11,124,880 Shares in LivePerson, Inc. $LPSN Acquired by Linden Advisors LP

Linden Advisors LP acquired a new stake in shares of LivePerson, Inc. (NASDAQ:LPSN) in the third quarter, HoldingsChannel reports. The institutional investor acquired 11,124,880 shares of the technology company’s stock, valued at approximately $6,489,000. Linden Advisors LP owned approximately 1.11% of LivePerson as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Raymond James Financial Inc. boosted its holdings in LivePerson by 31.3% in the third quarter. Raymond James Financial Inc. now owns 56,656 shares of the technology company’s stock worth $33,000 after acquiring an additional 13,502 shares in the last quarter. XTX Topco Ltd purchased a new stake in shares of LivePerson in the second quarter worth $246,000. TENOR CAPITAL MANAGEMENT Co. L.P. bought a new position in shares of LivePerson during the third quarter valued at $1,849,000. Calamos Advisors LLC bought a new position in shares of LivePerson during the third quarter valued at $1,978,000. Finally, Vanguard Group Inc. raised its position in shares of LivePerson by 2.7% in the 3rd 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 during the last quarter. Hedge funds and other institutional investors own 79.83% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of LivePerson in a research note on Monday, December 29th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, LivePerson currently has a consensus rating of “Reduce”.

LivePerson Stock Up 4.1%

Shares of NASDAQ LPSN opened at $2.77 on Tuesday. The firm has a market cap of $32.85 million, a P/E ratio of -0.21 and a beta of 1.42. LivePerson, Inc. has a twelve month low of $2.56 and a twelve month high of $21.60. The company has a 50 day moving average of $3.11 and a 200 day moving average of $5.67.

About LivePerson

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.