Vertex Stock

Vertex Directors Dealings

Ticker

VERX

ISIN

US92538J1060

Total Trades

468

Revenue Net Income P/E P/S EBIT Dividend Directors Dealings Stocks Market capitalization Debt Liabilities Equity AAQS Employees ROE ROA ROCE News

Vertex News

Buy
Sell

Vertex News

Vertex News
YEARBuySell Net Total Trades
730,794.00 USD 8820,868.44 USD 6−90,074.44 USD14
6.54 M USD 20105.54 M USD 58−99.00 M USD78
1.93 M USD 20435.98 M USD 108−434.05 M USD128
1.98 M USD 23203.27 M USD 116−201.28 M USD139
6.06 M USD 1388.52 M USD 44−82.46 M USD57
1.12 M USD 217.89 M USD 13−6.77 M USD34
2.00 M USD 137.00 M USD 4−5.00 M USD18
Buy

Mendola Mark J

—

15,638 × —
Buy

Stamm John Richard

—

15,638 × —
Buy

DeStefano David

—

15,638 × —
Buy

Radcliffe Amanda Westphal

—

15,638 × —
Buy

Thompson Stefanie Westphal

—

15,638 × —
Buy

Gayton Bradley M

—

15,638 × —
Buy

ANDERSEN ERIC C.

—

15,638 × —
Sell

DeStefano David

82,365.00 USD

6,460 × 12.75
Sell

ITEM SECOND IRR. TRUST FBO KYLE R. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

150,477.00 USD

10,000 × 15.05
Sell

DeStefano David

—

101,395 × —
Sell

DeStefano David

566,757.40 USD

47,112 × 12.03
Buy

Young Christopher David

730,794.00 USD

60,000 × 12.18
Sell

Rowland Bryan T.R.

—

6,428 × —
Sell

Rowland Bryan T.R.

21,269.04 USD

1,768 × 12.03
Buy

Young Christopher David

—

1,300,728 × —
Sell

ITEM SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

508,388.90 USD

14,425 × 35.24
Sell

ITEM SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

17,850.00 USD

510 × 35.00
Sell

ITEM SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

310,171.88 USD

8,832 × 35.12
Sell

ITEM SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

5,672,634.00 USD

157,874 × 35.93
Sell

ITEM SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

5,392,470.00 USD

145,111 × 37.16
Sell

ITEM SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

2,884,722.20 USD

78,248 × 36.87
Buy

Stamm John Richard

—

5,327 × —
Buy

Radcliffe Amanda Westphal

—

5,327 × —
Buy

Thompson Stefanie Westphal

—

5,327 × —
Buy

Mendola Mark J

—

5,327 × —
Buy

Gayton Bradley M

—

5,327 × —
Buy

ANDERSEN ERIC C.

—

5,327 × —
Buy

Saunders Philip Seth

—

5,327 × —
Sell

Westphal Jeffrey

—

332,244 × —
Sell

Westphal Jeffrey

—

1,153,756 × —
Sell

Westphal Jeffrey

—

1,514,000 × —
Sell

Westphal Jeffrey

58,213,300.00 USD

1,514,000 × 38.45
Sell

2020 IRREVOCABLE TRUST FOR BENEFIT OF CONSTANCE A. THOMPSON

—

22,500 × —
Sell

ITEM SECOND IRR. TRUST FBO MACKENZIE S. LUCAS u/a of STEFANIE W. LUCAS dated October 5, 2001

—

600,000 × —
Sell

ITEM SECOND IRR. TRUST FBO MELANIE H. LUCAS u/a of STEFANIE W. LUCAS dated October 5, 2001

—

300,000 × —
Sell

ITEM SECOND IRR. TRUST FBO ANDREA P. LUCAS u/a of STEFANIE W. LUCAS dated October 5, 2001

—

400,000 × —
Sell

DeStefano David

—

186,591 × —
Sell

DeStefano David

2,239,555.50 USD

58,844 × 38.06
Sell

DeStefano David

1,884,847.00 USD

50,571 × 37.27
Buy

DeStefano David

696,730.80 USD

186,591 × 3.73
Sell

Leib Ryan J

218,690.00 USD

5,755 × 38.00
Sell

DeStefano David

—

132,799 × —
Sell

DeStefano David

—

428,396 × —
Sell

DeStefano David

320,855.22 USD

8,301 × 38.65
Sell

DeStefano David

2,421,391.20 USD

64,018 × 37.82
Sell

DeStefano David

10,810,960.00 USD

290,797 × 37.18
Buy

DeStefano David

4,270,816.00 USD

132,799 × 32.16
Buy

DeStefano David

1,070,990.00 USD

428,396 × 2.50
Sell

Rowland Bryan T.R.

—

1,007 × —
Sell

Rowland Bryan T.R.

—

31,098 × —
Sell

Rowland Bryan T.R.

878,294.40 USD

24,246 × 36.22
Sell

Rowland Bryan T.R.

677,220.75 USD

18,982 × 35.68
Buy

Rowland Bryan T.R.

32,385.12 USD

1,007 × 32.16
Buy

Rowland Bryan T.R.

116,119.93 USD

31,098 × 3.73
Buy

Gayton Bradley M

297,790.97 USD

9,350 × 31.85
Buy

Gayton Bradley M

1,590.75 USD

50 × 31.82
Sell

ANDERSEN ERIC C.

—

22,000 × —
Buy

ANDERSEN ERIC C.

55,000.00 USD

22,000 × 2.50
Sell

Rowland Bryan T.R.

—

867 × —
Sell

Rowland Bryan T.R.

7,717.31 USD

239 × 32.29
Sell

SCHWAB JOHN R

—

1,721 × —
Sell

SCHWAB JOHN R

30,094.28 USD

932 × 32.29
Sell

DeStefano David

—

28,568 × —
Sell

DeStefano David

471,853.78 USD

14,613 × 32.29
Sell

DeStefano David

—

109,232 × —
Sell

DeStefano David

2,438,297.80 USD

55,873 × 43.64
Sell

DeStefano David

—

101,395 × —
Sell

DeStefano David

—

69,527 × —
Sell

DeStefano David

2,292,907.50 USD

51,864 × 44.21
Sell

DeStefano David

1,427,010.40 USD

32,278 × 44.21
Sell

Leib Ryan J

—

4,035 × —
Sell

Leib Ryan J

50,841.50 USD

1,150 × 44.21
Sell

Rowland Bryan T.R.

