Director Gayton Bradley M buys 9,400 shares for $299,381.71 at Vertex (VERX), raising stake 24.6% amid -45.4% YTD pullback
Director Gayton Bradley M executed 2 separate purchases totaling 9,400 shares for $299,381.71 on 2025-03-04, lifting his holdings from 38,135 shares to 47,535 shares (a +24.6% increase in position size). The purchases occurred at $31.82–$31.85, a blended average of $31.85, while the stock trades -45.4% from its 52-week high of $58.95 and is down -44.2% over the past 30 days. Vertex shows strong revenue growth of +16.5% annually with $170.4M in latest quarterly revenue, but the company was unprofitable over its most recent full fiscal year despite posting $7.2M net income in the latest quarter. The significant share accumulation by a director during a steep drawdown warrants monitoring of whether the stock represents a tactical opportunity or signals confidence in turnaround execution.