LivePerson, Inc. (NASDAQ:LPSN) CEO Anthony John Sabino Sells 68,088 Shares

LivePerson, Inc. (NASDAQ:LPSN) CEO Anthony John Sabino sold 68,088 shares of the firm’s stock in a transaction that occurred on Monday, June 16th. The stock was sold at an average price of $0.75, for a total value of $51,066.00. Following the transaction, the chief executive officer now owns 2,852,296 shares in the company, valued at approximately $2,139,222. The trade was a 2.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Anthony John Sabino also recently made the following trade(s):

• On Thursday, March 20th, Anthony John Sabino sold 166,213 shares of LivePerson stock. The stock was sold at an average price of $0.90, for a total value of $149,591.70.

LivePerson Stock Down 2.1%

LPSN stock opened at $0.74 on Thursday. The business’s 50-day moving average price is $0.78 and its 200-day moving average price is $0.98. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 10.24. LivePerson, Inc. has a twelve month low of $0.53 and a twelve month high of $2.08. The stock has a market cap of $69.86 million, a P/E ratio of -0.34 and a beta of 1.52.

Hedge Funds Weigh In On LivePerson

Several hedge funds have recently bought and sold shares of the business. Two Sigma Advisers LP grew its position in LivePerson by 42.0% in the 4th quarter. Two Sigma Advisers LP now owns 906,027 shares of the technology company’s stock valued at $1,377,000 after acquiring an additional 267,827 shares during the last quarter. Geode Capital Management LLC grew its position in LivePerson by 2.9% in the 4th quarter. Geode Capital Management LLC now owns 772,587 shares of the technology company’s stock valued at $1,175,000 after acquiring an additional 21,992 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of LivePerson by 7.0% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 398,261 shares of the technology company’s stock worth $318,000 after buying an additional 26,163 shares during the period. Bridgeway Capital Management LLC purchased a new stake in shares of LivePerson in the 4th quarter worth $152,000. Finally, Point72 Asia Singapore Pte. Ltd. lifted its holdings in shares of LivePerson by 146.1% in the 4th quarter. Point72 Asia Singapore Pte. Ltd. now owns 73,794 shares of the technology company’s stock worth $112,000 after buying an additional 43,804 shares during the period. Institutional investors own 79.83% of the company’s stock.

Analyst Ratings Changes

LPSN has been the subject of a number of research analyst reports. Wall Street Zen cut LivePerson from a “hold” rating to a “sell” rating in a research note on Wednesday, May 21st. Needham & Company LLC restated a “hold” rating on shares of LivePerson in a research note on Thursday, May 8th.

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.