LivePerson, Inc. (NASDAQ:LPSN - Get Free Report) Director Vanessa Pegueros sold 30,000 shares of the stock in a transaction dated Friday, March 21st. The shares were sold at an average price of $0.90, for a total transaction of $27,000.00. Following the completion of the transaction, the director now directly owns 139,993 shares in the company, valued at approximately $125,993.70. This represents a 17.65 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
LivePerson Stock Down 0.8 %
Shares of LPSN opened at $0.92 on Wednesday. The stock has a fifty day moving average of $1.18 and a 200-day moving average of $1.11. LivePerson, Inc. has a 52 week low of $0.45 and a 52 week high of $2.08. The stock has a market capitalization of $84.28 million, a price-to-earnings ratio of -0.60 and a beta of 1.51. The company has a debt-to-equity ratio of 10.24, a quick ratio of 1.27 and a current ratio of 1.27.
LivePerson (NASDAQ:LPSN - Get Free Report) last released its quarterly earnings results on Wednesday, March 5th. The technology company reported ($1.27) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($1.23). The firm had revenue of $73.21 million for the quarter, compared to the consensus estimate of $68.12 million. LivePerson had a negative return on equity of 111.48% and a negative net margin of 18.72%. During the same quarter in the previous year, the business posted ($0.06) EPS. As a group, sell-side analysts anticipate that LivePerson, Inc. will post -0.41 earnings per share for the current fiscal year.
Analyst Ratings Changes
Several analysts recently weighed in on LPSN shares. StockNews.com cut LivePerson from a "hold" rating to a "sell" rating in a report on Thursday, March 13th. Needham & Company LLC reiterated a "hold" rating on shares of LivePerson in a research report on Thursday, March 6th. Two equities research analysts have rated the stock with a sell rating and four have given a hold rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $0.88.
Get Our Latest Analysis on LPSN
Institutional Trading of LivePerson
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in LPSN. Two Sigma Advisers LP boosted its stake in shares of LivePerson by 42.0% in the 4th quarter. Two Sigma Advisers LP now owns 906,027 shares of the technology company's stock worth $1,377,000 after buying an additional 267,827 shares during the last quarter. XTX Topco Ltd boosted its position in LivePerson by 1,162.0% during the third quarter. XTX Topco Ltd now owns 210,770 shares of the technology company's stock worth $270,000 after purchasing an additional 194,069 shares during the period. Bridgeway Capital Management LLC purchased a new position in LivePerson in the 4th quarter valued at approximately $152,000. Dodds Wealth LLC bought a new position in LivePerson in the 4th quarter worth about $96,000. Finally, Assenagon Asset Management S.A. purchased a new position in LivePerson during the fourth quarter valued at approximately $68,000. 79.83% of the stock is owned by institutional investors.
LivePerson Company Profile
(
Get Free Report)
LivePerson, Inc engages in conversational artificial intelligence. It enables brands to leverage the Conversational Cloud's intelligence engine to connect with consumers through an integrated suite of mobile and online business messaging technologies. The company offers the Conversational Cloud, an enterprise-class digital customer conversation platform, which enables businesses and consumers to connect through conversational channels, such as voice, in-app, and mobile messaging.
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