LivePerson (NASDAQ:LPSN) CFO John Deneen Collins Sells 7,203 Shares

LivePerson, Inc. (NASDAQ:LPSN) CFO John Deneen Collins sold 7,203 shares of the business’s stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $2.18, for a total value of $15,702.54. Following the completion of the transaction, the chief financial officer owned 109,724 shares in the company, valued at $239,198.32. The trade was a 6.16% decrease in their position. The sale was disclosed in a legal 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 stock was sold at an average price of $2.72, for a total value of $2,532.32.

LivePerson Stock Down 6.9%

LPSN stock traded down $0.15 during midday trading on Tuesday, hitting $2.01. The company’s stock had a trading volume of 152,496 shares, compared to its average volume of 151,218. The stock has a market cap of $24.48 million, a price-to-earnings ratio of -0.15 and a beta of 1.38. The stock’s 50-day moving average price is $2.68 and its 200 day moving average price is $3.60. LivePerson, Inc. has a 1 year low of $2.00 and a 1 year high of $21.60.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of LivePerson in a research note on Friday, March 27th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has a consensus rating of “Sell”.

Institutional Investors Weigh In On LivePerson

A number of hedge funds have recently modified their holdings of the stock. Linden Advisors LP purchased a new position in shares of LivePerson in the third quarter worth about $6,489,000. TENOR CAPITAL MANAGEMENT Co. L.P. purchased a new position in shares of LivePerson in the third quarter worth about $1,849,000. Marshall Wace LLP purchased a new position in shares of LivePerson in the fourth quarter worth about $788,000. Aequim Alternative Investments LP purchased a new position in shares of LivePerson in the fourth quarter worth about $469,000. Finally, Vanguard Group Inc. increased its stake in shares of LivePerson by 2.7% in the third quarter. Vanguard Group Inc. now owns 3,830,467 shares of the technology company’s stock worth $2,233,000 after purchasing an additional 100,727 shares in the last quarter. Institutional investors own 79.83% of the company’s stock.

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.