Kevin Mark Wilson Acquires 3,700 Shares of Verb Technology (NASDAQ:TONX) Stock

Verb Technology Company, Inc. (NASDAQ:TONX) CEO Kevin Mark Wilson bought 3,700 shares of the firm’s stock in a transaction that occurred on Thursday, August 13th. The stock was bought at an average cost of $2.75 per share, for a total transaction of $10,175.00. Following the completion of the transaction, the chief executive officer directly owned 1,149,220 shares of the company’s stock, valued at approximately $3,160,355. The trade was a 0.32% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Kevin Mark Wilson also recently made the following trade(s):

• On Friday, August 14th, Kevin Mark Wilson bought 3,600 shares of Verb Technology stock. The stock was bought at an average price of $2.67 per share, with a total value of $9,612.00.

Verb Technology Stock Down 7.6%

Shares of TONX stock opened at $2.69 on Friday. Verb Technology Company, Inc. has a one year low of $1.75 and a one year high of $22.91. The stock’s 50 day moving average is $3.11. The firm has a market capitalization of $148.14 million, a price-to-earnings ratio of -0.95 and a beta of 0.68.

Verb Technology (NASDAQ:TONX) last posted its quarterly earnings results on Tuesday, May 12th. The company reported ($1.56) earnings per share for the quarter. The company had revenue of $5.25 million for the quarter. Verb Technology had a negative return on equity of 60.82% and a negative net margin of 497.15%.

Analyst Ratings Changes

A number of research analysts recently weighed in on TONX shares. Wall Street Zen upgraded Verb Technology from a “strong sell” rating to a “hold” rating in a report on Saturday. Weiss Ratings raised Verb Technology from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Monday, July 6th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, Verb Technology presently 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.