LivePerson (NASDAQ:LPSN) Downgraded by Wall Street Zen to “Sell”

Wall Street Zen cut shares of LivePerson (NASDAQ:LPSNFree Report) from a hold rating to a sell rating in a research report released on Saturday morning.

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of LivePerson in a report on Wednesday, June 24th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Read Our Latest Stock Analysis on LivePerson

LivePerson Price Performance

NASDAQ:LPSN opened at $2.85 on Friday. The firm has a 50-day moving average of $1.97 and a 200-day moving average of $2.44. The company has a market cap of $35.17 million, a PE ratio of -0.21 and a beta of 1.34. LivePerson has a one year low of $1.40 and a one year high of $17.25.

LivePerson (NASDAQ:LPSNGet Free Report) last announced its quarterly earnings results on Friday, May 8th. The technology company reported ($0.73) earnings per share for the quarter. The company had revenue of $56.96 million for the quarter. On average, equities research analysts expect that LivePerson will post -4.63 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Quadrature Capital Ltd purchased a new position in shares of LivePerson in the 4th quarter worth about $253,000. Aequim Alternative Investments LP purchased a new stake in LivePerson during the fourth quarter worth about $469,000. Price T Rowe Associates Inc. MD bought a new stake in LivePerson in the fourth quarter worth about $65,000. Marshall Wace LLP bought a new stake in LivePerson in the fourth quarter worth about $788,000. Finally, TENOR CAPITAL MANAGEMENT Co. L.P. purchased a new position in LivePerson in the third quarter valued at about $1,849,000. Institutional investors own 79.83% of the company’s stock.

About LivePerson

(Get Free Report)

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.

Further Reading

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