LivePerson, Inc. (NASDAQ:LPSN) Receives $0.88 Consensus Target Price from Brokerages

LivePerson, Inc. (NASDAQ:LPSN - Get Free Report) has received an average rating of "Reduce" from the five analysts that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation and four have issued a hold recommendation on the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $0.88.

A number of research analysts have issued reports on the stock. StockNews.com lowered shares of LivePerson from a "hold" rating to a "sell" rating in a research report on Thursday, March 13th. Needham & Company LLC reissued a "hold" rating on shares of LivePerson in a research report on Thursday, March 6th.

Insider Buying and Selling at LivePerson

In other news, Director Vanessa Pegueros sold 30,000 shares of LivePerson stock in a transaction on Friday, March 21st. The stock was sold at an average price of $0.90, for a total value of $27,000.00. Following the transaction, the director now owns 139,993 shares in the company, valued at approximately $125,993.70. This trade represents a 17.65 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Anthony John Sabino sold 111,020 shares of the company's stock in a transaction on Tuesday, March 18th. The stock was sold at an average price of $0.98, for a total value of $108,799.60. Following the sale, the chief executive officer now owns 3,243,819 shares of the company's stock, valued at approximately $3,178,942.62. This represents a 3.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 307,233 shares of company stock valued at $285,391 in the last ninety days. 9.00% of the stock is currently owned by company insiders.

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Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. SBI Securities Co. Ltd. acquired a new stake in shares of LivePerson in the 4th quarter valued at approximately $25,000. Avantax Advisory Services Inc. lifted its stake in LivePerson by 89.9% in the 4th quarter. Avantax Advisory Services Inc. now owns 19,006 shares of the technology company's stock valued at $29,000 after purchasing an additional 9,000 shares during the last quarter. Wolverine Trading LLC boosted its position in LivePerson by 104.1% in the third quarter. Wolverine Trading LLC now owns 32,121 shares of the technology company's stock valued at $40,000 after buying an additional 16,385 shares in the last quarter. Marshall Wace LLP bought a new stake in shares of LivePerson during the fourth quarter worth $57,000. Finally, Raymond James Financial Inc. acquired a new position in shares of LivePerson during the fourth quarter worth $66,000. Institutional investors own 79.83% of the company's stock.

LivePerson Stock Performance

Shares of NASDAQ LPSN traded down $0.00 during trading hours on Friday, reaching $0.70. 597,261 shares of the stock were exchanged, compared to its average volume of 3,081,817. The firm has a market capitalization of $63.74 million, a price-to-earnings ratio of -0.46 and a beta of 1.67. The stock's fifty day simple moving average is $1.08 and its 200 day simple moving average is $1.09. 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 has a 52 week low of $0.45 and a 52 week high of $2.08.

LivePerson (NASDAQ:LPSN - Get Free Report) last posted its quarterly earnings data on Wednesday, March 5th. The technology company reported ($1.27) earnings per share for the quarter, missing the consensus estimate of ($0.04) by ($1.23). LivePerson had a negative return on equity of 111.48% and a negative net margin of 18.72%. The firm had revenue of $73.21 million for the quarter, compared to the consensus estimate of $68.12 million. During the same quarter in the previous year, the business earned ($0.06) EPS. Sell-side analysts predict that LivePerson will post -0.41 EPS for the current year.

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.