Shares of LivePerson, Inc. (NASDAQ:LPSN - Get Free Report) have earned an average rating of "Hold" from the eight brokerages that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, six have given a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $1.32.
LPSN has been the topic of several recent research reports. Craig Hallum upped their price objective on LivePerson from $1.25 to $1.40 and gave the company a "buy" rating in a research report on Thursday, August 1st. StockNews.com upgraded LivePerson from a "sell" rating to a "hold" rating in a research report on Monday, August 5th. Needham & Company LLC restated a "hold" rating on shares of LivePerson in a research report on Thursday, August 1st. Barclays upped their target price on LivePerson from $0.75 to $1.00 and gave the company an "underweight" rating in a research note on Thursday, August 1st. Finally, Mizuho dropped their target price on LivePerson from $2.00 to $0.50 and set a "neutral" rating for the company in a research note on Monday, May 13th.
View Our Latest Report on LivePerson
Insiders Place Their Bets
In other news, EVP Alex Kroman sold 120,047 shares of the stock in a transaction dated Wednesday, June 12th. The stock was sold at an average price of $0.64, for a total value of $76,830.08. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, EVP Alex Kroman sold 120,047 shares of the stock in a transaction dated Wednesday, June 12th. The stock was sold at an average price of $0.64, for a total value of $76,830.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Monica L. Greenberg sold 34,441 shares of the stock in a transaction dated Monday, August 12th. The shares were sold at an average price of $1.12, for a total value of $38,573.92. Following the completion of the transaction, the executive vice president now directly owns 181,607 shares of the company's stock, valued at approximately $203,399.84. The disclosure for this sale can be found here. Insiders sold 246,696 shares of company stock worth $220,795 over the last three months. 9.00% of the stock is owned by insiders.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the business. Point72 DIFC Ltd bought a new position in LivePerson during the 2nd quarter worth approximately $32,000. Options Solutions LLC bought a new position in LivePerson during the 4th quarter worth approximately $38,000. Victory Capital Management Inc. bought a new position in LivePerson during the 4th quarter worth approximately $39,000. Tower Research Capital LLC TRC lifted its holdings in LivePerson by 54.6% during the 4th quarter. Tower Research Capital LLC TRC now owns 15,124 shares of the technology company's stock worth $57,000 after buying an additional 5,342 shares during the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. bought a new position in LivePerson during the 2nd quarter worth approximately $57,000. Hedge funds and other institutional investors own 79.83% of the company's stock.
LivePerson Price Performance
Shares of LivePerson stock traded down $0.11 during trading on Thursday, reaching $1.38. The company's stock had a trading volume of 4,114,250 shares, compared to its average volume of 3,285,829. The business has a 50 day moving average price of $0.98 and a 200-day moving average price of $1.07. The company has a quick ratio of 1.20, a current ratio of 1.36 and a debt-to-equity ratio of 7.04. The company has a market capitalization of $122.29 million, a P/E ratio of -0.98 and a beta of 1.73. LivePerson has a 12-month low of $0.45 and a 12-month high of $4.74.
LivePerson (NASDAQ:LPSN - Get Free Report) last posted its earnings results on Wednesday, July 31st. The technology company reported ($0.74) EPS for the quarter, missing analysts' consensus estimates of ($0.16) by ($0.58). The firm had revenue of $79.88 million for the quarter, compared to analysts' expectations of $77.62 million. LivePerson had a negative return on equity of 101.10% and a negative net margin of 24.23%. As a group, sell-side analysts anticipate that LivePerson will post -0.54 EPS for the current year.
LivePerson Company Profile
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Get Free ReportLivePerson, 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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