Brokerages Set LivePerson, Inc. (NASDAQ:LPSN) PT at $1.32

Shares of LivePerson, Inc. (NASDAQ:LPSN) have received an average rating of “Hold” from the eight brokerages that are covering the stock, MarketBeat reports. One analyst has rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $1.32.

LPSN has been the topic of a number of research analyst reports. StockNews.com upgraded LivePerson from a “sell” rating to a “hold” rating in a research note on Friday, September 6th. Barclays upped their price objective on shares of LivePerson from $0.75 to $1.00 and gave the company an “underweight” rating in a report on Thursday, August 1st. Craig Hallum raised their target price 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, Needham & Company LLC reaffirmed a “hold” rating on shares of LivePerson in a report on Thursday, August 1st.

Insider Activity

In related news, CFO John Deneen Collins sold 83,735 shares of the firm’s stock in a transaction dated Monday, August 12th. The shares were sold at an average price of $1.12, for a total transaction of $93,783.20. Following the transaction, the chief financial officer now directly owns 372,730 shares of the company’s stock, valued at approximately $417,457.60. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, CFO John Deneen Collins sold 83,735 shares of the stock in a transaction that occurred on Monday, August 12th. The stock was sold at an average price of $1.12, for a total transaction of $93,783.20. Following the sale, the chief financial officer now owns 372,730 shares of the company’s stock, valued at $417,457.60. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Monica L. Greenberg sold 34,441 shares of the firm’s stock in a transaction on Monday, August 12th. The stock was sold at an average price of $1.12, for a total value of $38,573.92. Following the transaction, the executive vice president now owns 181,607 shares in the company, valued at approximately $203,399.84. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 225,237 shares of company stock valued at $246,745. 2.00% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Susquehanna Fundamental Investments LLC bought a new position in LivePerson in the 1st quarter valued at about $122,000. BNP Paribas Financial Markets increased its stake in LivePerson by 264.0% in the first quarter. BNP Paribas Financial Markets now owns 226,087 shares of the technology company’s stock valued at $225,000 after acquiring an additional 163,978 shares during the last quarter. Vanguard Group Inc. increased its stake in LivePerson by 6.4% in the first quarter. Vanguard Group Inc. now owns 8,656,439 shares of the technology company’s stock valued at $8,634,000 after acquiring an additional 523,694 shares during the last quarter. Virtu Financial LLC acquired a new stake in shares of LivePerson in the 1st quarter valued at $143,000. Finally, Quadrature Capital Ltd increased its stake in shares of 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 purchasing an additional 193,335 shares during the last quarter. Institutional investors and hedge funds own 79.83% of the company’s stock.

LivePerson Trading Up 3.4 %

LivePerson stock opened at $1.21 on Tuesday. The stock has a 50-day simple moving average of $1.14 and a 200 day simple moving average of $0.96. The stock has a market capitalization of $109.21 million, a P/E ratio of -0.64 and a beta of 1.78. The company has a debt-to-equity ratio of 7.04, a quick ratio of 1.36 and a current ratio of 1.36. LivePerson has a 52 week low of $0.45 and a 52 week high of $3.98.

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.