Key Points
- CEO Anthony John Sabino sold 7,844 shares of LivePerson on April 1 at an average price of $2.57 for $20,159, lowering his stake to 180,294 shares (a 4.17% decrease); the sale was executed under a pre-arranged Rule 10b5-1 trading plan and follows additional March sales of 8,033 and 12,594 shares.
- Stock and sentiment remain weak: LPSN trades near $2.59 (50-day MA $2.85, 200-day MA $4.76) with a market cap of about $31.2M and a negative P/E, while analysts hold a consensus "Reduce" rating and Weiss Ratings reaffirmed a "sell (e+)"; institutional investors own roughly 79.8% of the shares.
LivePerson, Inc. (NASDAQ:LPSN - Get Free Report) CEO Anthony John Sabino sold 7,844 shares of LivePerson stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $2.57, for a total transaction of $20,159.08. Following the sale, the chief executive officer owned 180,294 shares of the company's stock, valued at $463,355.58. The trade was a 4.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Anthony John Sabino also recently made the following trade(s):
- On Monday, March 23rd, Anthony John Sabino sold 8,033 shares of LivePerson stock. The shares were sold at an average price of $2.50, for a total value of $20,082.50.
- On Tuesday, March 17th, Anthony John Sabino sold 12,594 shares of LivePerson stock. The stock was sold at an average price of $2.72, for a total value of $34,255.68.
LivePerson Stock Performance
Shares of LPSN opened at $2.59 on Friday. The stock has a 50-day moving average of $2.85 and a two-hundred day moving average of $4.76. LivePerson, Inc. has a one year low of $2.37 and a one year high of $21.60. The stock has a market cap of $31.21 million, a P/E ratio of -0.20 and a beta of 1.46.
Hedge Funds Weigh In On LivePerson
A number of large investors have recently bought and sold shares of LPSN. Raymond James Financial Inc. boosted its position in LivePerson by 31.3% during the third quarter. Raymond James Financial Inc. now owns 56,656 shares of the technology company's stock worth $33,000 after purchasing an additional 13,502 shares in the last quarter. Price T Rowe Associates Inc. MD purchased a new stake in shares of LivePerson in the fourth quarter valued at approximately $65,000. XTX Topco Ltd purchased a new stake in shares of LivePerson in the second quarter valued at approximately $246,000. Quadrature Capital Ltd acquired a new position in shares of LivePerson during the 4th quarter worth approximately $253,000. Finally, Aequim Alternative Investments LP purchased a new position in shares of LivePerson during the 4th quarter valued at approximately $469,000. Institutional investors and hedge funds own 79.83% of the company's stock.
Analyst Ratings Changes
Separately, Weiss Ratings reaffirmed a "sell (e+)" rating on shares of LivePerson in a report on Friday, March 27th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Reduce".
Check Out Our Latest Report on LPSN
LivePerson Company Profile
(
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
