Insider Selling: LivePerson (NASDAQ:LPSN) CEO Sells $20,159.08 in Stock

LivePerson, Inc. (NASDAQ:LPSN) CEO Anthony John Sabino sold 7,844 shares of the company’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $2.57, for a total value of $20,159.08. Following the completion of the transaction, the chief executive officer owned 180,294 shares in the company, valued at $463,355.58. This represents a 4.17% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Monday, March 23rd, Anthony John Sabino sold 8,033 shares of LivePerson stock. The shares were sold at an average price of $2.50, for a total transaction of $20,082.50.
• On Tuesday, March 17th, Anthony John Sabino sold 12,594 shares of LivePerson stock. The shares were sold at an average price of $2.72, for a total value of $34,255.68.

LivePerson Price Performance

Shares of NASDAQ LPSN opened at $2.59 on Friday. LivePerson, Inc. has a one year low of $2.37 and a one year high of $21.60. The business’s 50-day moving average price is $2.84 and its two-hundred day moving average price is $4.65. The company has a market capitalization of $31.21 million, a P/E ratio of -0.20 and a beta of 1.46.

Hedge Funds Weigh In On LivePerson

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Linden Advisors LP bought a new stake in shares of LivePerson in the third quarter valued at about $6,489,000. Vanguard Group Inc. grew its holdings in shares of LivePerson by 2.7% during 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 in the last quarter. Calamos Advisors LLC bought a new stake in shares of LivePerson during the third quarter valued at approximately $1,978,000. TENOR CAPITAL MANAGEMENT Co. L.P. bought a new stake in shares of LivePerson during the third quarter valued at approximately $1,849,000. Finally, XTX Topco Ltd bought a new stake in LivePerson in the 2nd quarter valued at $246,000. Institutional investors own 79.83% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of LivePerson in a research note on Friday, March 27th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average 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.