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Growth Fund Dumps $25 Million in Vertex Stock as Weak Quarter Hit Returns
VertexVertex(US:VERX) The Motley Fool·2025-10-27 01:53

On Friday, Pennsylvania-based Conestoga Capital Advisors disclosed selling 855,435 shares of Vertex (VERX +0.43%), an estimated 24.8milliontransactionbasedonaveragepricesinthethirdquarter.WhatHappenedAccordingtoanSECfilingreleasedFriday,ConestogaCapitalAdvisorsreduceditspositioninVertexby855,435sharesduringthequarterendedSeptember30.Theestimatedvalueofthesharessoldwasapproximately24.8 million transaction based on average prices in the third quarter.What HappenedAccording to an SEC filing released Friday, Conestoga Capital Advisors reduced its position in Vertex by 855,435 shares during the quarter ended September 30. The estimated value of the shares sold was approximately 24.8 million, calculated using the average closing price from July 1 to September 3 ...