LivePerson, Inc. (NASDAQ:LPSN) Director Vanessa Pegueros Sells 30,000 Shares of Stock

LivePerson, Inc. (NASDAQ:LPSN) Director Vanessa Pegueros sold 30,000 shares of the business’s stock in a transaction that occurred on Friday, March 21st. The stock was 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 owns 139,993 shares of the company’s stock, valued at $125,993.70. This trade represents a 17.65 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

LivePerson Price Performance

Shares of LPSN opened at $0.92 on Wednesday. The stock has a market cap of $84.28 million, a P/E ratio of -0.60 and a beta of 1.51. LivePerson, Inc. has a 1 year low of $0.45 and a 1 year high of $2.08. The stock’s 50-day moving average price is $1.18 and its two-hundred day moving average price is $1.11. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 10.24.

LivePerson (NASDAQ:LPSN) last issued its quarterly earnings data on Wednesday, March 5th. The technology company reported ($1.27) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.04) by ($1.23). LivePerson had a negative net margin of 18.72% and a negative return on equity of 111.48%. The firm had revenue of $73.21 million for the quarter, compared to analyst estimates of $68.12 million. During the same quarter in the prior year, the firm posted ($0.06) EPS. On average, equities analysts predict that LivePerson, Inc. will post -0.41 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the stock. Two Sigma Advisers LP raised its holdings in LivePerson by 42.0% during the fourth quarter. Two Sigma Advisers LP now owns 906,027 shares of the technology company’s stock worth $1,377,000 after acquiring an additional 267,827 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. increased its stake in shares of LivePerson by 146.1% during the 4th quarter. Point72 Asia Singapore Pte. Ltd. now owns 73,794 shares of the technology company’s stock worth $112,000 after purchasing an additional 43,804 shares during the last quarter. Bridgeway Capital Management LLC bought a new stake in shares of LivePerson in the 4th quarter valued at about $152,000. Marshall Wace LLP acquired a new stake in LivePerson in the 4th quarter valued at about $57,000. Finally, Raymond James Financial Inc. acquired a new position in LivePerson during the fourth quarter worth approximately $66,000. Institutional investors own 79.83% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Needham & Company LLC reiterated a “hold” rating on shares of LivePerson in a report on Thursday, March 6th. StockNews.com cut shares of LivePerson from a “hold” rating to a “sell” rating in a research report on Thursday, March 13th. Two analysts have rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $0.88.

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.