Conestoga Capital Advisors released its third-quarter 2025 investor letter, reporting the Conestoga Micro-Cap Composite returned 11.7% net-of-fees, underperforming the Russell Microcap Growth Index’s 19.9% return. Check out their top 5 holdings for insights into their 2025 picks. Vertex, Inc. (NASDAQ:VERX) saw a one-month return of -2.45% and closed at $24.33 per share on October 17, 2025.

In their investor letter, Conestoga Capital Advisors discussed Vertex, Inc. (NASDAQ:VERX), which provides tax technology solutions for various industries. Despite challenges like slower revenue growth and IT spending, the long-term trend toward digitized tax compliance remains positive. Vertex, Inc. (NASDAQ:VERX) was not among the 30 most popular stocks among hedge funds in Q2 2025.

Vertex, Inc. (NASDAQ:VERX) revenue was $184.6 million in Q2 2025, up 14.6% year-over-year. While the stock offers potential as an investment, AI stocks may provide greater upside with less downside risk. For insights into beaten down technology stocks and hedge fund investor letters for Q3 2025, check out related articles on Insider Monkey’s website.

Read more at Yahoo Finance: Does Vertex (VERX) Demonstrate Favorable Long-Term Trend?