Analysts Set LivePerson, Inc. (NASDAQ:LPSN) PT at $1.32

Shares of LivePerson, Inc. (NASDAQ:LPSN) have been given a consensus rating of “Reduce” by the eight brokerages that are currently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating and seven have issued a hold rating on the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $1.25.

A number of research analysts have recently issued reports on LPSN shares. Needham & Company LLC reaffirmed a “hold” rating on shares of LivePerson in a research note on Thursday, August 1st. Barclays raised their price target on LivePerson from $0.75 to $1.00 and gave the stock an “underweight” rating in a research report on Thursday, August 1st. Craig Hallum downgraded LivePerson from a “buy” rating to a “hold” rating and set a $1.00 price objective for the company. in a research report on Friday. Finally, StockNews.com lowered LivePerson from a “hold” rating to a “sell” rating in a research note on Friday.

Insider Activity at LivePerson

In related news, CFO John Deneen Collins sold 85,126 shares of LivePerson stock in a transaction on Monday, September 16th. The shares were sold at an average price of $1.05, for a total value of $89,382.30. Following the sale, the chief financial officer now owns 287,604 shares in the company, valued at $301,984.20. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In related news, CAO Jeffrey Ford sold 21,935 shares of LivePerson stock in a transaction that occurred on Monday, October 21st. The stock was sold at an average price of $1.14, for a total transaction of $25,005.90. Following the sale, the chief accounting officer now directly owns 378,707 shares in the company, valued at $431,725.98. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO John Deneen Collins sold 85,126 shares of the company’s stock in a transaction on Monday, September 16th. The stock was sold at an average price of $1.05, for a total value of $89,382.30. Following the completion of the sale, the chief financial officer now directly owns 287,604 shares in the company, valued at approximately $301,984.20. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 225,237 shares of company stock worth $246,745 over the last quarter. 9.00% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On LivePerson

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Point72 DIFC Ltd bought a new position in shares of LivePerson in the 2nd quarter worth about $32,000. Retirement Planning Co of New England Inc. lifted its position in LivePerson by 45.0% during the 1st quarter. Retirement Planning Co of New England Inc. now owns 66,443 shares of the technology company’s stock valued at $66,000 after acquiring an additional 20,627 shares during the period. Point72 Asia Singapore Pte. Ltd. purchased a new position in LivePerson during the 2nd quarter valued at about $57,000. Tidal Investments LLC purchased a new position in LivePerson during the 1st quarter valued at about $98,000. Finally, Susquehanna Fundamental Investments LLC purchased a new position in LivePerson during the 1st quarter valued at about $122,000. Hedge funds and other institutional investors own 79.83% of the company’s stock.

LivePerson Stock Performance

NASDAQ LPSN opened at $0.87 on Tuesday. LivePerson has a 52-week low of $0.45 and a 52-week high of $3.98. The company has a debt-to-equity ratio of 7.04, a quick ratio of 1.36 and a current ratio of 1.36. The company has a market capitalization of $78.42 million, a P/E ratio of -0.57 and a beta of 1.78. The company has a fifty day moving average of $1.14 and a 200-day moving average of $0.96.

About LivePerson

LivePerson, Inc engages in conversational artificial intelligence. It enables brands to leverage the Conversational Cloud's intelligence engine to connect with consumers through an integrated suite of mobile and online business messaging technologies. The company offers the Conversational Cloud, an enterprise-class digital customer conversation platform, which enables businesses and consumers to connect through conversational channels, such as voice, in-app, and mobile messaging.