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

LivePerson, Inc. (NASDAQ:LPSN) EVP Monica L. Greenberg sold 12,904 shares of the business’s stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $1.58, for a total transaction of $20,388.32. Following the transaction, the executive vice president now directly owns 568,703 shares of the company’s stock, valued at $898,550.74. The trade was a 2.22 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

LivePerson Trading Down 1.9 %

NASDAQ:LPSN opened at $1.57 on Wednesday. LivePerson, Inc. has a one year low of $0.45 and a one year high of $3.98. The business has a fifty day moving average price of $1.00 and a 200-day moving average price of $1.06. The firm has a market capitalization of $141.71 million, a price-to-earnings ratio of -1.03 and a beta of 1.59. The company has a debt-to-equity ratio of 10.24, a current ratio of 1.27 and a quick ratio of 1.27.

Institutional Trading of LivePerson

Hedge funds and other institutional investors have recently bought and sold shares of the stock. GSA Capital Partners LLP bought a new position in shares of LivePerson during the 3rd quarter valued at approximately $513,000. AQR Capital Management LLC purchased a new position in LivePerson during the second quarter valued at approximately $159,000. XTX Topco Ltd boosted its position in shares of LivePerson by 1,162.0% in 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. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of LivePerson in the second quarter worth $57,000. Finally, Squarepoint Ops LLC raised its position in shares of LivePerson by 25.8% during the 2nd quarter. Squarepoint Ops LLC now owns 456,251 shares of the technology company’s stock valued at $265,000 after purchasing an additional 93,693 shares during the period. Hedge funds and other institutional investors own 79.83% of the company’s stock.

Analyst Ratings Changes

LPSN has been the subject of a number of research reports. Craig Hallum lowered shares of LivePerson from a “buy” rating to a “hold” rating and set a $1.00 target price for the company. in a research note on Friday, November 8th. StockNews.com raised LivePerson from a “sell” rating to a “hold” rating in a report on Saturday, November 16th. One equities research analyst has rated the stock with a sell rating and eight have issued a hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $1.25.

About LivePerson

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.