Short Interest in LivePerson, Inc. (NASDAQ:LPSN) Expands By 44.9%

LivePerson, Inc. (NASDAQ:LPSN) was the target of a significant growth in short interest in March. As of March 13th, there was short interest totaling 1,396,616 shares, a growth of 44.9% from the February 26th total of 963,969 shares. Based on an average trading volume of 176,223 shares, the days-to-cover ratio is presently 7.9 days. Currently, 11.8% of the company’s stock are short sold.

Insider Buying and Selling

In other news, CEO Anthony John Sabino sold 12,594 shares of the stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $2.72, for a total value of $34,255.68. Following the sale, the chief executive officer directly owned 196,171 shares of the company’s stock, valued at approximately $533,585.12. This represents a 6.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders sold 21,873 shares of company stock valued at $57,727 over the last 90 days. Insiders own 2.00% of the company’s stock.

Institutional Investors Weigh In On LivePerson

Several institutional investors and hedge funds have recently added to or reduced their stakes in LPSN. Raymond James Financial Inc. boosted its holdings in LivePerson by 31.3% in the third quarter. Raymond James Financial Inc. now owns 56,656 shares of the technology company’s stock worth $33,000 after purchasing an additional 13,502 shares during the last quarter. Price T Rowe Associates Inc. MD purchased a new stake in LivePerson during the 4th quarter valued at $65,000. XTX Topco Ltd bought a new position in shares of LivePerson during the 2nd quarter valued at $246,000. Quadrature Capital Ltd bought a new position in shares of LivePerson during the 4th quarter valued at $253,000. Finally, Aequim Alternative Investments LP purchased a new position in shares of LivePerson in the 4th quarter worth $469,000. Hedge funds and other institutional investors own 79.83% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of LivePerson in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Reduce”.

LivePerson Stock Down 3.0%

LPSN traded down $0.08 during midday trading on Friday, hitting $2.60. 285,412 shares of the company traded hands, compared to its average volume of 167,131. The company’s 50-day moving average is $2.90 and its 200 day moving average is $5.02. The firm has a market capitalization of $31.33 million, a PE ratio of -0.20 and a beta of 1.42. LivePerson has a 52 week low of $2.39 and a 52 week high of $21.60.

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.