Verb Technology Company, Inc. (NASDAQ:TONX – Get Free Report) CFO Sarah Josephine Olsen sold 25,420 shares of the company’s stock in a transaction dated Tuesday, November 3rd. The shares were sold at an average price of $2.87, for a total value of $72,955.40. Following the completion of the sale, the chief financial officer owned 1,285,070 shares in the company, valued at $3,688,150.90. This trade represents a 1.94% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Verb Technology Stock Up 1.4%
Verb Technology stock traded up $0.04 during mid-day trading on Wednesday, hitting $2.90. 165,246 shares of the stock were exchanged, compared to its average volume of 399,264. The firm has a market capitalization of $159.70 million, a PE ratio of -2.79 and a beta of 0.67. Verb Technology Company, Inc. has a 12 month low of $1.75 and a 12 month high of $4.44. The firm’s fifty day moving average price is $3.26.
Analyst Ratings Changes
TONX has been the topic of several recent analyst reports. Wall Street Zen upgraded shares of Verb Technology from a “strong sell” rating to a “hold” rating in a report on Saturday, August 15th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Verb Technology in a research report on Friday, October 2nd. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat, the company presently has a consensus rating of “Sell”.
View Our Latest Report on TONX
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.
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