LivePerson, Inc. (NASDAQ:LPSN) Receives Average Recommendation of “Reduce” from Analysts

LivePerson, Inc. (NASDAQ:LPSN) has earned an average rating of “Reduce” from the eight brokerages that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation and seven have issued a hold recommendation on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $1.25.

LPSN has been the topic of several analyst reports. Needham & Company LLC restated a “hold” rating on shares of LivePerson in a report on Thursday, August 1st. StockNews.com cut shares of LivePerson from a “hold” rating to a “sell” rating in a research report on Friday. Barclays increased their target price on LivePerson from $0.75 to $1.00 and gave the stock an “underweight” rating in a report on Thursday, August 1st. Finally, Craig Hallum lowered LivePerson from a “buy” rating to a “hold” rating and set a $1.00 price target on the stock. in a report on Friday.

LivePerson Stock Performance

Shares of LivePerson stock opened at $0.89 on Tuesday. LivePerson has a 52 week low of $0.45 and a 52 week high of $3.98. The company has a debt-to-equity ratio of 7.04, a quick ratio of 1.36 and a current ratio of 1.36. The stock has a market capitalization of $80.31 million, a price-to-earnings ratio of -0.59 and a beta of 1.78. The firm has a fifty day moving average of $1.14 and a two-hundred day moving average of $0.97.

Insider Activity at LivePerson

In related news, CAO Jeffrey Ford sold 21,935 shares of the stock in a transaction that occurred on Monday, October 21st. The stock was sold at an average price of $1.14, for a total transaction of $25,005.90. Following the completion of the transaction, the chief accounting officer now directly owns 378,707 shares of the company’s stock, valued at approximately $431,725.98. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In related news, CFO John Deneen Collins sold 85,126 shares of the firm’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $1.05, for a total value of $89,382.30. Following the completion of the sale, the chief financial officer now directly owns 287,604 shares in the company, valued at approximately $301,984.20. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CAO Jeffrey Ford sold 21,935 shares of the business’s stock in a transaction that occurred on Monday, October 21st. The stock was sold at an average price of $1.14, for a total value of $25,005.90. Following the transaction, the chief accounting officer now directly owns 378,707 shares in the company, valued at approximately $431,725.98. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 9.00% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Archon Capital Management LLC acquired a new stake in LivePerson during the 1st quarter valued at $5,313,000. Vanguard Group Inc. lifted its stake in shares of LivePerson by 6.4% during the 1st quarter. Vanguard Group Inc. now owns 8,656,439 shares of the technology company’s stock worth $8,634,000 after buying an additional 523,694 shares during the last quarter. GSA Capital Partners LLP bought a new stake in shares of LivePerson during the 3rd quarter worth about $513,000. AQR Capital Management LLC acquired a new position in LivePerson in the 2nd quarter valued at about $159,000. Finally, Quadrature Capital Ltd raised its holdings in LivePerson by 1,633.2% in the 1st quarter. Quadrature Capital Ltd now owns 205,173 shares of the technology company’s stock valued at $203,000 after acquiring an additional 193,335 shares during the period. 79.83% of the stock is currently owned by institutional investors.

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.