Tensile Capital Management LP sold $6.9M of VERX
owner at Vertex, Inc.. 260,418 shares at an average of $26.51, traded Nov 9, 2023, filed Nov 13, 2023.
Score components
- +12Role10% owner
- +25Trade size$6.9M at market
- 0Share of holdings soldSold 4.6% of holdings
- +15Cluster6 insiders selling within 14 days
What happened after comparable sells
Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.
This signal so far: 1m +1.6%, 3m -5.1%, 6m +16.0%.
Price around the trade, and since
From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.
Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™
Rows in this filing
Every transaction in Form 4 0000950170-23-063141, as filed. Open on EDGAR
| Date | Transaction | Shares | Price | Value | Holdings after | Filed |
|---|---|---|---|---|---|---|
| Nov 9, 2023 | SOpen-market sale Class A common stockindirect: By Tensile Capital Partners Master Fund LP | -200,000 | $26.27 | $5.3M | 5,456,717 | Nov 13, 2023 |
| Nov 9, 2023 | SOpen-market sale Class A common stockindirect: By Tensile Capital Partners Master Fund LP | -53,484 | $27.29 | $1.5M | 5,403,233 | Nov 13, 2023 |
| Nov 10, 2023 | SOpen-market sale Class A common stockindirect: By Tensile Capital Partners Master Fund LP | -6,934 | $27.37 | $190k | 5,396,299 | Nov 13, 2023 |
Related signals
Other insiders at Vertex, Inc. and this insider’s other filings.
| Score | Company | Insider | Value | Holdings | Filed |
|---|---|---|---|---|---|
| 24Weak | VERXsell Vertex, Inc. | David DeStefano PRESIDENT & CEO | $82k 6,460 shares | -3% | |
| 29Weak | Vertex, Inc. | ITEM SECOND IRR. TRUST FBO KYLE R. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001 owner | $150k 10,000 shares | +1% | |
| 87Strong | Vertex, Inc. | Christopher David Young President and CEO | $731k 60,000 shares | - | |
| 72Notable | Vertex, Inc. | Eric C. Andersen director | $516k 40,000 shares | +36% | |
| 74Notable | Vertex, Inc. | Jeffery Westphal other | $5.1M 397,740 shares | - | |
| 48Moderate | Vertex, Inc. | ITEM SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001 owner, other | $836k 23,767 shares | -12% | |
| 65Notable | Vertex, Inc. | ITEM SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001 owner, other | $14M 381,233 shares | -66% | |
| 61Notable | Vertex, Inc. | Jeffery Westphal other | $115M 3,000,000 shares | -198% | |
| 53Moderate | Vertex, Inc. | David DeStefano PRESIDENT & CEO | $18M 472,531 shares | -35% | |
| 55Moderate | Vertex, Inc. | Ryan J Leib Chief Accounting Officer | $219k 5,755 shares | -100% |
Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.