2,638,358 Shares in Veritone, Inc. $VERI Acquired by Banta Asset Management LP

Banta Asset Management LP bought a new position in shares of Veritone, Inc. (NASDAQ:VERI) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,638,358 shares of the company’s stock, valued at approximately $12,268,000. Veritone makes up approximately 11.2% of Banta Asset Management LP’s investment portfolio, making the stock its 3rd largest holding.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Franklin Resources Inc. bought a new stake in Veritone during the third quarter worth approximately $50,000. Sherbrooke Park Advisers LLC bought a new stake in Veritone during the third quarter worth approximately $80,000. Jefferies Financial Group Inc. bought a new stake in Veritone during the third quarter worth approximately $82,000. Thompson Davis & CO. Inc. bought a new stake in Veritone during the fourth quarter worth approximately $95,000. Finally, Caitong International Asset Management Co. Ltd raised its holdings in Veritone by 398.9% during the third quarter. Caitong International Asset Management Co. Ltd now owns 30,122 shares of the company’s stock worth $145,000 after purchasing an additional 24,084 shares in the last quarter. Institutional investors own 39.18% of the company’s stock.

Veritone Stock Performance

NASDAQ VERI opened at $2.14 on Friday. The stock has a market capitalization of $198.93 million, a P/E ratio of -4.65 and a beta of 2.25. Veritone, Inc. has a 1 year low of $1.22 and a 1 year high of $9.42. The business’s fifty day moving average is $2.21 and its two-hundred day moving average is $3.57.

Veritone (NASDAQ:VERI) last posted its quarterly earnings results on Wednesday, April 15th. The company reported $999.00 earnings per share (EPS) for the quarter. Veritone had a negative return on equity of 198.79% and a negative net margin of 117.88%. On average, research analysts forecast that Veritone, Inc. will post -0.29 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts recently commented on VERI shares. Wall Street Zen cut Veritone from a “hold” rating to a “sell” rating in a report on Saturday, March 21st. D. Boral Capital reaffirmed a “buy” rating and issued a $8.00 price target on shares of Veritone in a report on Wednesday, April 15th. Finally, HC Wainwright reaffirmed a “buy” rating and issued a $9.00 price target on shares of Veritone in a report on Monday, March 30th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Veritone currently has an average rating of “Moderate Buy” and a consensus price target of $9.00.

Key Stories Impacting Veritone

Here are the key news stories impacting Veritone this week:

• Positive Sentiment: Veritone also disclosed a $50 million at-the-market equity program, which could give the company flexibility to raise capital if needed, though it may also dilute existing shareholders. Veritone Establishes $50 Million At-The-Market Equity Program
• Neutral Sentiment: Several law firms, including Rosen Law Firm, Gainey McKenna & Egleston, Howard G. Smith, Frank R. Cruz, Glancy Prongay Wolke & Rotter, Robbins LLP, and Pomerantz LLP, announced or publicized investigations and class-action claims tied to alleged securities fraud during the October 14, 2025 to April 14, 2026 period. VERI Investors Have Opportunity to Lead Veritone, Inc. Securities Fraud Lawsuit
• Negative Sentiment: The filing of a class-action lawsuit and related investor notices may increase legal expenses, distract management, and create uncertainty around Veritone’s past disclosures and business outlook, which can hurt the stock. Rosen Law Firm Urges Veritone, Inc. (NASDAQ: VERI) Stockholders to Contact the Firm for Information About Their Rights

Veritone Company Profile

Veritone, Inc (NASDAQ: VERI) is a technology company specializing in artificial intelligence solutions for media, legal, government and enterprise applications. Its flagship offering, aiWARE™, is a cloud-based operating system that orchestrates and automates an ecosystem of machine learning models to transform unstructured data—such as audio, video and text—into actionable intelligence. By providing a modular AI environment, Veritone enables organizations to deploy, manage and scale cognitive engines that address diverse use cases from transcription and translation to sentiment analysis and facial recognition.

Through aiWARE and its suite of purpose-built applications, the company delivers turnkey solutions for content licensing, media monitoring, eDiscovery, compliance and public safety.