On November 10, 2023, Tensile Capital Management LP (Trades, Portfolio), a notable investment firm, made a significant adjustment to its portfolio by reducing its stake in Vertex Inc (NASDAQ:VERX). The firm sold 260,418 shares of Vertex Inc, which resulted in a 4.60% decrease in their holdings, impacting the portfolio by -0.89%. Following the transaction, Tensile Capital Management LP (Trades, Portfolio) still holds a substantial 5,396,299 shares in Vertex Inc, representing an 18.67% position in their portfolio and a 3.53% stake in the company.