Key Points
- CEO Kevin Mark Wilson bought Verb Technology shares twice, acquiring 3,700 shares at $2.75 each on August 13 and another 3,600 shares at $2.67 each on August 14. His direct holdings rose to 1,149,220 shares.
- Verb Technology shares opened at $2.69 after falling 7.6%, with the stock trading well below its 52-week high of $22.91. The company has a $148.14 million market capitalization and reported a quarterly loss of $1.56 per share on $5.25 million in revenue.
- Analyst sentiment remains negative: MarketBeat reports an average rating of “Sell”, despite one research firm upgrading the stock from “strong sell” to “hold.”
Verb Technology Company, Inc. (NASDAQ:TONX - Get Free Report) CEO Kevin Mark Wilson purchased 3,700 shares of the firm's stock in a transaction on Thursday, August 13th. The shares were acquired at an average cost of $2.75 per share, for a total transaction of $10,175.00. Following the completion of the purchase, the chief executive officer directly owned 1,149,220 shares of the company's stock, valued at approximately $3,160,355. This represents a 0.32% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
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 stock was acquired at an average price of $2.67 per share, with a total value of $9,612.00.
Verb Technology Stock Down 7.6%
Shares of Verb Technology stock opened at $2.69 on Friday. Verb Technology Company, Inc. has a 52-week low of $1.75 and a 52-week high of $22.91. The firm has a fifty day simple moving average of $3.11. 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 - Get Free Report) last issued its earnings results on Tuesday, May 12th. The company reported ($1.56) EPS for the quarter. The business 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%.
Wall Street Analysts Forecast Growth
A number of research analysts have recently issued reports on the company. Wall Street Zen raised Verb Technology from a "strong sell" rating to a "hold" rating in a research note on Saturday. Weiss Ratings raised Verb Technology from a "sell (e+)" rating to a "sell (d-)" rating in a research note on Monday, July 6th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of "Sell".
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About Verb Technology
(
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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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