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

Verb Technology Company, Inc. (NASDAQ:TONX) CEO Kevin Mark Wilson purchased 3,700 shares of the business’s stock in a transaction dated Thursday, August 13th. The shares were purchased at an average cost of $2.75 per share, for a total transaction of $10,175.00. Following the purchase, the chief executive officer directly owned 1,149,220 shares of the company’s stock, valued at $3,160,355. This trade represents a 0.32% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

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

Verb Technology Trading Down 7.6%

TONX stock traded down $0.22 during midday trading on Friday, reaching $2.69. The stock had a trading volume of 595,999 shares, compared to its average volume of 434,172. The business’s fifty day moving average price is $3.12. The company has a market capitalization of $148.14 million, a price-to-earnings ratio of -0.95 and a beta of 0.68. Verb Technology Company, Inc. has a twelve month low of $1.75 and a twelve month high of $22.91.

Verb Technology (NASDAQ:TONX) last released its earnings results on Tuesday, May 12th. The company reported ($1.56) earnings per share (EPS) for the quarter. Verb Technology had a negative net margin of 532.78% and a negative return on equity of 58.69%. The business had revenue of $5.25 million for the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded shares of Verb Technology from a “sell (e+)” rating to a “sell (d-)” rating in a report on Monday, July 6th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company 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.