—

6,429 × —
Sell

Rowland Bryan T.R.

—

4,132 × —
Sell

Rowland Bryan T.R.

78,163.28 USD

1,768 × 44.21
Sell

Rowland Bryan T.R.

50,222.56 USD

1,136 × 44.21
Sell

SCHWAB JOHN R

—

30,305 × —
Sell

SCHWAB JOHN R

—

23,887 × —
Sell

SCHWAB JOHN R

725,530.30 USD

16,411 × 44.21
Sell

SCHWAB JOHN R

571,856.30 USD

12,935 × 44.21
Buy

DeStefano David

—

176,057 × —
Buy

Leib Ryan J

—

9,254 × —
Buy

Rowland Bryan T.R.

—

11,901 × —
Buy

SCHWAB JOHN R

—

63,513 × —
Sell

Rowland Bryan T.R.

—

4,088 × —
Sell

Rowland Bryan T.R.

70,025.00 USD

1,250 × 56.02
Sell

SCHWAB JOHN R

—

24,009 × —
Sell

SCHWAB JOHN R

735,206.50 USD

13,124 × 56.02
Sell

Leib Ryan J

—

4,019 × —
Sell

Leib Ryan J

73,977.75 USD

1,281 × 57.75
Sell

ITEM SECOND IRR. TRUST FBO KYLE R. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

1,026,233.60 USD

18,157 × 56.52
Sell

ITEM SECOND IRR. TRUST FBO KYLE R. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

3,041,052.50 USD

53,843 × 56.48
Sell

ITEM SECOND IRR. TRUST FBO JACOB J. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

—

37,000 × —
Sell

ITEM SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

—

37,000 × —
Sell

Westphal Jeffrey

—

450,000 × —
Sell

SCHWAB JOHN R

—

20,000 × —
Sell

SCHWAB JOHN R

1,060,932.00 USD

20,000 × 53.05
Buy

SCHWAB JOHN R

94,000.00 USD

20,000 × 4.70
Sell

Westphal Jeffrey

—

575,000 × —
Sell

Westphal Jeffrey

30,480,750.00 USD

575,000 × 53.01
Sell

DeStefano David

—

216,268 × —
Sell

DeStefano David

11,903,629.00 USD

216,268 × 55.04
Buy

DeStefano David

540,670.00 USD

216,268 × 2.50
Sell

DeStefano David

—

164,832 × —
Sell

DeStefano David

22,206.00 USD

400 × 55.52
Sell

DeStefano David

9,049,137.00 USD

164,432 × 55.03
Buy

DeStefano David

412,080.00 USD

164,832 × 2.50
Sell

ITEM SECOND IRR. TRUST FBO KYLE R. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

3,389,737.00 USD

61,654 × 54.98
Sell

ITEM SECOND IRR. TRUST FBO KYLE R. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

735,765.00 USD

13,346 × 55.13
Sell

Stamm John Richard

214,059.66 USD

3,815 × 56.11
Sell

DeStefano David

926,537.70 USD

16,500 × 56.15
Sell

DeStefano David

77,551.32 USD

1,400 × 55.39
Sell

DeStefano David

1,409,765.20 USD

25,607 × 55.05
Sell

Rowland Bryan T.R.

—

3,020 × —
Sell

Rowland Bryan T.R.

166,341.90 USD

3,020 × 55.08
Buy

Rowland Bryan T.R.

97,123.20 USD

3,020 × 32.16
Sell

Stamm John Richard

—

2,500 × —
Sell

Stamm John Richard

134,525.00 USD

2,500 × 53.81
Buy

Stamm John Richard

9,335.00 USD

2,500 × 3.73
Sell

Stamm John Richard

—

1,100 × —
Sell

ITEM SECOND IRR. TRUST FBO KYLE R. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

1,648,749.50 USD

31,034 × 53.13
Sell

ITEM SECOND IRR. TRUST FBO KYLE R. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

2,136,987.20 USD

40,966 × 52.16
Sell

DeStefano David

7,893,043.50 USD

159,107 × 49.61
Sell

Westphal Jeffrey

—

2,485,000 × —
Sell

Westphal Jeffrey

121,516,504.00 USD

2,485,000 × 48.90
Sell

ITEM SECOND IRR. TRUST FBO JACOB J. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

420,045.70 USD

8,485 × 49.50
Sell

ITEM SECOND IRR. TRUST FBO JACOB J. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

6,010,504.00 USD

114,870 × 52.32
Sell

ITEM SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

3,072,113.00 USD

58,780 × 52.26
Sell

ITEM SECOND IRR. TRUST FBO JACOB J. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

1,369,430.50 USD

26,645 × 51.40
Sell

ITEM SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

4,692,311.00 USD

91,220 × 51.44
Sell

DeStefano David

—

210,084 × —
Sell

ITEM SECOND IRR. TRUST FBO JACOB J. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

2,300,134.80 USD

56,419 × 40.77
Sell

ITEM SECOND IRR. TRUST FBO JACOB J. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

1,865,821.20 USD

46,098 × 40.48
Sell

ITEM SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

1,731,336.80 USD

42,765 × 40.48
Sell

ITEM SECOND IRR. TRUST FBO JACOB J. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

1,296,317.50 USD

32,629 × 39.73
Sell

ITEM SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

1,287,548.80 USD

32,410 × 39.73
Sell

ITEM SECOND IRR. TRUST FBO JACOB J. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

2,029,012.40 USD

49,114 × 41.31
Sell

ITEM SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

2,022,536.00 USD

48,957 × 41.31
Sell

ITEM SECOND IRR. TRUST FBO JACOB J. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

1,158,022.40 USD

28,027 × 41.32
Sell

ITEM SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

1,145,980.50 USD

27,732 × 41.32
Sell

ITEM SECOND IRR. TRUST FBO JACOB J. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

