Verb Technology (NASDAQ:TONX) CFO Purchases $26,932.80 in Stock

Verb Technology Company, Inc. (NASDAQ:TONX) CFO Sarah Josephine Olsen purchased 7,440 shares of Verb Technology stock in a transaction dated Thursday, May 14th. The shares were acquired at an average cost of $3.62 per share, for a total transaction of $26,932.80. Following the transaction, the chief financial officer directly owned 7,440 shares of the company’s stock, valued at approximately $26,932.80. This represents a ∞ increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Verb Technology Stock Performance

Shares of TONX opened at $3.67 on Friday. The stock has a market cap of $207.47 million, a PE ratio of -0.69 and a beta of 0.41. Verb Technology Company, Inc. has a 1 year low of $1.75 and a 1 year high of $29.77.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings began coverage on shares of Verb Technology in a report on Wednesday. They issued a “sell (e+)” rating on the stock. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has an average rating of “Sell”.

Verb Technology Company Profile

Verb Technology Company, Inc is a software-as-a-service company focused on interactive video-based sales and marketing solutions. The company’s technology is designed to help businesses engage customers, promote products, and drive online commerce through live and recorded video experiences.

Verb’s platform has included tools for customer engagement, event hosting, and digital commerce, with a particular emphasis on enabling sales teams and content creators to communicate directly with audiences in an interactive format.