LivePerson, Inc. (NASDAQ:LPSN) EVP Monica L. Greenberg Sells 12,904 Shares

LivePerson, Inc. (NASDAQ:LPSN) EVP Monica L. Greenberg sold 12,904 shares of the company’s stock in a transaction on Monday, January 6th. The shares were sold at an average price of $1.58, for a total value of $20,388.32. Following the completion of the transaction, the executive vice president now directly owns 568,703 shares in the company, valued at approximately $898,550.74. This represents a 2.22 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

LivePerson Trading Down 1.9 %

Shares of LPSN traded down $0.03 during mid-day trading on Tuesday, reaching $1.57. The company’s stock had a trading volume of 5,554,298 shares, compared to its average volume of 11,320,853. The stock has a market cap of $141.71 million, a PE ratio of -1.03 and a beta of 1.59. LivePerson, Inc. has a 52 week low of $0.45 and a 52 week high of $3.98. The company’s fifty day moving average price is $1.00 and its two-hundred day moving average price is $1.06. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 10.24.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. XTX Topco Ltd grew its stake in LivePerson by 1,162.0% during the third quarter. XTX Topco Ltd now owns 210,770 shares of the technology company’s stock valued at $270,000 after acquiring an additional 194,069 shares in the last quarter. Wolverine Trading LLC increased its holdings in LivePerson by 104.1% in the 3rd quarter. Wolverine Trading LLC now owns 32,121 shares of the technology company’s stock worth $40,000 after buying an additional 16,385 shares during the period. Charles Schwab Investment Management Inc. raised its position in shares of LivePerson by 3.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 402,345 shares of the technology company’s stock worth $515,000 after acquiring an additional 15,032 shares during the period. GSA Capital Partners LLP purchased a new stake in shares of LivePerson during the third quarter worth about $513,000. Finally, Point72 DIFC Ltd purchased a new position in LivePerson in the 2nd quarter valued at about $32,000. 79.83% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

LPSN has been the subject of several research analyst reports. Craig Hallum downgraded shares of LivePerson from a “buy” rating to a “hold” rating and set a $1.00 price objective for the company. in a research report on Friday, November 8th. StockNews.com upgraded shares of LivePerson from a “sell” rating to a “hold” rating in a research report on Saturday, November 16th. One equities research analyst has rated the stock with a sell rating and eight have given a hold rating to the stock. Based on data from MarketBeat, LivePerson has an average rating of “Hold” and an average price target of $1.25.

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.