2,162,313.80 USD

52,713 × 41.02
Sell

ITEM SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

1,974,360.60 USD

48,136 × 41.02
Sell

Westphal Jeffrey

—

170,359 × —
Sell

Westphal Jeffrey

48,289,496.00 USD

1,225,000 × 39.42
Sell

Stamm John Richard

—

5,000 × —
Sell

Stamm John Richard

177,204.00 USD

5,000 × 35.44
Buy

Stamm John Richard

18,670.00 USD

5,000 × 3.73
Sell

ITEM SECOND IRR. TRUST FBO KYLE R. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

5,922,520.50 USD

158,900 × 37.27
Sell

SCHWAB JOHN R

—

25,000 × —
Sell

SCHWAB JOHN R

895,150.00 USD

25,000 × 35.81
Buy

SCHWAB JOHN R

117,499.99 USD

25,000 × 4.70
Sell

Stamm John Richard

—

16,000 × —
Sell

Stamm John Richard

575,179.20 USD

16,000 × 35.95
Buy

Stamm John Richard

59,744.00 USD

16,000 × 3.73
Sell

Rowland Bryan T.R.

—

30,000 × —
Sell

Rowland Bryan T.R.

292,060.60 USD

8,176 × 35.72
Sell

Rowland Bryan T.R.

1,071,168.00 USD

30,000 × 35.71
Buy

Rowland Bryan T.R.

112,020.00 USD

30,000 × 3.73
Sell

ANDERSEN ERIC C.

—

140,000 × —
Sell

ANDERSEN ERIC C.

2,956,529.00 USD

80,952 × 36.52
Sell

ANDERSEN ERIC C.

2,114,007.00 USD

59,048 × 35.80
Buy

ANDERSEN ERIC C.

350,000.00 USD

140,000 × 2.50
Sell

Westphal Jeffrey

56,715,004.00 USD

1,500,000 × 37.81
Buy

Saunders Philip Seth

—

5,705 × —
Buy

Thompson Stefanie Westphal

—

5,705 × —
Buy

Radcliffe Amanda Westphal

—

5,705 × —
Buy

Gayton Bradley M

—

5,705 × —
Buy

Stamm John Richard

—

5,705 × —
Buy

ANDERSEN ERIC C.

—

5,705 × —
Sell

Westphal Jeffrey

49,395,000.00 USD

1,500,000 × 32.93
Sell

Westphal Jeffrey

—

2,500,000 × —
Sell

Westphal Jeffrey

23,773,546.00 USD

791,133 × 30.05
Sell

2020 IRREVOCABLE TRUST FOR BENEFIT OF NICHOLAS A. SHUHAN

927,542.94 USD

30,692 × 30.22
Sell

2020 IRREVOCABLE TRUST FOR BENEFIT OF NICHOLAS A. SHUHAN

1,531,926.50 USD

50,669 × 30.23
Sell

ITEM SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

821,191.70 USD

27,128 × 30.27
Sell

2020 IRREVOCABLE TRUST FOR BENEFIT OF NICHOLAS A. SHUHAN

1,430,032.00 USD

47,522 × 30.09
Sell

ITEM SECOND IRR. TRUST FBO JACOB J. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

85,847.20 USD

2,859 × 30.03
Sell

ITEM SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

1,431,554.10 USD

47,571 × 30.09
Sell

2020 IRREVOCABLE TRUST FOR BENEFIT OF NICHOLAS A. SHUHAN

3,000.00 USD

100 × 30.00
Sell

ITEM SECOND IRR. TRUST FBO JACOB J. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

3,000.00 USD

100 × 30.00
Sell

ITEM SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

3,000.00 USD

100 × 30.00
Sell

ITEM SECOND IRR. TRUST FBO JACOB J. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

936,913.90 USD

31,173 × 30.06
Sell

ITEM SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

929,925.56 USD

30,941 × 30.05
Sell

2020 IRREVOCABLE TRUST FOR BENEFIT OF NICHOLAS A. SHUHAN

930,350.40 USD

30,954 × 30.06
Sell

ITEM SECOND IRR. TRUST FBO JACOB J. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

209,313.08 USD

6,967 × 30.04
Sell

ITEM SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

207,625.47 USD

6,910 × 30.05
Sell

2020 IRREVOCABLE TRUST FOR BENEFIT OF NICHOLAS A. SHUHAN

208,935.02 USD

6,954 × 30.05
Sell

Butler Lisa

245,616.12 USD

8,290 × 29.63
Sell

ITEM SECOND IRR. TRUST FBO JACOB J. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

39,002.99 USD

1,300 × 30.00
Sell

ITEM SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

39,030.00 USD

1,301 × 30.00
Sell

2020 IRREVOCABLE TRUST FOR BENEFIT OF NICHOLAS A. SHUHAN

42,362.97 USD

1,412 × 30.00
Sell

ITEM SECOND IRR. TRUST FBO JACOB J. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

292,567.50 USD

9,749 × 30.01
Sell

ITEM SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

291,930.62 USD

9,727 × 30.01
Sell

2020 IRREVOCABLE TRUST FOR BENEFIT OF NICHOLAS A. SHUHAN

295,865.62 USD

9,859 × 30.01
Sell

Rowland Bryan T.R.

—

32,196 × —
Sell

Rowland Bryan T.R.

954,540.56 USD

32,196 × 29.65
Buy

Rowland Bryan T.R.

120,219.86 USD

32,196 × 3.73
Sell

DeStefano David

366,569.10 USD

12,177 × 30.10
Sell

ITEM SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

317,796.00 USD

10,589 × 30.01
Sell

2020 IRREVOCABLE TRUST FOR BENEFIT OF NICHOLAS A. SHUHAN

315,119.70 USD

10,500 × 30.01
Sell

ITEM SECOND IRR. TRUST FBO JACOB J. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

315,133.34 USD

10,500 × 30.01
Sell

DeStefano David

—

109,233 × —
Sell

DeStefano David

1,380,621.80 USD

55,873 × 24.71
Sell

SCHWAB JOHN R

—

30,305 × —
Sell

SCHWAB JOHN R

405,515.78 USD

16,411 × 24.71
Sell

Butler Lisa

—

6,854 × —
Sell

Butler Lisa

48,011.53 USD

1,943 × 24.71
Sell

Rowland Bryan T.R.

