LivePerson, Inc. (NASDAQ:LPSN) EVP Monica L. Greenberg sold 4,352 shares of the business’s stock in a transaction on Monday, June 3rd. The shares were sold at an average price of $27.08, for a total transaction of $117,852.16. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Monica L. Greenberg also recently made the following trade(s):
- On Saturday, March 16th, Monica L. Greenberg sold 1,424 shares of LivePerson stock. The stock was sold at an average price of $28.82, for a total transaction of $41,039.68.
Shares of NASDAQ LPSN opened at $28.23 on Friday. The firm has a market capitalization of $1.80 billion, a P/E ratio of -122.74 and a beta of 1.16. The company has a quick ratio of 2.75, a current ratio of 2.75 and a debt-to-equity ratio of 0.96. LivePerson, Inc. has a one year low of $16.98 and a one year high of $30.91.
LivePerson (NASDAQ:LPSN) last released its earnings results on Thursday, May 2nd. The technology company reported ($0.25) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.19) by ($0.06). LivePerson had a negative return on equity of 13.56% and a negative net margin of 15.78%. The business had revenue of $66.40 million for the quarter, compared to analysts’ expectations of $66.14 million. Equities research analysts expect that LivePerson, Inc. will post -0.5 earnings per share for the current year.
Institutional investors have recently added to or reduced their stakes in the company. Weiss Asset Management LP acquired a new position in LivePerson in the first quarter valued at about $2,084,000. Gilder Gagnon Howe & Co. LLC lifted its position in LivePerson by 10.7% in the first quarter. Gilder Gagnon Howe & Co. LLC now owns 3,381,722 shares of the technology company’s stock valued at $98,138,000 after buying an additional 327,580 shares during the last quarter. FMR LLC lifted its position in LivePerson by 1.5% in the first quarter. FMR LLC now owns 3,678,554 shares of the technology company’s stock valued at $106,752,000 after buying an additional 52,606 shares during the last quarter. Aristeia Capital LLC acquired a new position in LivePerson in the first quarter valued at about $2,084,000. Finally, Jane Street Group LLC lifted its position in LivePerson by 396.4% in the first quarter. Jane Street Group LLC now owns 135,741 shares of the technology company’s stock valued at $3,939,000 after buying an additional 108,396 shares during the last quarter. 83.99% of the stock is owned by institutional investors and hedge funds.
Several equities research analysts recently commented on LPSN shares. Piper Jaffray Companies started coverage on shares of LivePerson in a report on Monday, March 25th. They issued an “overweight” rating and a $39.00 price target for the company. BidaskClub raised shares of LivePerson from a “buy” rating to a “strong-buy” rating in a report on Wednesday, March 27th. Evercore ISI started coverage on shares of LivePerson in a report on Thursday, March 7th. They issued an “outperform” rating and a $34.00 price target for the company. Needham & Company LLC reissued a “buy” rating and issued a $30.00 price target (up previously from $28.00) on shares of LivePerson in a report on Friday, February 22nd. Finally, Berenberg Bank started coverage on shares of LivePerson in a report on Thursday, May 16th. They issued a “buy” rating and a $40.00 price target for the company. Two research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $31.43.
LivePerson, Inc provides conversational commerce solutions. The company operates in two segments, Business and Consumer. The Business segment enables brands to leverage LiveEngage's intelligence engine to connect with consumers through an integrated suite of mobile and online business messaging technologies.
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