veritone has developed a proprietary platform that unlocks the power of ai-based cognitive computing so that unstructured audio and video data can be processed, transformed and analyzed in a seamless, automated manner to generate actionable intelligence. the cloud-based open platform integrates an ecosystem of a variety of best-of-breed cognitive engines, which can be orchestrated together, to reveal valuable multivariate insights from vast amounts of audio and video data. founded in 2014, veritone has been recognized by some of the industry’s most prestigious forums, including the red herring top 100 award, the edison awards, and the siia business technology codie award for best native advertising platform or service.
Company profile
Ticker
VERI
Exchange
Website
CEO
Chad Steelberg
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Machine Box, Inc. • Performance Bridge Media, Inc. • PandoLogic, Inc. • PandoLogic Ltd. • Veritone Alpha, Inc. • Veritone Digital, Inc. • Veritone Enterprise, LLC • Veritone One, Inc. • Veritone Politics, LLC • Veritone UK Ltd. ...
VERI stock data
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
18 Apr 24
8-K
Departure of Directors or Certain Officers
18 Apr 24
10-K
2023 FY
Annual report
29 Mar 24
NT 10-K
Notice of late annual filing
18 Mar 24
8-K
Veritone Reports Fourth Quarter and Fiscal Year 2023 Results
12 Mar 24
8-K
Departure of Directors or Certain Officers
23 Jan 24
424B7
Prospectus with selling stockholder info
17 Jan 24
EFFECT
Notice of effectiveness
17 Jan 24
CORRESP
Correspondence with SEC
11 Jan 24
UPLOAD
Letter from SEC
10 Jan 24
Transcripts
VERI
Earnings call transcript
2023 Q4
12 Mar 24
VERI
Earnings call transcript
2023 Q3
8 Nov 23
VERI
Earnings call transcript
2023 Q2
8 Aug 23
VERI
Earnings call transcript
2023 Q1
2 May 23
VERI
Earnings call transcript
2022 Q4
2 Mar 23
VERI
Earnings call transcript
2022 Q3
9 Nov 22
VERI
Earnings call transcript
2022 Q2
10 Aug 22
VERI
Earnings call transcript
2022 Q1
4 May 22
VERI
Earnings call transcript
2021 Q4
4 Mar 22
VERI
Earnings call transcript
2021 Q3
10 Nov 21
Latest ownership filings
4
Ryan Steelberg
10 Apr 24
4
Michael Leonard Zemetra
10 Apr 24
4
Chad Steelberg
23 Feb 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
SC 13G
PRIVATE MANAGEMENT GROUP INC
2 Feb 24
SC 13G/A
BlackRock Inc.
31 Jan 24
SC 13G/A
BANTA ASSET MANAGEMENT LP
11 Jan 24
4
Ryan Steelberg
20 Nov 23
4
Michael Zilis
9 Nov 23
3
Michael Zilis
9 Nov 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 72.94 mm | 72.94 mm | 72.94 mm | 72.94 mm | 72.94 mm | 72.94 mm |
Cash burn (monthly) | (no burn) | 10.33 mm | 8.51 mm | 7.27 mm | (no burn) | 1.65 mm |
Cash used (since last report) | n/a | 68.67 mm | 56.53 mm | 48.31 mm | n/a | 10.93 mm |
Cash remaining | n/a | 4.27 mm | 16.41 mm | 24.63 mm | n/a | 62.00 mm |
Runway (months of cash) | n/a | 0.4 | 1.9 | 3.4 | n/a | 37.7 |
Institutional ownership, Q3 2023
35.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 74 |
Opened positions | 12 |
Closed positions | 12 |
Increased positions | 19 |
Reduced positions | 27 |
13F shares | Current |
---|---|
Total value | 33.93 bn |
Total shares | 13.30 mm |
Total puts | 34.60 k |
Total calls | 58.20 k |
Total put/call ratio | 0.6 |
Largest owners | Shares | Value |
---|---|---|
Banta Asset Management | 2.51 mm | $6.48 bn |
Vanguard | 2.49 mm | $6.43 bn |
BLK Blackrock | 1.99 mm | $5.12 bn |
Private Management | 1.98 mm | $5.11 bn |
STT State Street | 674.40 k | $1.74 bn |
Geode Capital Management | 598.35 k | $1.54 bn |
Vontobel Holding | 332.24 k | $857.18 mm |
Jacobs Levy Equity Management | 290.71 k | $750.04 mm |
D. E. Shaw & Co. | 277.42 k | $715.75 mm |
BAC Bank Of America | 272.68 k | $703.52 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
8 Apr 24 | Zemetra Michael Leonard | Common Stock | Grant | Acquire A | No | No | 0 | 72,000 | 0.00 | 219,993 |
8 Apr 24 | Steelberg Ryan | Common Stock | Grant | Acquire A | No | No | 0 | 200,000 | 0.00 | 793,186 |
8 Apr 24 | Steelberg Ryan | Common Stock | Grant | Acquire A | No | No | 0 | 122,399 | 0.00 | 593,186 |
8 Apr 24 | Steelberg Ryan | Common Stock | Grant | Acquire A | No | No | 0 | 47,076 | 0.00 | 470,787 |
17 Nov 23 | Steelberg Ryan | Common Stock | Buy | Acquire P | Yes | No | 2.05 | 49,752 | 101.99 k | 215,174 |
8 Nov 23 | Michael Zilis | Common Stock | Grant | Acquire A | No | No | 0 | 42,475 | 0.00 | 42,475 |
News
12 Information Technology Stocks Moving In Friday's Pre-Market Session
12 Apr 24
12 Information Technology Stocks Moving In Wednesday's Intraday Session
10 Apr 24
12 Information Technology Stocks Moving In Tuesday's Pre-Market Session
9 Apr 24
10 Information Technology Stocks With Whale Alerts In Today's Session
4 Apr 24
12 Information Technology Stocks Moving In Thursday's Intraday Session
4 Apr 24
Press releases
Veritone Clinches 2024 NAB Product of the Year Award for a Fifth Time with Generative AI Solution
17 Apr 24
Veritone to Hold First Quarter 2024 Results Conference Call on May 7th
11 Apr 24
Veritone Enhances Advertising and Content Intelligence Suite to Support Future-Proofing of Client Broadcast Revenues
11 Apr 24
Veritone and Grabyo Partner to Create AI-Powered Live Clipping, Asset Management and Monetization Solution
4 Apr 24
Veritone to Showcase Innovative AI Solutions, Including New Ask Veri Tool, at the 2024 NAB Show
3 Apr 24