LivePerson, Inc. (NASDAQ:LPSN) EVP Sells $20,388.32 in Stock

by · The Cerbat Gem

LivePerson, Inc. (NASDAQ:LPSN – Get Free Report) EVP Monica L. Greenberg sold 12,904 shares of the firm’s stock in a transaction on Monday, January 6th. The stock was sold at an average price of $1.58, for a total value of $20,388.32. Following the transaction, the executive vice president now owns 568,703 shares of the company’s stock, valued at approximately $898,550.74. This represents a 2.22 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

LivePerson Stock Performance

Shares of LPSN opened at $1.35 on Friday. LivePerson, Inc. has a 1 year low of $0.45 and a 1 year high of $3.98. The stock has a market capitalization of $121.85 million, a PE ratio of -0.88 and a beta of 1.59. The company has a debt-to-equity ratio of 10.24, a quick ratio of 1.27 and a current ratio of 1.27. The stock has a 50-day simple moving average of $1.01 and a 200-day simple moving average of $1.07.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on LPSN. StockNews.com upgraded LivePerson from a “sell” rating to a “hold” rating in a report on Saturday, November 16th. Craig Hallum lowered shares of LivePerson from a “buy” rating to a “hold” rating and set a $1.00 price objective for the company. in a research note on Friday, November 8th. One investment analyst has rated the stock with a sell rating and eight have issued a hold rating to the stock. According to MarketBeat.com, LivePerson has an average rating of “Hold” and an average target price of $1.25.

Check Out Our Latest Research Report on LPSN

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Los Angeles Capital Management LLC increased its position in shares of LivePerson by 3.0% in the 2nd quarter. Los Angeles Capital Management LLC now owns 418,396 shares of the technology company’s stock valued at $243,000 after purchasing an additional 12,273 shares during the last quarter. Point72 DIFC Ltd acquired a new position in shares of LivePerson during the second quarter worth $32,000. Squarepoint Ops LLC increased its holdings in LivePerson by 25.8% in the second quarter. Squarepoint Ops LLC now owns 456,251 shares of the technology company’s stock valued at $265,000 after buying an additional 93,693 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new stake in LivePerson in the second quarter valued at $57,000. Finally, AQR Capital Management LLC purchased a new stake in LivePerson during the 2nd quarter worth about $159,000. Hedge funds and other institutional investors own 79.83% of the company’s stock.

About LivePerson

(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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