Verb Technology (NASDAQ:TONX) CEO Kevin Mark Wilson Buys 3,700 Shares

Verb Technology Company, Inc. (NASDAQ:TONX) CEO Kevin Mark Wilson bought 3,700 shares of Verb Technology stock in a transaction that occurred on Thursday, August 13th. The shares were acquired at an average price of $2.75 per share, with a total value of $10,175.00. Following the completion of the transaction, the chief executive officer owned 1,149,220 shares of the company’s stock, valued at $3,160,355. This represents a 0.32% increase in their ownership of the stock. The purchase was disclosed in a legal 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 bought 3,600 shares of Verb Technology stock. The stock was acquired at an average price of $2.67 per share, for a total transaction of $9,612.00.

Verb Technology Trading Down 7.6%

NASDAQ:TONX opened at $2.69 on Friday. The firm has a 50-day simple moving average of $3.11. Verb Technology Company, Inc. has a twelve month low of $1.75 and a twelve month high of $22.91. The stock has a market cap of $148.14 million, a PE ratio of -0.95 and a beta of 0.68.

Verb Technology (NASDAQ:TONX) last issued its quarterly 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 497.15% and a negative return on equity of 60.82%. The business had revenue of $5.25 million for the quarter.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on TONX. Weiss Ratings upgraded shares of Verb Technology from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Monday, July 6th. Wall Street Zen raised shares of Verb Technology from a “strong sell” rating to a “hold” rating in a report on Saturday. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, Verb Technology currently has a consensus rating of “Sell”.

About Verb Technology

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.