LivePerson (NASDAQ:LPSN) Rating Lowered to Sell at StockNews.com

LivePerson (NASDAQ:LPSN) was downgraded by stock analysts at StockNews.com from a “hold” rating to a “sell” rating in a report released on Tuesday.

Separately, Craig Hallum cut shares of LivePerson from a “buy” rating to a “hold” rating and set a $1.00 target price on the stock. in a report on Friday, November 8th. Two investment analysts have rated the stock with a sell rating and four have issued a hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $0.88.

LivePerson Stock Up 1.0 %

LPSN traded up $0.01 during trading on Tuesday, hitting $1.05. The company had a trading volume of 1,856,580 shares, compared to its average volume of 3,329,628. The company has a market cap of $94.77 million, a PE ratio of -0.69 and a beta of 1.59. The business has a 50-day moving average of $1.29 and a 200-day moving average of $1.15. The company has a debt-to-equity ratio of 10.24, a current ratio of 1.27 and a quick ratio of 1.27. LivePerson has a 1-year low of $0.45 and a 1-year high of $2.08.

Insider Buying and Selling

In related news, Director Bruce Edward Hansen sold 84,944 shares of the stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $0.85, for a total value of $72,202.40. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Corporate insiders own 9.00% of the company’s stock.

Institutional Trading of LivePerson

A number of large investors have recently modified their holdings of LPSN. GSA Capital Partners LLP acquired a new position in LivePerson during the 3rd quarter valued at about $513,000. Two Sigma Advisers LP increased its stake in LivePerson by 42.0% during the 4th quarter. Two Sigma Advisers LP now owns 906,027 shares of the technology company’s stock valued at $1,377,000 after buying an additional 267,827 shares during the period. XTX Topco Ltd increased its stake in LivePerson by 1,162.0% during the 3rd quarter. XTX Topco Ltd now owns 210,770 shares of the technology company’s stock valued at $270,000 after buying an additional 194,069 shares during the period. Bridgeway Capital Management LLC acquired a new position in LivePerson during the 4th quarter valued at about $152,000. Finally, Dodds Wealth LLC acquired a new position in shares of LivePerson in the 4th quarter worth approximately $96,000. Institutional investors and hedge funds own 79.83% of the company’s stock.

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.