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Eric C. Andersen net worth and biography

Eric Andersen Biography and Net Worth

Director of Vertex

Ric Andersen joined our board of directors in January 2008 and currently serves as lead director. He has over 25 years of consulting and management experience at IBM, Price Waterhouse and PwC Consulting. His last 15 years have been spent in private equity. He is currently a managing partner at Peak Equity (‘‘Peak’’), a Philadelphia-based private equity firm focused on lower middle-market enterprise software. Prior to joining Peak, Mr. Andersen was a partner at Milestone Partners, a Philadelphia-based private equity firm and he was a managing director at Silver Lake Partners, a technology-focused private equity firm based in New York. During his tenures with Price Waterhouse, PwC Consulting, and IBM, Mr. Andersen was a senior partner and senior executive leading several businesses in the United States and Asia as well as globally. Mr. Andersen is currently chairman of G5, a privately held software company. In addition, he serves on the Board of American Public Education Inc. (‘‘APEI’’) a publicly traded online higher education company where he is chair of the compensation committee and a member of the audit committee. Mr. Andersen holds an MBA from the Wharton School at the University of Pennsylvania and a BS from Bucknell University.

What is Eric C. Andersen's net worth?: The estimated net worth of Eric C. Andersen is at least $5.09 million as of August 14th, 2023. Mr. Andersen owns 97,309 shares of Vertex stock worth more than $5,090,234 as of November 21st. This net worth approximation does not reflect any other investments that Mr. Andersen may own. Learn More about Eric C. Andersen's net worth.
How do I contact Eric C. Andersen?: The corporate mailing address for Mr. Andersen and other Vertex executives is 2301 RENAISSANCE BOULEVARD, KING OF PRUSSIA PA, 19406. Vertex can also be reached via phone at 800-355-3500 and via email at [email protected]. Learn More on Eric C. Andersen's contact information.
Has Eric C. Andersen been buying or selling shares of Vertex?: Eric C. Andersen has not been actively trading shares of Vertex during the last quarter. Most recently, Eric C. Andersen sold 15,121 shares of the business's stock in a transaction on Monday, August 14th. The shares were sold at an average price of $19.50, for a transaction totalling $294,859.50. Following the completion of the sale, the director now directly owns 97,309 shares of the company's stock, valued at $1,897,525.50. Learn More on Eric C. Andersen's trading history.
Who are Vertex's active insiders?: Vertex's insider roster includes Eric Andersen (Director), Lisa Butler (CAO), David DeStefano (President, Chief Executive Office and Chairperson of the Board), Kevin Robert (Director), Bryan Rowland (General Counsel), John Schwab (CFO), John Stamm (Director), and Jeffery Westphal (Major Shareholder). Learn More on Vertex's active insiders.
Are insiders buying or selling shares of Vertex?: During the last year, insiders at the sold shares 37 times. They sold a total of 8,814,276 shares worth more than $346,618,936.03. The most recent insider tranaction occured on November, 18th when CEO David Destefano sold 22,275 shares worth more than $1,103,726.25. Insiders at Vertex own 44.6% of the company. Learn More about insider trades at Vertex.
Information on this page was last updated on 11/18/2024.

Eric C. Andersen Insider Trading History at Vertex

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
8/14/2023	Sell	15,121	$19.50	$294,859.50	97,309
6/7/2021	Sell	21,317	$18.35	$391,166.95	88,494

Eric C. Andersen Buying and Selling Activity at Vertex

Vertex Company Overview

Vertex, Inc., together with its subsidiaries, provides enterprise tax technology solutions for retail trade, wholesale trade, and manufacturing industries in the United States and internationally. The company offers tax determination; compliance and reporting, including workflow management tools, role-based security, and event logging; tax data management; document management; analytics and insights; pre-built integration that includes mapping data fields, and business logic and configurations; industry-specific solutions; and technology specific solutions, such as chain flow accelerator and SAP-specific tools. It provides implementation services, such as configuration, data migration and implementation, and support and training; and managed services, including tax return preparation, filing and tax payment, and notice management. The company sells its software products through software licenses and software as a service subscription. Vertex, Inc. was founded in 1978 and is headquartered in King of Prussia, Pennsylvania.

Today's Range

Now: $52.31

$50.81

$52.33

50 Day Range

MA: $42.38

$35.61

$52.31

2 Week Range

Now: $52.31

$23.31

$52.93

Volume

814,645 shs

Average Volume

937,153 shs

Market Capitalization

$8.16 billion

P/E Ratio

290.61

Dividend Yield

N/A

Beta

0.67

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