ANDERSEN ERIC C.

Director Eric Andersen buys 40,000 VERX shares at $12.91 as stock down -74.7% from 52-week high; cluster buy emerges

Director Eric Andersen purchased 40,000 shares at $12.91 on 2026-02-20, increasing his holdings by 36.3% to 150.3K shares. The buy occurred after VERX stock fell -74.7% from its 52-week high of $47.62 and declined -38.9% over the prior 30 days. Notably, the company remains unprofitable on a full-year basis despite posting $192.1M in quarterly revenue and 16.5% annual growth, creating tension between growth metrics and profitability. A cluster pattern has emerged with 2 other insiders also buying within the past 14 days, though Andersen's own prior track record at this ticker shows 0 of 2 prior sales were well-timed (both subsequent 90-day returns were positive, indicating he sold before gains materialized), limiting confidence in the signal's predictive value.

Director Eric C. Andersen sold 140,000 VERX shares (62.8% of holdings) for $5,070,535.91 on 2024-08-13

Director Eric C. Andersen executed two separate sales totaling 140,000 shares (62.8% reduction in holdings) at blended average price of $36.22, leaving post-transaction holdings of 83,014 shares. The company trades at a P/E of 48.48 and was unprofitable over its most recent full fiscal year, despite recent quarterly revenue of $161,104,000.00 and annual revenue growth of 16.4%. The disposal of a substantial majority stake by a director coincides with valuation metrics at elevated levels relative to profitability, and the transaction represents a material reduction in insider alignment with shareholders.