John Deneen Collins Sells 85,126 Shares of LivePerson, Inc. (NASDAQ:LPSN) Stock

LivePerson, Inc. (NASDAQ:LPSN) CFO John Deneen Collins sold 85,126 shares of the stock in a transaction on Monday, September 16th. The stock was sold at an average price of $1.05, for a total transaction of $89,382.30. Following the sale, the chief financial officer now directly owns 287,604 shares of the company’s stock, valued at approximately $301,984.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

John Deneen Collins also recently made the following trade(s):

• On Monday, August 12th, John Deneen Collins sold 83,735 shares of LivePerson stock. The stock was sold at an average price of $1.12, for a total transaction of $93,783.20.

LivePerson Stock Down 1.0 %

LPSN stock opened at $1.02 on Thursday. LivePerson, Inc. has a twelve month low of $0.45 and a twelve month high of $4.74. The company has a market cap of $90.39 million, a price-to-earnings ratio of -0.71 and a beta of 1.78. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 7.04. The business has a 50 day moving average price of $1.20 and a two-hundred day moving average price of $0.89.

LivePerson (NASDAQ:LPSN) last released its quarterly earnings data on Wednesday, July 31st. The technology company reported ($0.74) earnings per share for the quarter, missing the consensus estimate of ($0.16) by ($0.58). LivePerson had a negative return on equity of 101.10% and a negative net margin of 24.23%. The firm had revenue of $79.88 million for the quarter, compared to analyst estimates of $77.62 million. Analysts anticipate that LivePerson, Inc. will post -0.41 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on LPSN. Barclays boosted their price target on LivePerson from $0.75 to $1.00 and gave the company an “underweight” rating in a report on Thursday, August 1st. Needham & Company LLC restated a “hold” rating on shares of LivePerson in a research note on Thursday, August 1st. Craig Hallum raised their price target on shares of LivePerson from $1.25 to $1.40 and gave the stock a “buy” rating in a research note on Thursday, August 1st. Finally, StockNews.com upgraded shares of LivePerson from a “sell” rating to a “hold” rating in a report on Friday, September 6th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, LivePerson presently has an average rating of “Hold” and an average target price of $1.32.

Institutional Trading of LivePerson

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Point72 DIFC Ltd acquired a new stake in LivePerson during the 2nd quarter worth approximately $32,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in LivePerson in the second quarter valued at about $57,000. AQR Capital Management LLC bought a new stake in LivePerson during the second quarter worth about $159,000. Squarepoint Ops LLC grew its stake in LivePerson by 25.8% during the second quarter. Squarepoint Ops LLC now owns 456,251 shares of the technology company’s stock worth $265,000 after buying an additional 93,693 shares in the last quarter. Finally, Los Angeles Capital Management LLC increased its holdings in LivePerson by 3.0% in the 2nd quarter. Los Angeles Capital Management LLC now owns 418,396 shares of the technology company’s stock valued at $243,000 after buying an additional 12,273 shares during the period. Institutional investors own 79.83% of the company’s stock.

About LivePerson

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.