Vertex worth $166,721,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in VERX. Wasatch Advisors LP purchased a new stake in Vertex during the 2nd quarter valued at about $88,293,000. Massachusetts Financial Services Co. MA grew its stake in Vertex by 231.0% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 3,567,902 shares of the company’s stock valued at $88,448,000 after purchasing an additional 2,490,097 shares during the last quarter. Legacy Advisors LLC grew its stake in Vertex by 2,730.1% during the 3rd quarter. Legacy Advisors LLC now owns 1,343,779 shares of the company’s stock valued at $33,312,000 after purchasing an additional 1,296,297 shares during the last quarter. Park West Asset Management LLC purchased a new stake in Vertex during the 3rd quarter valued at about $30,988,000. Finally, Wellington Management Group LLP grew its stake in Vertex by 76.7% during the 3rd quarter. Wellington Management Group LLP now owns 2,161,501 shares of the company’s stock valued at $53,584,000 after purchasing an additional 937,905 shares during the last quarter. Hedge funds and other institutional investors own 70.32% of the company’s stock.

Analysts Set New Price Targets

Several analysts have weighed in on the company. Needham & Company LLC dropped their price target on Vertex from $30.00 to $20.00 and set a “buy” rating on the stock in a research note on Wednesday, February 11th. Weiss Ratings restated a “sell (d)” rating on shares of Vertex in a research note on Monday, April 20th. Piper Sandler upped their target price on Vertex from $14.00 to $16.00 and gave the stock a “neutral” rating in a research note on Thursday. Citizens Jmp lowered their target price on Vertex from $37.00 to $25.00 and set a “market outperform” rating on the stock in a research note on Thursday, February 12th. Finally, Stifel Nicolaus set a $16.00 target price on Vertex in a research note on Wednesday, February 11th. Seven equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Vertex currently has an average rating of “Hold” and an average price target of $20.93.

Key Headlines Impacting Vertex

Here are the key news stories impacting Vertex this week:

• Positive Sentiment: Vertex reported first-quarter earnings of $0.17 per share, ahead of the $0.16 estimate, and revenue of $196.65 million, also above expectations; revenue rose 11.1% year over year. Vertex earnings call transcript
• Positive Sentiment: The company’s outlook also looks constructive, with Q2 revenue guidance of $200 million-$204 million and full-year revenue guidance of $823.5 million-$831.5 million, both roughly in line with or slightly above consensus. Vertex Q1 2026 financial results
• Positive Sentiment: BMO Capital Markets raised its price target on Vertex from $14 to $17 and reiterated an outperform rating, while Piper Sandler also lifted its target from $14 to $16, signaling improved confidence in the stock’s upside. BMO Capital Markets price target increase
• Neutral Sentiment: Zacks and other market commentary focused on the earnings beat and key metrics, reinforcing the view that investors are re-evaluating the company after the report. Compared to Estimates, Vertex Q1 Earnings
• Neutral Sentiment: Technical-chart coverage noted that Vertex is showing strength on the Nasdaq chart, which may be adding short-term momentum to the move. Vertex move higher signals strength on The Nasdaq chart

Vertex Price Performance

Shares of VERX opened at $14.93 on Monday. Vertex, Inc. has a 52 week low of $10.59 and a 52 week high of $42.44. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 1.37. The company has a market capitalization of $2.39 billion, a price-to-earnings ratio of -298.60 and a beta of 0.81. The stock’s 50-day moving average price is $12.86 and its 200-day moving average price is $16.97.

Vertex (NASDAQ:VERX) last issued its earnings results on Thursday, May 7th. The company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.01. The firm had revenue of $196.65 million for the quarter, compared to the consensus estimate of $194.82 million. Vertex had a positive return on equity of 26.04% and a negative net margin of 0.84%.The company’s revenue was up 11.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.15 earnings per share. On average, sell-side analysts predict that Vertex, Inc. will post 0.48 EPS for the current year.

Insider Buying and Selling

In other Vertex news, Director Eric C. Andersen purchased 40,000 shares of the stock in a transaction on Friday, February 20th. The shares were bought at an average price of $12.91 per share, for a total transaction of $516,400.00. Following the completion of the transaction, the director owned 150,341 shares of the company’s stock, valued at $1,940,902.31. This trade represents a 36.25% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, insider Jeffrey Westphal purchased 247,740 shares of the stock in a transaction on Friday, February 13th. The shares were acquired at an average price of $13.08 per share, for a total transaction of $3,240,439.20. Following the transaction, the insider directly owned 247,740 shares of the company’s stock, valued at $3,240,439.20. This represents a ∞ increase in their position. The SEC filing for this purchase provides additional information. Insiders have acquired 437,740 shares of company stock worth $5,636,339 in the last quarter. 43.25% of the stock is currently owned by company insiders.

About Vertex

Vertex Energy, Inc (NASDAQ: VERX) is a specialty refiner and marketer of transportation fuels and petrochemical feedstocks in the United States. The company collects and processes a variety of waste petroleum products, including used motor oil and industrial lubricants, which it converts into ultra-low-sulfur diesel, asphalt, and other refined products. By leveraging proprietary re-refining technologies and strategic feedstock sourcing, Vertex Energy aims to deliver cost-effective, lower-carbon fuel solutions to wholesale and retail customers across the country.

Headquartered in Houston, Texas, Vertex operates a network of refining and blending facilities in key regions, including the Central, Northeast and Mid-Atlantic markets.