Verb Technology Company, Inc. (NASDAQ:TONX – Get Free Report) General Counsel Mary Marbach sold 28,015 shares of Verb Technology stock in a transaction on Tuesday, November 3rd. The stock was sold at an average price of $2.87, for a total transaction of $80,403.05. Following the sale, the general counsel directly owned 286,085 shares of the company’s stock, valued at $821,063.95. This represents a 8.92% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Verb Technology Stock Performance
Shares of NASDAQ TONX opened at $2.74 on Friday. The firm’s 50-day moving average price is $3.25. Verb Technology Company, Inc. has a 1-year low of $1.75 and a 1-year high of $4.44.
Wall Street Analyst Weigh In
TONX has been the subject of several analyst reports. Wall Street Zen raised shares of Verb Technology from a “strong sell” rating to a “hold” rating in a research note 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 research analyst has rated the stock with a Sell rating. According to data from MarketBeat, the stock currently has a consensus rating of “Sell”.
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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