In the last trading session, 2.62 million shares of the Veritone Inc (NASDAQ:VERI) were traded, and its beta was 2.87. Most recently the company’s share price was $2.35, and it changed around -$0.19 or -7.48% from the last close, which brings the market valuation of the company to $126.91M. VERI currently trades at a discount to its 52-week high of $5.64, offering almost -140.0% off that amount. The share price’s 52-week low was $1.22, which indicates that the current value has risen by an impressive 48.09% since then. We note from Veritone Inc’s average daily trading volume that its 10-day average is 4.65 million shares, with the 3-month average coming to 1.50 million.
Veritone Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.50. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 1 recommended VERI as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight.
Veritone Inc (NASDAQ:VERI) trade information
Instantly VERI has showed a red trend with a performance of -7.48% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 3.19 on recent trading dayincreased the stock’s daily price by 26.33%. The company’s shares are currently down -27.69% year-to-date, but still up 3.98% over the last five days. On the other hand, Veritone Inc (NASDAQ:VERI) is 64.91% up in the 30-day period. We can see from the shorts that 3.68 million shares have been sold at a short interest cover period of 2.52 day(s).
The consensus price target as assigned by Wall Street analysts is $3.5, which translates to bulls needing to increase their stock price by 32.86% from its current value. Analyst projections state that VERI is forecast to be at a low of $3.5 and a high of $3.5.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 0.82%.
VERI Dividends
Veritone Inc’s next quarterly earnings report is expected to be released on 2025-Jun-13.
Veritone Inc (NASDAQ:VERI)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 19.18% of Veritone Inc shares, and 20.24% of them are in the hands of institutional investors. The stock currently has a share float of 25.05%. Veritone Inc stock is held by 85.0 institutions, with PRIVATE MANAGEMENT GROUP INC being the largest institutional investor. By 2024-06-30, it held 6.4499% of the shares, which is about 2.44 million shares worth $5.51 million.
VANGUARD GROUP INC, with 4.097% or 1.55 million shares worth $3.5 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund were the top two Mutual Funds as of Mar 31, 2025 . The former held 999.6 shares worth $2.35 million, making up 2.10% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund held roughly 533.16 shares worth around $1.25 million, which represents about 1.12% of the total shares outstanding.
