LivePerson (LPSN) Receiving Somewhat Positive Media Coverage, Analysis Finds

Press coverage about LivePerson (NASDAQ:LPSN) has trended somewhat positive on Saturday, Accern reports. The research group scores the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. LivePerson earned a daily sentiment score of 0.06 on Accern’s scale. Accern also gave media headlines about the technology company an impact score of 47.4631437531228 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Several analysts recently weighed in on LPSN shares. Northland Securities reaffirmed a “buy” rating and issued a $14.00 price objective on shares of LivePerson in a research report on Tuesday, July 25th. Needham & Company LLC began coverage on LivePerson in a research report on Thursday, September 21st. They set a “buy” rating and a $16.00 price target on the stock. Benchmark Co. increased their price target on LivePerson from $14.00 to $18.00 and gave the stock a “buy” rating in a research report on Tuesday, October 10th. Zacks Investment Research raised LivePerson from a “hold” rating to a “buy” rating and set a $15.00 price target on the stock in a research report on Wednesday, August 2nd. Finally, Oppenheimer Holdings, Inc. reissued a “hold” rating on shares of LivePerson in a research report on Thursday, July 27th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. LivePerson currently has a consensus rating of “Buy” and a consensus price target of $15.05.

Shares of LivePerson (LPSN) traded up $0.05 during trading hours on Friday, hitting $11.30. The stock had a trading volume of 262,739 shares, compared to its average volume of 369,870. LivePerson has a 1 year low of $5.43 and a 1 year high of $15.10.

LivePerson (NASDAQ:LPSN) last issued its quarterly earnings data on Wednesday, November 1st. The technology company reported $0.05 EPS for the quarter, meeting the consensus estimate of $0.05. LivePerson had a negative return on equity of 4.41% and a negative net margin of 11.07%. The company had revenue of $54.49 million for the quarter, compared to analyst estimates of $54.55 million. During the same period last year, the company earned ($0.02) earnings per share. LivePerson’s quarterly revenue was down .1% compared to the same quarter last year. research analysts anticipate that LivePerson will post -0.02 EPS for the current year.

In other LivePerson news, CFO Daniel Richard Murphy sold 2,300 shares of LivePerson stock in a transaction on Wednesday, September 20th. The stock was sold at an average price of $13.71, for a total value of $31,533.00. Following the sale, the chief financial officer now owns 84,678 shares in the company, valued at $1,160,935.38. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Robert P. Locascio sold 2,572 shares of LivePerson stock in a transaction on Wednesday, September 20th. The shares were sold at an average price of $13.66, for a total value of $35,133.52. Following the completion of the sale, the chief executive officer now directly owns 76,435 shares of the company’s stock, valued at $1,044,102.10. The disclosure for this sale can be found here. Insiders sold 60,374 shares of company stock worth $796,159 over the last ninety days. Corporate insiders own 11.40% of the company’s stock.

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About LivePerson

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.

Insider Buying and Selling by Quarter for LivePerson (NASDAQ:LPSN)

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