LivePerson, Inc. (NASDAQ:LPSN) Director David Vaskevitch sold 48,600 shares of LivePerson stock in a transaction that occurred on Monday, July 24th. The stock was sold at an average price of $11.35, for a total transaction of $551,610.00. Following the transaction, the director now owns 20,000 shares in the company, valued at $227,000. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.
David Vaskevitch also recently made the following trade(s):
- On Wednesday, July 26th, David Vaskevitch sold 37,135 shares of LivePerson stock. The shares were sold at an average price of $11.40, for a total transaction of $423,339.00.
- On Tuesday, July 25th, David Vaskevitch sold 14,265 shares of LivePerson stock. The shares were sold at an average price of $11.52, for a total transaction of $164,332.80.
LivePerson, Inc. (NASDAQ LPSN) traded down 0.76% during mid-day trading on Friday, reaching $13.05. 287,112 shares of the company were exchanged. LivePerson, Inc. has a 12-month low of $5.43 and a 12-month high of $14.05. The company’s 50 day moving average price is $11.69 and its 200-day moving average price is $8.76. The stock’s market capitalization is $768.64 million.
LivePerson (NASDAQ:LPSN) last issued its earnings results on Wednesday, July 26th. The technology company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by $0.01. The business had revenue of $54.10 million for the quarter, compared to the consensus estimate of $51.33 million. LivePerson had a negative return on equity of 8.71% and a negative net margin of 13.29%. LivePerson’s revenue for the quarter was down 4.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.04) EPS. On average, equities research analysts forecast that LivePerson, Inc. will post $0.10 earnings per share for the current fiscal year.
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Institutional investors have recently modified their holdings of the company. Comerica Bank raised its position in shares of LivePerson by 5.7% in the fourth quarter. Comerica Bank now owns 56,789 shares of the technology company’s stock worth $443,000 after buying an additional 3,076 shares in the last quarter. State Street Corp increased its stake in shares of LivePerson by 8.5% in the fourth quarter. State Street Corp now owns 1,156,840 shares of the technology company’s stock worth $8,737,000 after buying an additional 90,589 shares during the last quarter. Thrivent Financial for Lutherans increased its stake in shares of LivePerson by 5.6% in the fourth quarter. Thrivent Financial for Lutherans now owns 28,730 shares of the technology company’s stock worth $217,000 after buying an additional 1,520 shares during the last quarter. Highbridge Capital Management LLC purchased a new stake in shares of LivePerson during the fourth quarter worth about $147,000. Finally, Louisiana State Employees Retirement System increased its stake in shares of LivePerson by 1.4% in the first quarter. Louisiana State Employees Retirement System now owns 21,700 shares of the technology company’s stock worth $149,000 after buying an additional 300 shares during the last quarter. Hedge funds and other institutional investors own 72.92% of the company’s stock.
A number of brokerages recently issued reports on LPSN. Oppenheimer Holdings, Inc. reiterated a “hold” rating on shares of LivePerson in a report on Thursday, July 27th. Zacks Investment Research raised shares of LivePerson from a “hold” rating to a “buy” rating and set a $15.00 target price for the company in a research report on Wednesday. Northland Securities set a $14.00 target price on shares of LivePerson and gave the stock a “buy” rating in a research report on Saturday, June 24th. Benchmark Co. boosted their target price on shares of LivePerson from $13.00 to $14.00 and gave the stock a “buy” rating in a research report on Thursday, June 15th. Finally, TheStreet raised shares of LivePerson from a “d+” rating to a “c” rating in a research report on Friday, May 26th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $12.14.
LivePerson Company Profile
LivePerson, Inc (Liveperson) is a provider of mobile and online business messaging technologies that power digital communication between brands and consumers. The Company’s segments include Business and Consumer. The Business segment enables brands to leverage its cloud-based LiveEngage’s intelligence engine.
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