Veritone (NASDAQ:VERI) Stock Passes Below Fifty Day Moving Average – Time to Sell?

Posted by Geri Gentry on Sep 2nd, 2026

Veritone, Inc. (NASDAQ:VERI – Get Free Report)’s share price crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $1.14 and traded as low as $0.7555. Veritone shares last traded at $0.7937, with a volume of 2,684,549 shares changing hands.

Analyst Ratings Changes

A number of analysts have issued reports on VERI shares. Wall Street Zen upgraded shares of Veritone from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 1st. Needham & Company LLC dropped their price objective on shares of Veritone to $5.00 and set a “buy” rating for the company in a report on Friday, August 14th. UBS Group initiated coverage on shares of Veritone in a research note on Monday, June 1st. They set a “neutral” rating and a $2.50 target price on the stock. Finally, Weiss Ratings lowered shares of Veritone from a “sell (d-)” rating to a “sell (e+)” rating in a report on Tuesday, August 25th. Three investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Veritone has an average rating of “Hold” and a consensus target price of $6.12.

Get Our Latest Report on Veritone

Veritone Stock Performance

The company has a 50 day moving average of $1.13 and a 200 day moving average of $1.87. The stock has a market capitalization of $80.78 million, a price-to-earnings ratio of -2.12 and a beta of 2.29.

Veritone (NASDAQ:VERI – Get Free Report) last posted its quarterly earnings results on Thursday, August 13th. The company reported ($0.11) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.11). Veritone had a negative return on equity of 159.15% and a negative net margin of 111.90%.The company had revenue of $24.26 million for the quarter, compared to analyst estimates of $28.29 million.

Insider Buying and Selling

In other news, CEO Ryan Steelberg purchased 148,810 shares of the stock in a transaction on Friday, August 21st. The stock was bought at an average price of $0.85 per share, for a total transaction of $126,488.50. Following the acquisition, the chief executive officer directly owned 730,284 shares of the company’s stock, valued at approximately $620,741.40. The trade was a 25.59% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 7.37% of the stock is owned by company insiders.

Institutional Investors Weigh In On Veritone

Institutional investors have recently modified their holdings of the company. State of Wyoming acquired a new position in shares of Veritone during the fourth quarter worth $25,000. Franklin Resources Inc. lifted its holdings in Veritone by 78.3% during the 4th quarter. Franklin Resources Inc. now owns 18,325 shares of the company’s stock worth $85,000 after buying an additional 8,045 shares during the last quarter. Jefferies Financial Group Inc. boosted its position in shares of Veritone by 47.8% during the 4th quarter. Jefferies Financial Group Inc. now owns 25,130 shares of the company’s stock worth $117,000 after acquiring an additional 8,130 shares in the last quarter. SummitTX Capital L.P. acquired a new position in shares of Veritone during the 1st quarter worth about $26,000. Finally, LPL Financial LLC boosted its position in shares of Veritone by 55.9% during the 4th quarter. LPL Financial LLC now owns 45,938 shares of the company’s stock worth $214,000 after acquiring an additional 16,481 shares in the last quarter. 39.18% of the stock is owned by hedge funds and other institutional investors.

About Veritone

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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.