James Miller Sells 2,133 Shares of LivePerson (NASDAQ:LPSN) Stock

LivePerson, Inc. (NASDAQ:LPSN) Director James Miller sold 2,133 shares of the stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $4.73, for a total value of $10,089.09. Following the completion of the sale, the director directly owned 22,196 shares of the company’s stock, valued at $104,987.08. This represents a 8.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

LivePerson Trading Down 2.8%

Shares of LivePerson stock opened at $4.22 on Friday. LivePerson, Inc. has a 1 year low of $4.05 and a 1 year high of $31.20. The company’s fifty day simple moving average is $5.43 and its 200-day simple moving average is $10.42. The company has a market cap of $50.05 million, a price-to-earnings ratio of -0.15 and a beta of 1.42.

Institutional Trading of LivePerson

Hedge funds have recently modified their holdings of the company. Charles Schwab Investment Management Inc. boosted its stake in LivePerson by 7.0% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 398,261 shares of the technology company’s stock worth $318,000 after acquiring an additional 26,163 shares during the last quarter. XTX Topco Ltd acquired a new stake in LivePerson in the second quarter worth $246,000. Calamos Advisors LLC acquired a new stake in LivePerson in the third quarter worth $1,978,000. Vanguard Group Inc. boosted its position in shares of LivePerson by 2.7% during the third quarter. Vanguard Group Inc. now owns 3,830,467 shares of the technology company’s stock worth $2,233,000 after purchasing an additional 100,727 shares in the last quarter. Finally, Raymond James Financial Inc. grew its holdings in shares of LivePerson by 31.3% in the 3rd quarter. Raymond James Financial Inc. now owns 56,656 shares of the technology company’s stock valued at $33,000 after buying an additional 13,502 shares during the period. 79.83% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

LPSN has been the subject of a number of research analyst reports. Wall Street Zen raised shares of LivePerson from a “sell” rating to a “hold” rating in a research report on Saturday, November 15th. Weiss Ratings restated a “sell (e+)” rating on shares of LivePerson in a research note on Monday. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Reduce”.

LivePerson Company Profile

LivePerson, Inc is a technology company that develops conversational commerce and customer engagement software powered by artificial intelligence. Its platform enables businesses to connect with consumers through real-time messaging channels, transforming customer support and sales operations into interactive experiences. The company’s solutions are designed to reduce friction, boost consumer satisfaction and drive higher conversion rates by merging automated and human-assisted interactions.

The company’s flagship offering, the LiveEngage platform, provides enterprise-grade tools for managing live chat, chatbots and AI-driven virtual assistants across multiple channels.