Key Points
- LivePerson CFO John Deneen Collins sold 7,203 shares on May 18 at an average price of $2.18, bringing in about $15,703 and trimming his holdings by 6.16%.
- The stock was down 6.9%, opening at $2.01, near its 12-month low of $2.00 and well below its 50-day and 200-day moving averages.
- Analysts remain cautious on LivePerson, with Weiss Ratings reaffirming a sell rating and MarketBeat data showing an overall average rating of “Sell.”
LivePerson, Inc. (NASDAQ:LPSN - Get Free Report) CFO John Deneen Collins sold 7,203 shares of LivePerson stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $2.18, for a total value of $15,702.54. Following the completion of the transaction, the chief financial officer owned 109,724 shares in the company, valued at approximately $239,198.32. This represents a 6.16% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
John Deneen Collins also recently made the following trade(s):
- On Tuesday, March 17th, John Deneen Collins sold 931 shares of LivePerson stock. The stock was sold at an average price of $2.72, for a total value of $2,532.32.
LivePerson Trading Down 6.9%
LPSN stock opened at $2.01 on Wednesday. The firm has a 50-day moving average price of $2.66 and a 200-day moving average price of $3.57. LivePerson, Inc. has a 12 month low of $2.00 and a 12 month high of $21.60. The stock has a market capitalization of $24.47 million, a P/E ratio of -0.15 and a beta of 1.38.
Hedge Funds Weigh In On LivePerson
Several large investors have recently bought and sold shares of LPSN. Raymond James Financial Inc. boosted its stake in shares of LivePerson by 31.3% during the third quarter. Raymond James Financial Inc. now owns 56,656 shares of the technology company's stock valued at $33,000 after purchasing an additional 13,502 shares in the last quarter. Price T Rowe Associates Inc. MD acquired a new position in shares of LivePerson in the fourth quarter valued at approximately $65,000. R Squared Ltd acquired a new position in shares of LivePerson in the first quarter valued at approximately $42,000. Quadrature Capital Ltd bought a new position in LivePerson in the 4th quarter valued at approximately $253,000. Finally, Vanguard Group Inc. boosted its position in LivePerson by 2.7% during the 3rd quarter. Vanguard Group Inc. now owns 3,830,467 shares of the technology company's stock worth $2,233,000 after buying an additional 100,727 shares during the period. 79.83% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings restated a "sell (e+)" rating on shares of LivePerson in a research report on Friday, March 27th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, LivePerson currently has an average rating of "Sell".
Check Out Our Latest Analysis on LivePerson
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.
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