LivePerson (NASDAQ:LPSN) CFO Sells $15,702.54 in Stock

LivePerson, Inc. (NASDAQ:LPSN) CFO John Deneen Collins sold 7,203 shares of LivePerson stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $2.18, for a total transaction of $15,702.54. Following the completion of the transaction, the chief financial officer owned 109,724 shares of the company’s stock, valued at $239,198.32. The trade was a 6.16% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

• On Tuesday, March 17th, John Deneen Collins sold 931 shares of LivePerson stock. The shares were sold at an average price of $2.72, for a total transaction of $2,532.32.

LivePerson Trading Down 6.9%

Shares of LPSN stock traded down $0.15 during trading hours on Tuesday, reaching $2.01. The stock had a trading volume of 152,496 shares, compared to its average volume of 151,218. The stock’s fifty day simple moving average is $2.68 and its 200 day simple moving average is $3.60. The firm has a market capitalization of $24.48 million, a PE ratio of -0.15 and a beta of 1.38. LivePerson, Inc. has a 12 month low of $2.00 and a 12 month high of $21.60.

Institutional Investors Weigh In On LivePerson

A number of hedge funds have recently made changes to their positions in the business. Raymond James Financial Inc. raised its holdings 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 acquiring an additional 13,502 shares in the last quarter. R Squared Ltd bought a new stake in LivePerson in the first quarter valued at $42,000. Price T Rowe Associates Inc. MD purchased a new position in LivePerson during the 4th quarter valued at $65,000. Quadrature Capital Ltd bought a new position in LivePerson in the 4th quarter worth $253,000. Finally, Aequim Alternative Investments LP bought a new position in LivePerson in the 4th quarter worth $469,000. 79.83% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated 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, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

LivePerson Company Profile

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.