Royce & Associates LP Acquires 326,000 Shares of Veritone, Inc. $VERI

Royce & Associates LP boosted its holdings in Veritone, Inc. (NASDAQ:VERI) by 60.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 866,000 shares of the company’s stock after purchasing an additional 326,000 shares during the quarter. Royce & Associates LP’s holdings in Veritone were worth $4,027,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in VERI. Franklin Resources Inc. bought a new stake in Veritone in the third quarter worth approximately $50,000. Sherbrooke Park Advisers LLC bought a new stake in Veritone in the third quarter worth approximately $80,000. Jefferies Financial Group Inc. bought a new stake in Veritone in the third quarter worth approximately $82,000. Thompson Davis & CO. Inc. bought a new stake in Veritone in the fourth quarter worth approximately $95,000. Finally, Caitong International Asset Management Co. Ltd increased its holdings in Veritone by 398.9% in 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. 39.18% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

VERI has been the subject of a number of research analyst reports. HC Wainwright reiterated a “buy” rating and issued a $9.00 target price on shares of Veritone in a report on Monday, March 30th. D. Boral Capital reiterated a “buy” rating and issued a $8.00 target price on shares of Veritone in a report on Wednesday, April 15th. Finally, Wall Street Zen downgraded Veritone from a “hold” rating to a “sell” rating in a report on Saturday, March 21st. Three analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $9.00.

Key Stories Impacting Veritone

Here are the key news stories impacting Veritone this week:

• Positive Sentiment: Veritone updated its FY2026 revenue guidance to $130 million-$145 million, which at least shows the company is still providing forward visibility despite recent controversy.
• Neutral Sentiment: Multiple law firms announced or repeated reminders about a securities class action tied to purchases made between October 14, 2025 and April 14, 2026, with a lead-plaintiff deadline of July 20, 2026. These notices mainly increase legal overhang and highlight investor losses, but they do not change operations directly. Article Title
• Negative Sentiment: The biggest drag on sentiment is the fresh securities fraud lawsuit alleging Veritone admitted improper revenue accounting and that prior financial statements should no longer be relied upon. That raises governance and restatement concerns, which can weigh on the stock. Article Title
• Negative Sentiment: An article also said Veritone’s shares dipped on a $75 million equity offering, signaling dilution risk and possible pressure on existing shareholders.

Veritone Stock Up 1.0%

NASDAQ VERI opened at $2.12 on Friday. The company has a market cap of $197.06 million, a price-to-earnings ratio of -4.61 and a beta of 2.25. Veritone, Inc. has a 52 week low of $1.22 and a 52 week high of $9.42. The business has a 50 day moving average price of $2.14 and a 200-day moving average price of $3.42.

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

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.