Key Points
- CEO Anthony John Sabino sold 12,594 shares of LivePerson on March 17 at an average price of $2.72 for proceeds of $34,255.68, reducing his stake by 6.03% to 196,171 shares; the sale was disclosed in an SEC filing.
- LivePerson shares are weak and analyst sentiment is negative, with the stock down about 3.2% (opened $2.68), trading near its 52‑week low ($2.56) and a market cap of ~$31.8M; Weiss Ratings reissued a "sell (e+)" and the consensus rating on MarketBeat is "Reduce," while institutional investors own roughly 79.8% of the stock.
LivePerson, Inc. (NASDAQ:LPSN - Get Free Report) CEO Anthony John Sabino sold 12,594 shares of the company's stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $2.72, for a total transaction of $34,255.68. Following the transaction, the chief executive officer owned 196,171 shares of the company's stock, valued at approximately $533,585.12. The trade was a 6.03% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.
LivePerson Stock Down 3.2%
Shares of NASDAQ:LPSN opened at $2.68 on Wednesday. LivePerson, Inc. has a fifty-two week low of $2.56 and a fifty-two week high of $21.60. The firm's 50-day simple moving average is $3.08 and its 200-day simple moving average is $5.59. The company has a market cap of $31.78 million, a price-to-earnings ratio of -0.21 and a beta of 1.42.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reissued a "sell (e+)" rating on shares of LivePerson in a report on Monday, December 29th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, LivePerson currently has a consensus rating of "Reduce".
Check Out Our Latest Analysis on LPSN
Institutional Trading of LivePerson
Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Linden Advisors LP acquired a new position in LivePerson during the third quarter worth about $6,489,000. Calamos Advisors LLC purchased a new stake in shares of LivePerson during the 3rd quarter worth approximately $1,978,000. TENOR CAPITAL MANAGEMENT Co. L.P. acquired a new stake in shares of LivePerson in the 3rd quarter worth approximately $1,849,000. XTX Topco Ltd purchased a new position in LivePerson in the 2nd quarter valued at approximately $246,000. Finally, Marshall Wace LLP acquired a new position in LivePerson during the fourth quarter worth $788,000. Institutional investors and hedge funds own 79.83% of the company's stock.
About LivePerson
(
Get Free Report)
LivePerson, Inc is a technology company that develops conversational commerce and customer engagement software powered by artificial intelligence. Its platform enables businesses to connect with consumers through real-time messaging channels, transforming customer support and sales operations into interactive experiences. The company's solutions are designed to reduce friction, boost consumer satisfaction and drive higher conversion rates by merging automated and human-assisted interactions.
The company's flagship offering, the LiveEngage platform, provides enterprise-grade tools for managing live chat, chatbots and AI-driven virtual assistants across multiple channels.
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