Dodds Wealth LLC Makes New $96,000 Investment in LivePerson, Inc. (NASDAQ:LPSN)

Dodds Wealth LLC bought a new stake in LivePerson, Inc. (NASDAQ:LPSN) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 67,402 shares of the technology company’s stock, valued at approximately $96,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Wolverine Trading LLC grew 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 acquiring an additional 16,385 shares in the last quarter. Assenagon Asset Management S.A. acquired a new stake in LivePerson during the 4th quarter valued at $68,000. AQR Capital Management LLC purchased a new stake in LivePerson during the 2nd quarter worth $159,000. Squarepoint Ops LLC lifted its holdings in LivePerson by 25.8% in the 2nd quarter. Squarepoint Ops LLC now owns 456,251 shares of the technology company’s stock worth $265,000 after buying an additional 93,693 shares in the last quarter. Finally, XTX Topco Ltd boosted its position in LivePerson by 1,162.0% in the 3rd quarter. XTX Topco Ltd now owns 210,770 shares of the technology company’s stock valued at $270,000 after buying an additional 194,069 shares during the last quarter. Institutional investors and hedge funds own 79.83% of the company’s stock.

Insiders Place Their Bets

In related news, CFO John Deneen Collins sold 130,000 shares of the business’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $0.85, for a total transaction of $110,500.00. Following the completion of the sale, the chief financial officer now owns 997,604 shares of the company’s stock, valued at $847,963.40. This represents a 11.53 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Bruce Edward Hansen sold 84,944 shares of the firm’s stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $0.85, for a total transaction of $72,202.40. The disclosure for this sale can be found here. Over the last three months, insiders have sold 227,848 shares of company stock valued at $203,091. Company insiders own 2.00% of the company’s stock.

LivePerson Trading Up 1.4 %

NASDAQ:LPSN opened at $1.41 on Friday. The company has a market cap of $127.27 million, a PE ratio of -0.92 and a beta of 1.59. The business’s 50 day moving average is $1.17 and its two-hundred day moving average is $1.16. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 10.24. LivePerson, Inc. has a 52 week low of $0.45 and a 52 week high of $2.84.

LivePerson (NASDAQ:LPSN) last announced its quarterly earnings data on Thursday, November 7th. The technology company reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.08). The firm had revenue of $74.24 million for the quarter, compared to the consensus estimate of $71.56 million. LivePerson had a negative return on equity of 111.48% and a negative net margin of 18.72%. During the same quarter last year, the business earned ($0.08) earnings per share. On average, analysts predict that LivePerson, Inc. will post -0.41 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. Craig Hallum cut LivePerson from a “buy” rating to a “hold” rating and set a $1.00 price target on the stock. in a research note on Friday, November 8th. StockNews.com raised LivePerson from a “sell” rating to a “hold” rating in a research report on Saturday, November 16th. One equities research analyst has rated the stock with a sell rating and eight have assigned a hold rating to the company. According to MarketBeat, LivePerson presently has an average rating of “Hold” and an average price target 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.