LivePerson (NASDAQ:LPSN) Director Sells $10,089.09 in Stock

LivePerson, Inc. (NASDAQ:LPSN) Director James Miller sold 2,133 shares of the firm’s stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $4.73, for a total transaction of $10,089.09. Following the sale, the director owned 22,196 shares of the company’s stock, valued at $104,987.08. This trade represents a 8.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

LivePerson Trading Down 2.8%

LivePerson stock opened at $4.22 on Friday. LivePerson, Inc. has a 12 month low of $4.05 and a 12 month high of $31.20. The stock’s 50 day moving average is $5.43 and its 200-day moving average is $10.41. The company has a market capitalization of $50.05 million, a price-to-earnings ratio of -0.15 and a beta of 1.42.

Hedge Funds Weigh In On LivePerson

Hedge funds have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. raised its holdings in LivePerson by 31.3% in the 3rd 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. XTX Topco Ltd bought a new position in shares of LivePerson in the second quarter worth $246,000. Charles Schwab Investment Management Inc. increased its position in shares of LivePerson by 7.0% in the first quarter. Charles Schwab Investment Management Inc. now owns 398,261 shares of the technology company’s stock worth $318,000 after purchasing an additional 26,163 shares during the period. TENOR CAPITAL MANAGEMENT Co. L.P. acquired a new position in LivePerson in the third quarter valued at about $1,849,000. Finally, Calamos Advisors LLC bought a new stake in LivePerson during the third quarter worth about $1,978,000. Institutional investors own 79.83% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on LPSN. Weiss Ratings reiterated a “sell (e+)” rating on shares of LivePerson in a research report on Monday, December 15th. Wall Street Zen upgraded shares of LivePerson from a “sell” rating to a “hold” rating in a research note on Saturday, November 15th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Reduce”.

About LivePerson

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.