LivePerson, Inc. (NASDAQ:LPSN) Given Consensus Rating of “Reduce” by Analysts

LivePerson, Inc. (NASDAQ:LPSN) has earned an average recommendation of “Reduce” from the eight analysts that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation and seven have given a hold recommendation to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $1.25.

Several research firms have issued reports on LPSN. StockNews.com upgraded LivePerson from a “sell” rating to a “hold” rating in a report on Saturday, November 16th. Craig Hallum downgraded LivePerson from a “buy” rating to a “hold” rating and set a $1.00 price objective on the stock. in a report on Friday, November 8th.

Insider Buying and Selling at LivePerson

In related news, CFO John Deneen Collins sold 130,000 shares of the business’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $0.85, for a total value 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 approximately $847,963.40. The trade was a 11.53 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Bruce Edward Hansen sold 84,944 shares of the business’s stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $0.85, for a total value of $72,202.40. The disclosure for this sale can be found here. Insiders have sold a total of 227,848 shares of company stock valued at $203,091 in the last 90 days. 9.00% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On LivePerson

Several large investors have recently made changes to their positions in the company. Avantax Advisory Services Inc. grew its stake in shares of 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 buying an additional 9,000 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in LivePerson by 3.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 402,345 shares of the technology company’s stock valued at $515,000 after purchasing an additional 15,032 shares during the last quarter. SBI Securities Co. Ltd. acquired a new position in LivePerson during the fourth quarter valued at approximately $25,000. Wolverine Trading LLC grew its holdings in LivePerson by 104.1% during the third quarter. Wolverine Trading LLC now owns 32,121 shares of the technology company’s stock valued at $40,000 after purchasing an additional 16,385 shares during the last quarter. Finally, Mystic Asset Management Inc. grew its holdings in LivePerson by 57.5% during the fourth quarter. Mystic Asset Management Inc. now owns 50,920 shares of the technology company’s stock valued at $77,000 after purchasing an additional 18,600 shares during the last quarter. Institutional investors own 79.83% of the company’s stock.

LivePerson Price Performance

NASDAQ LPSN opened at $1.24 on Thursday. The stock’s 50-day moving average price is $1.25 and its two-hundred day moving average price is $1.16. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 10.24. The company has a market cap of $111.92 million, a PE ratio of -0.81 and a beta of 1.59. LivePerson has a 1 year low of $0.45 and a 1 year high of $2.73.

LivePerson Company Profile

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.