—

6,428 × —
Sell

Rowland Bryan T.R.

44,082.64 USD

1,784 × 24.71
Sell

DeStefano David

—

101,395 × —
Sell

DeStefano David

1,135,597.40 USD

45,957 × 24.71
Buy

Rowland Bryan T.R.

—

16,531 × —
Buy

SCHWAB JOHN R

—

95,551 × —
Buy

DeStefano David

—

278,109 × —
Sell

Rowland Bryan T.R.

—

4,088 × —
Sell

Rowland Bryan T.R.

35,643.78 USD

1,341 × 26.58
Sell

Butler Lisa

—

4,484 × —
Sell

Butler Lisa

40,295.28 USD

1,516 × 26.58
Sell

SCHWAB JOHN R

—

24,009 × —
Sell

SCHWAB JOHN R

236,668.31 USD

8,904 × 26.58
Sell

DeStefano David

—

37,455 × —
Sell

SCHWAB JOHN R

—

25,000 × —
Sell

SCHWAB JOHN R

663,862.50 USD

25,000 × 26.55
Buy

SCHWAB JOHN R

117,499.99 USD

25,000 × 4.70
Sell

Robert Kevin L

228,132.70 USD

8,494 × 26.86
Sell

ITEM SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

262,145.62 USD

9,300 × 28.19
Sell

ITEM SECOND IRR. TRUST FBO JACOB J. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

1,422,402.10 USD

49,199 × 28.91
Sell

ITEM SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

2,034,475.20 USD

70,822 × 28.73
Sell

ITEM SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

1,057,016.50 USD

36,907 × 28.64
Sell

ITEM SECOND IRR. TRUST FBO JACOB J. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

1,134,925.90 USD

39,553 × 28.69
Buy

Westphal Jeffery

—

789,000 × —
Buy

Radcliffe Amanda Westphal

—

789,000 × —
Buy

Thompson Stefanie Westphal

—

789,000 × —
Sell

Thompson Stefanie Westphal

—

2,367,000 × —
Sell

ITEM SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

648,869.20 USD

22,064 × 29.41
Sell

ITEM SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

1,072,450.40 USD

36,200 × 29.63
Sell

ITEM SECOND IRR. TRUST FBO JACOB J. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

782,037.25 USD

26,415 × 29.61
Sell

ITEM SECOND IRR. TRUST FBO JACOB J. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

422,839.66 USD

15,200 × 27.82
Sell

ITEM SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

2,333,657.20 USD

83,400 × 27.98
Sell

ITEM SECOND IRR. TRUST FBO JACOB J. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

1,935,355.40 USD

67,000 × 28.89
Sell

ANDERSEN ERIC C.

262,391.00 USD

10,000 × 26.24
Sell

Westphal Jeffery

28,059,506.00 USD

1,076,727 × 26.06
Sell

Westphal Jeffery

21,429,086.00 USD

822,298 × 26.06
Sell

ITEM SECOND IRR. TRUST FBO JACOB J. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

1,245,109.50 USD

45,000 × 27.67
Sell

ITEM SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

1,244,560.50 USD

45,000 × 27.66
Sell

ITEM SECOND IRR. TRUST FBO JACOB J. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

128,048.48 USD

4,682 × 27.35
Sell

ITEM SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

422,865.40 USD

15,527 × 27.23
Sell

ITEM SECOND IRR. TRUST FBO KYLE R. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

546,922.00 USD

20,000 × 27.35
Sell

ITEM SECOND IRR. TRUST FBO KYLE R. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

7,607,936.00 USD

280,000 × 27.17
Sell

Tensile Capital Management LP

189,783.58 USD

6,934 × 27.37
Sell

Tensile Capital Management LP

1,459,578.40 USD

53,484 × 27.29
Sell

Tensile Capital Management LP

5,254,000.00 USD

200,000 × 26.27
Sell

ITEM SECOND IRR. TRUST FBO KYLE R. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

2,393,067.00 USD

105,337 × 22.72
Sell

ITEM SECOND IRR. TRUST FBO KYLE R. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

3,638,708.50 USD

157,387 × 23.12
Sell

ITEM SECOND IRR. TRUST FBO KYLE R. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

2,811,717.50 USD

126,155 × 22.29
Sell

ITEM SECOND IRR. TRUST FBO KYLE R. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

3,928,800.80 USD

168,208 × 23.36
Sell

ITEM SECOND IRR. TRUST FBO KYLE R. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

1,859,820.90 USD

79,718 × 23.33
Sell

ITEM SECOND IRR. TRUST FBO KYLE R. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

1,491,092.40 USD

63,195 × 23.60
Sell

ITEM SECOND IRR. TRUST FBO JACOB J. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

—

2,089,000 × —
Sell

Tensile Capital Management LP

245,500.00 USD

10,000 × 24.55
Sell

Tensile Capital Management LP

479,600.00 USD

20,000 × 23.98
Sell

Tensile Capital Management LP

2,910,000.00 USD

120,000 × 24.25
Sell

2020 IRREVOCABLE TRUST FOR BENEFIT OF NICHOLAS A. SHUHAN

—

281,452 × —
Sell

ITEM SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

—

1,807,548 × —
Sell

Westphal Jeffery

24,629,562.00 USD

1,103,475 × 22.32
Sell

Tensile Capital Management LP

1,401,600.00 USD

60,000 × 23.36
Sell

DeStefano David

—

186,588 × —
Sell

DeStefano David

—

314,865 × —
Sell

DeStefano David

2,322,962.50 USD

111,950 × 20.75
Buy

DeStefano David

696,719.56 USD

186,588 × 3.73
Sell

DeStefano David

3,730,414.20 USD

179,779 × 20.75
Buy

DeStefano David

787,162.50 USD

314,865 × 2.50
Sell

Stamm John Richard

239,591.73 USD

10,691 × 22.41
Sell

ANDERSEN ERIC C.

