New York, February 27, 2026, 09:41 (EST) — Regular session
- Vertex shares slipped roughly 4% in early Friday trading, erasing some of Thursday’s gains.
- A regulatory filing showed a trust connected to the CEO picked up 60,000 shares this week.
- Investor “fireside chats” are on the calendar for next week at Citizens JMP and Morgan Stanley events, according to the company.
Vertex, Inc. slipped roughly 4% to $14.24 in early Friday action, trailing behind a wider tech retreat. Shares bounced between $14.15 and $14.53, following a close of $14.84 on Thursday. Investing.com
This sharp swing is notable—Vertex is back to moving on tape action. Insiders have picked up shares, execs are out pitching to investors, and after a rocky February, the stock hasn’t settled. That’s a mix that tends to keep spreads loose and momentum high for traders.
Vertex develops software for businesses to manage indirect tax calculations and filings, like sales tax and VAT. Investor conferences tend to highlight these types of companies, offering management a chance to discuss demand trends—sometimes without updating guidance, and occasionally adding extra detail.
Chief Executive Chris Young and CFO John Schwab are set for “fireside chats” at two conferences: Citizens JMP Technology on March 3 and Morgan Stanley TMT on March 4, according to the company. Vertex plans to stream the events live and make replays available through its investor relations page. GlobeNewswire
Earlier this week, another trigger appeared: a Form 4 filing revealed that a living trust associated with Young picked up 60,000 shares of Vertex Class A on Feb. 23. The weighted average price landed at $12.1799, with the trade prices spanning $11.9832 to $12.2862. SEC
Other insider moves landed in the usual category. Director David DeStefano converted 109,233 restricted stock units into shares, according to a filing. To cover taxes due on the vesting, 51,983 shares were disposed of at $13.26 each. RSUs, a standard equity incentive, typically convert once vesting triggers are hit. SEC
It’s been a volatile stretch—Vertex surged 10.83% Thursday, ending the day at $14.84, up from $13.39 on Wednesday, StockAnalysis data show. Then the stock pulled back during Friday’s session. StockAnalysis
Everything circles back to Vertex’s February guidance. On Feb. 11, in its earnings report, Young highlighted “double-digit revenue growth” expected in 2025, adding European e-invoicing mandates should boost results in the near term. Schwab, for their part, cited a 2026 forecast with ongoing double-digit revenue growth, and pointed out that the company repurchased around $10 million in stock during the fourth quarter as part of its $150 million buyback plan.
Still, conferences and a few insider purchases aren’t enough to alter the core numbers. Should investors see Thursday’s rally as just a shift in positioning rather than anything fundamental, the stock could keep sliding. That risk grows if weakness lingers across application-software names and liquidity keeps drying up.
