LivePerson, Inc. (NASDAQ:LPSN – Get Free Report) EVP Alex Kroman sold 65,828 shares of LivePerson stock in a transaction that occurred on Friday, April 19th. The stock was 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 $61,223.97. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.
LivePerson Stock Performance
LPSN opened at $0.51 on Thursday. The business has a fifty day simple moving average of $1.22 and a 200 day simple moving average of $2.42. The company has a market capitalization of $44.54 million, a PE ratio of -0.40 and a beta of 1.49. LivePerson, Inc. has a 1 year low of $0.45 and a 1 year high of $6.41. The company has a debt-to-equity ratio of 10.63, a current ratio of 1.20 and a quick ratio of 1.20.
LivePerson (NASDAQ:LPSN – Get Free Report) last released its quarterly earnings results on Wednesday, February 28th. The technology company reported ($0.26) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.20) by ($0.06). The firm had revenue of $95.47 million during the quarter, compared to the consensus estimate of $95.54 million. LivePerson had a negative net margin of 24.99% and a negative return on equity of 47.71%. Research analysts expect that LivePerson, Inc. will post -0.68 EPS for the current year.
Hedge Funds Weigh In On LivePerson
Wall Street Analysts Forecast Growth
Several brokerages have recently commented on LPSN. Roth Capital downgraded LivePerson from a “buy” rating to a “neutral” rating in a research note on Thursday, February 29th. Barclays reduced their target price on LivePerson from $3.50 to $1.50 and set an “underweight” rating for the company in a research note on Thursday, February 29th. StockNews.com downgraded LivePerson from a “hold” rating to a “sell” rating in a research note on Monday. B. Riley reduced their price target on LivePerson from $3.75 to $2.00 and set a “neutral” rating for the company in a research note on Thursday, February 29th. Finally, Roth Mkm downgraded LivePerson from a “buy” rating to a “neutral” rating and reduced their price target for the company from $6.00 to $2.00 in a research note on Thursday, February 29th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $2.58.
Read Our Latest Stock Report on LivePerson
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.
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