294,907.90 USD

15,121 × 19.50
Sell

Westphal Jeffery

—

879,000 × —
Sell

Westphal Jeffery

1,665,500.60 USD

89,236 × 18.66
Sell

Butler Lisa

—

10,000 × —
Sell

Butler Lisa

187,059.00 USD

10,000 × 18.71
Buy

Butler Lisa

25,000.00 USD

10,000 × 2.50
Sell

Westphal Jeffery

2,933,190.20 USD

155,146 × 18.91
Sell

Westphal Jeffery

1,527,503.10 USD

80,816 × 18.90
Sell

Westphal Jeffery

1,523,760.80 USD

80,618 × 18.90
Sell

Westphal Jeffery

14,608,000.00 USD

800,000 × 18.26
Buy

Stamm John Richard

—

8,815 × —
Buy

Radcliffe Amanda Westphal

—

8,815 × —
Buy

Thompson Stefanie Westphal

—

8,815 × —
Buy

Gayton Bradley M

—

8,815 × —
Buy

Robert Kevin L

—

8,815 × —
Buy

ANDERSEN ERIC C.

—

8,815 × —
Buy

Saunders Philip Seth

—

8,815 × —
Sell

SCHWAB JOHN R

—

30,000 × —
Sell

SCHWAB JOHN R

588,381.00 USD

30,000 × 19.61
Buy

SCHWAB JOHN R

141,000.00 USD

30,000 × 4.70
Sell

Butler Lisa

—

10,000 × —
Sell

Butler Lisa

195,648.00 USD

10,000 × 19.56
Buy

Butler Lisa

25,000.00 USD

10,000 × 2.50
Sell

Tensile Capital Management LP

97,828.56 USD

4,383 × 22.32
Sell

Tensile Capital Management LP

1,225,785.80 USD

54,845 × 22.35
Sell

Tensile Capital Management LP

1,001,916.94 USD

44,313 × 22.61
Sell

Butler Lisa

—

10,000 × —
Sell

Butler Lisa

224,480.00 USD

10,000 × 22.45
Buy

Butler Lisa

25,000.00 USD

10,000 × 2.50
Sell

ITEM SECOND IRR. TRUST FBO JACOB J. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

400,614.97 USD

18,780 × 21.33
Sell

ITEM SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

400,614.97 USD

18,780 × 21.33
Sell

ITEM SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

781,182.70 USD

36,480 × 21.41
Sell

ITEM SECOND IRR. TRUST FBO JACOB J. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

781,161.30 USD

36,479 × 21.41
Sell

ITEM SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

570,857.80 USD

27,123 × 21.05
Sell

ITEM SECOND IRR. TRUST FBO JACOB J. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

570,857.80 USD

27,123 × 21.05
Sell

ITEM SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

733,918.30 USD

35,766 × 20.52
Sell

ITEM SECOND IRR. TRUST FBO JACOB J. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

733,918.30 USD

35,766 × 20.52
Sell

ITEM SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

861,297.44 USD

43,754 × 19.69
Sell

ITEM SECOND IRR. TRUST FBO JACOB J. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

861,297.44 USD

43,754 × 19.69
Sell

ITEM SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

109,907.13 USD

5,730 × 19.18
Sell

ITEM SECOND IRR. TRUST FBO JACOB J. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

109,926.31 USD

5,731 × 19.18
Sell

ITEM SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

192,069.27 USD

10,533 × 18.24
Sell

ITEM SECOND IRR. TRUST FBO JACOB J. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

192,087.50 USD

10,534 × 18.24
Sell

ITEM SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

207,621.23 USD

11,379 × 18.25
Sell

ITEM SECOND IRR. TRUST FBO JACOB J. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

207,602.98 USD

11,378 × 18.25
Sell

ITEM SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

42,972.27 USD

2,354 × 18.26
Sell

ITEM SECOND IRR. TRUST FBO JACOB J. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

42,990.52 USD

2,355 × 18.26
Sell

Westphal Jeffery

21,411,190.00 USD

1,215,164 × 17.62
Sell

Westphal Jeffery

2,997,600.00 USD

160,000 × 18.74
Sell

Westphal Jeffery

2,041,674.50 USD

110,325 × 18.51
Sell

Westphal Jeffery

445,866.50 USD

23,884 × 18.67
Sell

ITEM SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

456,992.60 USD

24,588 × 18.59
Sell

ITEM SECOND IRR. TRUST FBO JACOB J. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

456,992.60 USD

24,588 × 18.59
Sell

ITEM SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

316,382.22 USD

17,376 × 18.21
Sell

ITEM SECOND IRR. TRUST FBO JACOB J. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

316,382.22 USD

17,376 × 18.21
Sell

ITEM SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

53,101.41 USD

2,938 × 18.07
Sell

ITEM SECOND IRR. TRUST FBO JACOB J. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

53,083.34 USD

2,937 × 18.07
Sell

Westphal Jeffery

661,301.80 USD

35,084 × 18.85
Sell

Westphal Jeffery

1,171,245.90 USD

62,857 × 18.63
Sell

Rowland Bryan T.R.

—

31,098 × —
Sell

Rowland Bryan T.R.

836,231.70 USD

50,631 × 16.52
Sell

Rowland Bryan T.R.

513,319.16 USD

31,098 × 16.51
Buy

Rowland Bryan T.R.

116,119.93 USD

31,098 × 3.73
Sell

Butler Lisa

—

20,000 × —
Sell

Butler Lisa

47,751.00 USD

2,894 × 16.50
Sell

Butler Lisa

328,170.00 USD

20,000 × 16.41
Buy

Butler Lisa

50,000.00 USD

20,000 × 2.50
Sell

Butler Lisa

11,666.27 USD

763 × 15.29
Sell

Westphal Jeffery

783,205.00 USD

50,000 × 15.66
Sell

Rowland Bryan T.R.

—

1,732 × —
Sell

Rowland Bryan T.R.

8,860.80 USD

568 × 15.60
Sell

Butler Lisa

—

1,153 × —
Sell

Butler Lisa

6,084.00 USD

390 × 15.60
Sell

SCHWAB JOHN R

—

3,441 × —
Sell

SCHWAB JOHN R

19,453.20 USD

1,247 × 15.60
Sell

DeStefano David

—

57,136 × —
Sell

DeStefano David

456,549.62 USD

29,266 × 15.60
Sell

Westphal Jeffery

611,985.20 USD

38,916 × 15.73
Sell

Westphal Jeffery

702,110.25 USD

44,391 × 15.82
Sell

DeStefano David

—

109,232 × —
Sell

DeStefano David

708,248.25 USD

45,871 × 15.44
Buy

Rowland Bryan T.R.

