LiveVox Holdings, Inc. (NASDAQ:LVOX) CEO John D. Dilullo Purchases 8,000 Shares of Stock

LiveVox Holdings, Inc. (NASDAQ:LVOXGet Rating) CEO John D. Dilullo bought 8,000 shares of LiveVox stock in a transaction dated Friday, November 18th. The stock was acquired at an average cost of $1.95 per share, for a total transaction of $15,600.00. Following the completion of the acquisition, the chief executive officer now directly owns 1,145,508 shares in the company, valued at $2,233,740.60. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

LiveVox Price Performance

LVOX opened at $2.02 on Tuesday. The company has a quick ratio of 4.75, a current ratio of 4.75 and a debt-to-equity ratio of 0.54. LiveVox Holdings, Inc. has a 12 month low of $1.40 and a 12 month high of $5.45. The company has a fifty day simple moving average of $2.67 and a 200 day simple moving average of $2.25. The stock has a market cap of $202.10 million, a P/E ratio of -4.30 and a beta of -0.75.

LiveVox (NASDAQ:LVOXGet Rating) last released its quarterly earnings data on Tuesday, November 8th. The company reported ($0.08) EPS for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.01). LiveVox had a negative net margin of 32.81% and a negative return on equity of 39.08%. The firm had revenue of $35.25 million during the quarter, compared to the consensus estimate of $35.10 million. On average, research analysts expect that LiveVox Holdings, Inc. will post -0.41 EPS for the current year.

Analyst Ratings Changes

Separately, Credit Suisse Group upped their price objective on LiveVox from $2.50 to $3.00 and gave the stock a “neutral” rating in a report on Wednesday, November 2nd. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $6.00.

Hedge Funds Weigh In On LiveVox

A number of large investors have recently added to or reduced their stakes in the company. Golden Gate Private Equity Inc. increased its holdings in LiveVox by 7.5% during the 1st quarter. Golden Gate Private Equity Inc. now owns 72,052,785 shares of the company’s stock worth $202,499,000 after purchasing an additional 5,000,000 shares in the last quarter. B. Riley Asset Management LLC increased its holdings in LiveVox by 18.2% during the 3rd quarter. B. Riley Asset Management LLC now owns 2,529,314 shares of the company’s stock worth $7,461,000 after purchasing an additional 389,496 shares in the last quarter. Vanguard Group Inc. increased its holdings in LiveVox by 49.6% during the 1st quarter. Vanguard Group Inc. now owns 1,324,279 shares of the company’s stock worth $3,999,000 after purchasing an additional 439,076 shares in the last quarter. Jennison Associates LLC increased its holdings in LiveVox by 0.9% during the 1st quarter. Jennison Associates LLC now owns 1,055,178 shares of the company’s stock worth $3,187,000 after purchasing an additional 9,418 shares in the last quarter. Finally, BlackRock Inc. increased its holdings in LiveVox by 57.4% during the 3rd quarter. BlackRock Inc. now owns 735,329 shares of the company’s stock worth $2,171,000 after purchasing an additional 268,042 shares in the last quarter. Institutional investors own 88.64% of the company’s stock.

About LiveVox

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LiveVox, Inc develops and provides cloud contact center software for businesses. Its products include Four Clouds, an outbound voice solution that enables to manage regulatory requirements with the option of three manual and one automated outbound dialing system; bundles, including two-way messaging, outbound campaigns and compliance, speech analytics, inbound contact center, and cloud interactive voice response (IVR) solutions; inbound voice solutions, which comprise automatic call distributor, IVR, and wallboards; and blended omnichannel solutions, such as voice, email, SMS, virtual agents, and webchat.

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