Verb Technology (NASDAQ:TONX) Stock: Insider Mary Marbach Sells 28,015 Shares

Verb Technology Company, Inc. (NASDAQ:TONX) General Counsel Mary Marbach sold 28,015 shares of the firm’s stock in a transaction that occurred on Tuesday, November 3rd. The shares were sold at an average price of $2.87, for a total transaction of $80,403.05. Following the completion of the sale, the general counsel owned 286,085 shares in the company, valued at $821,063.95. The trade was a 8.92% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Verb Technology Trading Down 1.0%

TONX opened at $2.87 on Friday. The company’s 50 day simple moving average is $3.26. Verb Technology Company, Inc. has a twelve month low of $1.75 and a twelve month high of $4.44.

Wall Street Analyst Weigh In

Several analysts recently commented on TONX shares. Weiss Ratings restated a “sell (d-)” rating on shares of Verb Technology in a research report on Friday, October 2nd. Wall Street Zen raised Verb Technology from a “strong sell” rating to a “hold” rating in a research note on Saturday, August 15th. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the stock presently has an average rating of “Sell”.

Verb Technology Company Profile

Verb Technology Company, Inc developed interactive, video-based sales and marketing software designed to help businesses engage customers and manage digital commerce activities. Its technology included sales-enablement and customer relationship management tools, as well as video presentation and livestreaming capabilities.

The company’s best-known platform was MARKET.live, a livestream social-shopping marketplace that connected brands, retailers, creators and consumers. The platform was designed to support product demonstrations, interactive broadcasts and purchases across digital and social-commerce channels.