—

25,714 × —
Buy

Butler Lisa

—

27,418 × —
Buy

SCHWAB JOHN R

—

121,220 × —
Buy

DeStefano David

—

405,581 × —
Sell

Butler Lisa

44,638.72 USD

2,968 × 15.04
Sell

SCHWAB JOHN R

34,963.30 USD

7,439 × 4.70
Sell

SCHWAB JOHN R

121,076.42 USD

7,439 × 16.28
Sell

DeStefano David

146,678.28 USD

9,089 × 16.14
Sell

DeStefano David

491,804.97 USD

30,000 × 16.39
Sell

DeStefano David

154,548.67 USD

9,631 × 16.05
Sell

Robert Kevin L

122,570.92 USD

7,894 × 15.53
Sell

SCHWAB JOHN R

4,225.30 USD

899 × 4.70
Sell

SCHWAB JOHN R

14,632.12 USD

899 × 16.28
Sell

Robert Kevin L

84,139.00 USD

5,000 × 16.83
Sell

SCHWAB JOHN R

78,311.40 USD

16,662 × 4.70
Sell

SCHWAB JOHN R

279,671.66 USD

16,662 × 16.79
Sell

Robert Kevin L

—

5,000 × —
Buy

Robert Kevin L

12,500.00 USD

5,000 × 2.50
Sell

Robert Kevin L

183,554.66 USD

11,843 × 15.50
Sell

Westphal Jeffery

22,725,000.00 USD

1,500,000 × 15.15
Sell

ITEM SECOND IRR. TRUST FBO JACOB J. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

—

500,000 × —
Sell

ITEM SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001

—

500,000 × —
Sell

Westphal Jeffery

647,171.94 USD

35,950 × 18.00
Sell

Westphal Jeffery

—

750,000 × —
Sell

Westphal Jeffery

5,887,500.00 USD

750,000 × 7.85
Sell

Tensile Capital Management LP

—

1 × —
Buy

Tensile Capital Management LP

5,887,500.00 USD

750,000 × 7.85
Sell

DeStefano David

257,323.34 USD

17,671 × 14.56
Sell

DeStefano David

402,761.97 USD

28,900 × 13.94
Sell

DeStefano David

458,021.06 USD

33,930 × 13.50
Sell

DeStefano David

494,919.62 USD

36,419 × 13.59
Sell

DeStefano David

361,616.60 USD

26,340 × 13.73
Sell

DeStefano David

849,618.56 USD

60,943 × 13.94
Sell

DeStefano David

686,007.50 USD

47,275 × 14.51
Sell

Butler Lisa

—

25,000 × —
Sell

Butler Lisa

334,715.22 USD

22,793 × 14.69
Sell

Butler Lisa

363,682.50 USD

25,000 × 14.55
Buy

Butler Lisa

62,500.00 USD

25,000 × 2.50
Sell

Westphal Jeffery

—

750,000 × —
Sell

Westphal Jeffery

36,750,000.00 USD

5,000,000 × 7.35
Sell

Westphal Jeffery

22,090.07 USD

1,987 × 11.12
Sell

Westphal Jeffery

790,293.90 USD

69,562 × 11.36
Sell

Westphal Jeffery

304,501.22 USD

25,343 × 12.02
Sell

Westphal Jeffery

80,906.60 USD

6,723 × 12.03
Sell

Westphal Jeffery

683,924.56 USD

61,855 × 11.06
Sell

Westphal Jeffery

1,698,450.00 USD

150,000 × 11.32

© Eulerpool Research Systems

Vertex Directors Dealings

In the last week, the Vertex stock was traded 0 times by insiders. The difference is 1.00 USD.

In the last month, the Vertex stock was traded 0 times by insiders. The difference is 1.00 USD.

In the last year, the Vertex stock was traded 15 times by insiders. The difference is -90,074.44 USD.

Vertex Stock Analysis

Vertex Inc is a global company specializing in tax solutions that help customers reduce their tax burden while complying with regulations. The company was founded in 1978 by Ray Westphal and is headquartered in King of Prussia, Pennsylvania, USA. Vertex Inc started as a small tax system consulting firm and has evolved over the decades to become one of the leading providers of tax solutions worldwide. The business model of Vertex Inc involves creating and providing software and service components that allow customers to automate their tax processes in the areas of direct, indirect, and international taxes. The company offers both cloud-based and license-based products. Vertex Inc has various divisions, including international and indirect taxes, direct taxes, and cloud solutions. The company operates in several countries, including the USA, United Kingdom, India, and Australia, serving customers across all industries and sizes. In the area of international and indirect taxes, Vertex Inc offers a wide range of solutions tailored to the needs of companies engaged in cross-border transactions. Products include Vertex Indirect Tax O Series, a cloud-based tool for indirect tax automation, and Vertex Tax Process Automation, which helps companies automate their compliance with international taxes. For direct taxes, Vertex Inc offers a variety of tools and solutions that meet the requirements of companies of all sizes and types. Products such as Vertex Enterprise and Vertex Indirect Tax O Series are designed to help companies automate their tax calculations and filings while complying with regulations. As a company heavily invested in the cloud, Vertex Inc also offers cloud solutions that allow businesses to manage and automate their tax processes online. Vertex Cloud is a cloud-based tax solution program that enables companies of all sizes to quickly, securely, and efficiently handle their tax filings. Overall, Vertex Inc is a leading company in the field of tax solutions, offering customers a wide range of products and services that contribute to reducing tax burdens while complying with regulations. With a proven track record in the international market and over 40 years of experience, Vertex Inc is a trusted partner for businesses looking to automate and optimize their tax filings and processes.

Vertex
IssuerVertex
Market capitalization- USD
SymbolVERX
ISINUS92538J1060
ISINA2P93F

7-day aggregated

—

30-day aggregated

—

365-day aggregated

-90,074.44 USD

FAQ

The Basics on Insider Purchases

Profit with insiders.

