Sarah Josephine Olsen Buys 7,440 Shares of Verb Technology (NASDAQ:TONX) Stock

Key Points

  • Verb Technology CFO Sarah Josephine Olsen bought 7,440 shares of the company’s stock on May 14 at an average price of $3.62 per share, spending a total of $26,932.80.
  • After the transaction, Olsen directly owned 7,440 shares, marking a significant increase in her stake in TONX.
  • At the time of the report, Verb Technology shares were trading around $3.58, and Weiss Ratings had initiated coverage with a sell (e+) rating.

Verb Technology Company, Inc. (NASDAQ:TONX - Get Free Report) CFO Sarah Josephine Olsen purchased 7,440 shares of the business's stock in a transaction dated Thursday, May 14th. The shares were purchased at an average cost of $3.62 per share, for a total transaction of $26,932.80. Following the purchase, the chief financial officer directly owned 7,440 shares of the company's stock, valued at $26,932.80. This trade represents a ∞ 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.

Verb Technology Stock Performance

Shares of TONX opened at $3.58 on Friday. Verb Technology Company, Inc. has a 12-month low of $1.75 and a 12-month high of $29.77.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings initiated coverage on Verb Technology in a research note on Wednesday. They set a "sell (e+)" rating on the stock. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of "Sell".

View Our Latest Stock Analysis on TONX

Verb Technology Company Profile

(Get Free Report)

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.

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