LivePerson, Inc. (NASDAQ:LPSN) Receives Average Recommendation of "Hold" from Analysts

Shares of LivePerson, Inc. (NASDAQ:LPSN - Get Free Report) have been assigned an average recommendation of "Hold" from the eight research firms that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $1.33.

Several research firms have recently commented on LPSN. Loop Capital lowered their price target on shares of LivePerson from $3.00 to $1.00 and set a "hold" rating on the stock in a research report on Tuesday, April 23rd. Needham & Company LLC restated a "hold" rating on shares of LivePerson in a research report on Thursday, May 9th. Mizuho decreased their target price on shares of LivePerson from $2.00 to $0.50 and set a "neutral" rating on the stock in a research report on Monday. Craig Hallum decreased their target price on shares of LivePerson from $3.00 to $1.00 and set a "buy" rating on the stock in a research report on Thursday, May 9th. Finally, Roth Mkm lowered shares of LivePerson from a "buy" rating to a "neutral" rating and decreased their target price for the stock from $6.00 to $2.00 in a research report on Thursday, February 29th.

Insider Activity

In other news, EVP Alex Kroman sold 65,828 shares of the firm's stock in a transaction on Friday, April 19th. The shares were sold at an average price of $0.51, for a total value of $33,572.28. Following the transaction, the executive vice president now owns 120,047 shares of the company's stock, valued at approximately $61,223.97. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other LivePerson news, EVP Alex Kroman sold 65,828 shares of the firm's stock in a transaction on Friday, April 19th. The shares were sold at an average price of $0.51, for a total transaction of $33,572.28. Following the completion of the transaction, the executive vice president now directly owns 120,047 shares of the company's stock, valued at approximately $61,223.97. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director William Wesemann acquired 100,000 shares of the firm's stock in a transaction on Tuesday, March 12th. The shares were bought at an average cost of $1.00 per share, with a total value of $100,000.00. Following the completion of the acquisition, the director now owns 374,835 shares in the company, valued at $374,835. The disclosure for this purchase can be found here. In the last 90 days, insiders have sold 73,662 shares of company stock valued at $40,411. Company insiders own 2.00% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in LPSN. Options Solutions LLC acquired a new position in LivePerson during the 4th quarter worth $38,000. Victory Capital Management Inc. acquired a new position in shares of LivePerson in the 4th quarter valued at about $39,000. Nisa Investment Advisors LLC boosted its holdings in shares of LivePerson by 497.4% in the 4th quarter. Nisa Investment Advisors LLC now owns 10,580 shares of the technology company's stock valued at $40,000 after buying an additional 8,809 shares during the period. Oak Thistle LLC acquired a new position in shares of LivePerson in the 4th quarter valued at about $43,000. Finally, Tower Research Capital LLC TRC boosted its holdings in shares of LivePerson by 54.6% in the 4th quarter. Tower Research Capital LLC TRC now owns 15,124 shares of the technology company's stock valued at $57,000 after buying an additional 5,342 shares during the period. 79.83% of the stock is owned by institutional investors and hedge funds.

LivePerson Price Performance

Shares of LPSN stock traded up $0.13 during trading hours on Tuesday, hitting $0.79. The company's stock had a trading volume of 9,929,138 shares, compared to its average volume of 3,069,578. The business has a fifty day moving average of $0.79 and a 200-day moving average of $2.21. The stock has a market cap of $69.36 million, a price-to-earnings ratio of -0.58 and a beta of 1.61. LivePerson has a twelve month low of $0.45 and a twelve month high of $6.41. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 26.69.

LivePerson (NASDAQ:LPSN - Get Free Report) last released its quarterly earnings results on Wednesday, February 28th. The technology company reported ($0.26) EPS for the quarter, missing the consensus estimate of ($0.20) by ($0.06). The business had revenue of $95.47 million during the quarter, compared to analyst estimates of $95.54 million. LivePerson had a negative net margin of 31.27% and a negative return on equity of 56.82%. As a group, equities research analysts anticipate that LivePerson will post -0.68 EPS for the current year.

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.