Insider trades include both directors' dealings and insider sales. These insider transactions can serve as buying indicators for private investors, as they are based on insider information available to insiders. Directors' dealings are often referred to as directors' dealings. Eulerpool obtains the information directly from BaFin and the SEC.

Who is considered an insider?

An insider knows about non-publicly known circumstances surrounding publicly traded companies that can have a significant impact on the price - for example, because they have access to this insider information through their profession. Thus, insider information can be knowledge that a publicly traded company is about to undergo a capital measure or acquire a substantial stake. An insider is not necessarily a person with a professional connection to the issuer. An insider can also be close family members and persons living in the same household.

Legal Basis

Since July 1, 2002, pursuant to § 15a of the Securities Trading Act (WpHG), transactions in securities of their own company by members of the management board and supervisory board of listed companies and their family members must be promptly reported and published by the company. With the entry into force of the Investor Protection Improvement Act on October 30, 2004, the provisions of § 15a WpHG were significantly modified. With the applicability of the Market Abuse Regulation on July 3, 2016, the legal provisions on transactions by managerial personnel are regulated in Article 19 MAR. The publication of these transactions is an important contribution to the prevention of insider trading and market manipulation. In addition, knowledge of such transactions is of great importance to the market, as they provide indications of the management's assessment of future business prospects.

Reporting obligations

According to Art. 19 MAR, executives must immediately report to the issuer and the competent authority any personal transaction involving shares or debt instruments of this issuer or related derivatives or other related financial instruments, no later than three business days after the transaction date. The reporting obligation also applies to spouses, registered life partners, dependent children, and other relatives who have been residing in the same household for at least one year. The same applies to legal entities closely related to the executive, trustees (e.g., foundations) or partnerships acting as trustees. Personal transactions are subject to reporting as soon as the total amount reaches EUR 5,000 by the end of the calendar year. With effect from 01.01.2020, BaFin has increased the threshold from EUR 5,000 to EUR 20,000 through a general ruling.

Publication obligations

The issuer is responsible for publishing reportable transactions within two business days after receiving a corresponding notification from the executive or a closely related person through appropriate media throughout the European Union. Additionally, the issuer is obligated to transmit the published information to the company registry, which stores it.

What are Directors Dealings?

Directors Dealings and insider sales can be summarized under the term insider trading. In English, the term Directors Dealings is commonly used.

These are purchases and sales of stocks by individuals who have insider information about the respective company.

But who is even considered an insider?

An insider is aware of non-publicly known circumstances surrounding publicly traded companies, which can have a significant impact on the price - for example, because they have obtained this insider information due to their profession.

An insider information can be the knowledge that a listed company is about to undertake a capital measure or acquire a significant stake.

An insider is not necessarily a person with a professional connection to the issuer. It can also refer to close family members and individuals residing in the same household.

Insider trading is prohibited.

It is important to understand that insider trading is prohibited.

A publicly traded company must disclose all information that could potentially affect the stock price as soon as possible. It is illegal for an insider to buy or sell shares based on this information that has not yet been disclosed.

So it should be clear that the published insider trades usually do not refer to trades that have a significant short-term impact on the stock price of a publicly traded company.

Rather, insider trades are about an insider's belief in a positive or negative future development of the company.

However, the normalization of (legal) insider trades does not mean that they cannot have an impact on the stock price.

Insider obligations

If you are a member of the executive board, the supervisory board, or a top-level executive of a publicly traded company and you buy or sell shares of your own company based on insider information, you must notify the company immediately (within 3 business days).

The company must then promptly (within 2 business days) disclose this information.

The same applies to family members of the mentioned individuals and other involved parties, such as legal entities closely associated with the insider, fiduciary institutions (e.g. foundations), or partnerships.

The reporting threshold has been set at 20,000 euros per calendar year since 2020 (previously 5,000 euros).

The mentioned information pertains to German companies.

How does the Eulerpool Directors Dealings Tool work?

With the Eulerpool Directors Dealings Tool, you can easily find out which Directors Dealings are available at German companies in the last 7, 30, or 365 days occurred. Directors Dealings of shares from the USA will be added in the near future.

In principle, you have two options to use the Directors Dealings Tool:
  • Search for directors dealings of a specific stock within the timeframe of 7, 30, or 365 days.
  • Search for all directors dealings in the period of 7, 30, or 365 days.

Option 1: Search for directors dealings of a specific stock.

If you want to check whether there has been any insider trading activity for a particular stock recently, you can search for it using the stock's name or the stock's ISIN.

Option 2: Search for all directors dealings

If you want to know which Directors Dealings have occurred in all German stock companies recently, Eulerpool's Directors Dealings Tool can also help you.

Simply call up the page and select the desired time period, and you will immediately see all Directors Dealings in the table. But how do you read the table?

So how to read the table

The table consists of the following 6 columns:
  • Issuer
  • ISIN
  • Purchase volume
  • Sales volume
  • Number
  • Difference

Issuer/ISIN

With the names (issuer) and ISIN, you can uniquely identify a stock. By clicking on both parameters, you will get more information about insider trading for the selected stock. But more on that later.

Purchase and Sales Volume

When looking at the buying and selling volume, you can see how much volume of stocks has been traded in insider trades. For example, if a stock is worth 100 euros and an insider buys it 100 times, you will see a value of 10,000 euros in the buying volume column. If an insider has sold stocks for the same amount, you will see the 10,000 euros in the selling volume.

Difference

The difference is calculated by the buying and selling volume. If an insider trading transaction involves buying a volume of 100,000 euros, but only selling 50,000 euros, you will see a green value of 50,000 euros in the difference. In the case of a negative difference, you will see a red number with a minus sign in front. This indicates that more shares were sold than bought in insider trades.

Number

The number indicates how much insider trading has occurred at the respective company. Both purchases and sales are included here.

Sort table

Now you know how to read the table. However, if you use option 2, you still need to sort the results. At Eulerpool's Directors Dealings Tool, you can sort all columns from top to bottom (or vice versa).

If you click on, for example, "purchase volume", the results will be sorted in descending order based on purchase volume as the leading criterion. If you click on it again, the sorting will change from descending to ascending.

The same is also possible with all other columns. Every time you click on the respective column, it will become the leading criterion for sorting the results.

