Insider Sale: 10% owner at $VERX (VERX) Sells 40,966 Shares

SECOND IRR. TRUST FBO KYLE R. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001 ITEM, a 10% owner of $VERX ($VERX), sold 40,966 shares of the company on 11-20-2024. We received data on the trade from a recent SEC filing. This was a sale of approximately 2.9% of their shares. Following this trade, they now own 1,389,134 shares of $VERX stock.

$VERX Insider Trading Activity

$VERX insiders have traded $VERX stock on the open market 34 times in the past 6 months. Of those trades, 0 have been purchases and 34 have been sales.

Here’s a breakdown of recent trading of $VERX stock by insiders over the last 6 months:

• SECOND IRR. TRUST FBO KYLE R. WESTPHAL U/A OF JEFFREY R. WESTPHAL DATED OCTOBER 5, 2001 ITEM has traded it 3 times. They made 0 purchases and 3 sales, selling 230,900 shares.
• DAVID DESTEFANO (PRESIDENT & CEO) has traded it 3 times. They made 0 purchases and 3 sales, selling 198,151 shares.
• JEFFREY WESTPHAL has traded it 4 times. They made 0 purchases and 4 sales, selling 6,710,000 shares.
• SECOND IRR. TRUST FBO JACOB J. WESTPHAL U/A OF JEFFREY R. WESTPHAL DATED OCTOBER 5, 2001 ITEM has traded it 9 times. They made 0 purchases and 9 sales, selling 415,000 shares.
• SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL U/A OF JEFFREY R. WESTPHAL DATED OCTOBER 5, 2001 ITEM has traded it 7 times. They made 0 purchases and 7 sales, selling 350,000 shares.
• JOHN RICHARD STAMM has traded it 3 times. They made 0 purchases and 3 sales, selling 26,000 shares.
• JOHN R SCHWAB (CHIEF FINANCIAL OFFICER) sold 25,000 shares.
• BRYAN T.R. ROWLAND (GENERAL COUNSEL) has traded it 2 times. They made 0 purchases and 2 sales, selling 38,176 shares.
• ERIC C. ANDERSEN has traded it 2 times. They made 0 purchases and 2 sales, selling 140,000 shares.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$VERX Hedge Fund Activity

We have seen 127 institutional investors add shares of $VERX stock to their portfolio, and 115 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
• FRED ALGER MANAGEMENT, LLC removed 1,543,672 shares (-37.8%) from their portfolio in Q3 2024
• SILVERCREST ASSET MANAGEMENT GROUP LLC removed 780,285 shares (-55.4%) from their portfolio in Q3 2024
• AMERIPRISE FINANCIAL INC added 671,480 shares (+219.3%) to their portfolio in Q3 2024
• TENSILE CAPITAL MANAGEMENT LP removed 580,000 shares (-12.5%) from their portfolio in Q3 2024
• BROWN CAPITAL MANAGEMENT LLC added 543,699 shares (+inf%) to their portfolio in Q3 2024
• CONESTOGA CAPITAL ADVISORS, LLC removed 525,495 shares (-18.7%) from their portfolio in Q3 2024

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.