XTX Topco Ltd Boosts Holdings in LivePerson, Inc. (NASDAQ:LPSN)

XTX Topco Ltd increased its stake in LivePerson, Inc. (NASDAQ:LPSN) by 1,162.0% in the third quarter, Holdings Channel.com reports. The institutional investor owned 210,770 shares of the technology company’s stock after acquiring an additional 194,069 shares during the period. XTX Topco Ltd’s holdings in LivePerson were worth $270,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Los Angeles Capital Management LLC raised its position in shares of LivePerson by 3.0% in the 2nd quarter. Los Angeles Capital Management LLC now owns 418,396 shares of the technology company’s stock worth $243,000 after acquiring an additional 12,273 shares in the last quarter. Point72 DIFC Ltd purchased a new stake in LivePerson in the second quarter worth $32,000. Squarepoint Ops LLC raised its holdings in LivePerson by 25.8% in the second quarter. Squarepoint Ops LLC now owns 456,251 shares of the technology company’s stock worth $265,000 after purchasing an additional 93,693 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new position in LivePerson during the second quarter valued at $57,000. Finally, AQR Capital Management LLC bought a new stake in shares of LivePerson during the 2nd quarter valued at $159,000. 79.83% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. StockNews.com raised shares of LivePerson from a “sell” rating to a “hold” rating in a research report on Saturday, November 16th. Craig Hallum lowered shares of LivePerson from a “buy” rating to a “hold” rating and set a $1.00 target price for the company. in a report on Friday, November 8th. One research analyst has rated the stock with a sell rating and eight have given a hold rating to the company’s stock. Based on data from MarketBeat, LivePerson presently has a consensus rating of “Hold” and an average price target of $1.25.

LivePerson Trading Down 0.9 %

Shares of NASDAQ LPSN opened at $0.81 on Thursday. The company has a market cap of $73.35 million, a PE ratio of -0.53 and a beta of 1.73. The company has a debt-to-equity ratio of 10.24, a quick ratio of 1.27 and a current ratio of 1.27. The firm’s 50 day moving average price is $1.00 and its 200-day moving average price is $1.01. LivePerson, Inc. has a 52-week low of $0.45 and a 52-week high of $3.98.

Insider Activity at LivePerson

In other news, CAO Jeffrey Ford sold 21,935 shares of LivePerson stock in a transaction that occurred on Monday, October 21st. The shares were sold at an average price of $1.14, for a total value of $25,005.90. Following the completion of the sale, the chief accounting officer now directly owns 378,707 shares in the company, valued at $431,725.98. The trade was a 5.47 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Bruce Edward Hansen sold 84,944 shares of the stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $0.85, for a total transaction of $72,202.40. The disclosure for this sale can be found here. In the last three months, insiders have sold 236,879 shares of company stock valued at $207,708. 9.00% of the stock is owned by corporate insiders.

LivePerson Company Profile

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.