You can customize the results for insider trading according to your preferences. If you have found a stock that is noticeable to you, for example, due to a high number of directors dealings or a significant difference, you naturally want to gather more information. As mentioned briefly before, the Directors Dealings Tool from Eulerpool also assists you with that.

Further information about insider trading

By clicking on issuer or ISIN, you will be directed to a page with further information about the company. In addition to the business model and stock price of the company, you can see how much insider trading has occurred in the last 7, 30, and 365 days (number, difference).

As a special highlight, you can see in the table notifications who exactly made the insider trade. In addition to the obligated party, you can see the volume of the trade, the insider's position (including close relationship, executive board), the stock price at the time of the trade, the number of shares traded, and the date of the trade. This way, you can track all directors dealings in detail.

Now you can start further research and find out with qualitative information what exactly led to the insider trade.

Where does the data on insider trading come from?

Finally, the answer to an important question. We obtain the data from the Eulerpool Directors Dealings Tool directly from the Federal Financial Supervisory Authority (BaFin).

For the Directors Dealings of stocks from the USA, we will rely on data from the United States Securities and Exchange Commission (SEC) in the future.

We are also providing the Equity Screening with the highest possible data quality.

Why insider trading is prohibited and how you as an investor can still benefit from it.

In the section "What are Directors Dealings?" we have informed, among other things, about the duties of insiders. But why does insider trading actually have to be reported?

Insider trading can influence the price.

To repeat: In the case of publicly traded companies, any information that could affect the stock price must be disclosed. This is clear to everyone when it comes to Quarterly results and the like. However, directors' dealings can also influence a stock price.

Let's imagine that the CEO of a company, which has reported excellent numbers recently, suddenly sells a larger portion of his own stocks. If you are invested in this company, the CEO's stock sale would definitely be relevant information for you. Perhaps the sale is an indicator of weaker future performance or other deficiencies within the company. After all, if the CEO doesn't have the best information about the company, then who does?

If the CEO were not required to disclose his sale, you will understand why (undisclosed) insider trading is prohibited. The CEO has eliminated an unfair advantage by having access to privileged information compared to the investors.

Of course, it is also prohibited and even illegal if, for example, the CEO buys or sells stocks based on ad-hoc mandatory information. If he knows, for example, about an impending bankruptcy that is not yet publicly known, he is not allowed to sell any stocks.

Basically, in Germany, insider trading is also prohibited during the publication of Quarterly results and during the period of the initial public offering (IPO).

In summary, it can be said that without these mechanisms, the functioning of the capital market would be at risk.

You can benefit from insider trading.

Since insider trading must be disclosed, as a private investor you can benefit from it.

However, it is important to note that a decision for or against a stock should never be based solely on insider trading. Ultimately, only the pure fact of the purchase or sale is initially at stake. The reasons behind it will only be known later, or in many cases, not at all.

It should also be considered that executives are often biased towards their own company. Accordingly, they may perceive the future of the company more positively than it actually is and buy stocks of the company based on this perception. In such cases, there are no insider information available. It is also possible that executives may intentionally purchase stocks in order to positively influence the company's stock price.

Who is the insider?

Another important question when evaluating an insider trade is: Who is the insider in the first place? In general, the following can be stated: The higher-ranking the insider, the more relevant the insider trading. The reason for this is logical, as a higher-ranking person will generally have the best information.

Assessing directors dealings and sales differently

To conclude this chapter, we want to highlight an important point from our perspective. Namely, that purchases and sales should not be considered equivalent.

Directors' dealings are a (slightly) positive indicator.

We can ask ourselves the simple question of why we buy a stock. The answer is in 99.9% of cases, because we want to achieve a positive return. And likely, executives also buy stocks for the same reason in the majority of cases.

As mentioned in the previous section, there may not necessarily be groundbreaking insider information here.

However, an insider purchase can still be a (strongly) positive indicator. But only if the insider buys the stocks with their own money. On the other hand, stocks or options packages as part of compensation are not a positive indicator, as no conscious decision is made for the company in this case.

Even more positive is to see a company where there have been several purchases by one person or purchases by multiple persons recently. In such a company, a more in-depth analysis is recommended. You can find these companies using Eulerpool's Directors Dealings Tool.

Insider sales are a (strong) negative indicator.

There can be many reasons why an investor sells stocks. However, investors should be cautious when larger sell-offs by board members or institutional investors occur. This type of selling signal can indicate problems or uncertainties within the company and may cause the stock price to fall. It is advisable to closely monitor such sales and analyze the background before making a selling decision yourself. When it comes to sales, it is important to keep a cool head and not act purely out of panic. Instead of selling blindly, you should engage with the facts, make an informed decision, and possibly seek the opinion of a financial advisor.

But when it comes to insider sales, it is probably worth taking a closer look than with directors dealings. Especially when the company is actually doing well externally.

It is also important to know how many own shares the insider sold. At 5%, it is naturally less relevant than at 50%.

If a CEO, for example, sells, then one should definitely take a closer look.

Always assess the context.

But here too, the same applies. Without a context, It is difficult to assess the whole. This becomes clear with an example from the recent past.

Elon Musk has sold billions of dollars' worth of shares as CEO of Tesla. Without context, this headline would likely imply a (strongly) negative impact on Tesla's stock. However, since the sale was made to finance the acquisition of Twitter, the sale can be seen in a different (more positive) light.

We do not want to make a statement about the sense or nonsense of these measures, but rather illustrate how strongly the context categorizes insider trading.

What does science say about insider trading?

To conclude the article, we would like to briefly discuss what science says about insider trading. Because insider trades have already been examined in a variety of scientific studies.

In general, it can be stated that insider trades can provide information about future returns. In this regard, directors' dealings on average have a greater positive impact on the stock price than insider sales have a negative impact on it.

The science also confirms that insider trades by higher-ranking individuals have a greater impact on the stock price.

Also just logical. The larger the trade, the more relevant. The more people make the trade, the more relevant.

Finally, however, there is one new piece of information from science for this article. It has been found that insider trades have a greater impact on the price of smaller companies than on larger ones.

Further scientific information can be found, for example, at 2iQ Research and The Evidence-Based Investor.