Key Points
- Verb Technology CFO Sarah Josephine Olsen sold 25,420 shares for about $72,955; the sale covered tax withholding obligations tied to vested equity awards. She retained 1,285,070 shares.
- Analyst sentiment is negative: the stock has an average Sell rating, with one analyst rating it Sell and Wall Street Zen recently upgrading it to Hold.
- TONX opened at $2.90, within its 52-week range of $1.75 to $4.44; its 50-day moving average was $3.26.
Verb Technology Company, Inc. (NASDAQ:TONX - Get Free Report) CFO Sarah Josephine Olsen sold 25,420 shares of the business's stock in a transaction dated Tuesday, November 3rd. The stock was sold at an average price of $2.87, for a total value of $72,955.40. Following the sale, the chief financial officer directly owned 1,285,070 shares of the company's stock, valued at $3,688,150.90. This represents a 1.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Verb Technology Stock Performance
Verb Technology stock opened at $2.90 on Thursday. Verb Technology Company, Inc. has a 1 year low of $1.75 and a 1 year high of $4.44. The company's 50-day simple moving average is $3.26.
Analyst Ratings Changes
TONX has been the subject of a number of recent research reports. Weiss Ratings reissued a "sell (d-)" rating on shares of Verb Technology in a research note on Friday, October 2nd. Wall Street Zen upgraded shares of Verb Technology from a "strong sell" rating to a "hold" rating in a report on Saturday, August 15th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the company presently has an average rating of "Sell".
Get Our Latest Analysis on TONX
About Verb Technology
(
Get Free Report)
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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