Insider Buying: Verb Technology (NASDAQ:TONX) CEO Buys $10,175.00 in Stock

Verb Technology Company, Inc. (NASDAQ:TONX) CEO Kevin Mark Wilson purchased 3,700 shares of the company’s stock in a transaction that occurred on Thursday, August 13th. The stock was acquired at an average cost of $2.75 per share, with a total value 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 purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

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

Verb Technology Stock Performance

Shares of Verb Technology stock opened at $2.69 on Monday. Verb Technology Company, Inc. has a 12-month low of $1.75 and a 12-month high of $22.91. The stock has a market cap of $148.14 million, a P/E ratio of -0.95 and a beta of 0.68. The firm’s fifty day moving average is $3.11.

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

Analyst Upgrades and Downgrades

TONX has been the subject of several research analyst reports. Wall Street Zen upgraded shares of Verb Technology from a “strong sell” rating to a “hold” rating in a report on Saturday. Weiss Ratings upgraded 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 MarketBeat, Verb Technology currently has a consensus 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.