Research Analysts’ Recent Ratings Updates for LivePerson (LPSN)

Several analysts have recently updated their ratings and price targets for LivePerson (NASDAQ: LPSN):

• 5/17/2024 – LivePerson was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 5/15/2024 – LivePerson had its price target raised by analysts at Craig Hallum from $1.00 to $1.25. They now have a “buy” rating on the stock.
• 5/13/2024 – LivePerson had its price target lowered by analysts at Mizuho from $2.00 to $0.50. They now have a “neutral” rating on the stock.
• 5/9/2024 – LivePerson was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 5/9/2024 – LivePerson had its “hold” rating reaffirmed by analysts at Needham & Company LLC.
• 5/9/2024 – LivePerson had its price target lowered by analysts at Craig Hallum from $3.00 to $1.00. They now have a “buy” rating on the stock.
• 5/1/2024 – LivePerson is now covered by analysts at StockNews.com. They set a “sell” rating on the stock.
• 4/23/2024 – LivePerson had its price target lowered by analysts at Loop Capital from $3.00 to $1.00. They now have a “hold” rating on the stock.
• 4/22/2024 – LivePerson was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 4/8/2024 – LivePerson was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 3/26/2024 – LivePerson was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.

LivePerson Trading Up 13.0 %

Shares of LPSN opened at $0.73 on Friday. 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, Inc. has a 12-month low of $0.45 and a 12-month high of $6.41. The firm has a 50-day moving average price of $0.74 and a 200 day moving average price of $2.11. The firm has a market capitalization of $64.28 million, a P/E ratio of -0.50 and a beta of 1.61.

LivePerson (NASDAQ:LPSN) last announced its quarterly earnings data on Wednesday, February 28th. The technology company reported ($0.26) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.20) by ($0.06). LivePerson had a negative net margin of 31.27% and a negative return on equity of 56.82%. The firm had revenue of $95.47 million during the quarter, compared to analysts’ expectations of $95.54 million. Sell-side analysts forecast that LivePerson, Inc. will post -0.54 EPS for the current year.

Insider Activity at LivePerson

In related news, EVP Alex Kroman sold 65,828 shares of the company’s stock in a transaction dated Friday, April 19th. The shares were sold at an average price of $0.51, for a total value of $33,572.28. Following the completion of the sale, 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 Securities & Exchange Commission, which is available at the SEC website. In other LivePerson news, EVP Alex Kroman sold 65,828 shares of the stock in a transaction dated 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 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 this link. Also, Director William Wesemann bought 100,000 shares of the 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 purchase, the director now owns 374,835 shares of the company’s stock, valued at $374,835. The disclosure for this purchase can be found here. Over the last quarter, insiders sold 73,662 shares of company stock valued at $40,411. 2.00% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Archon Capital Management LLC acquired a new stake in shares of LivePerson during the first quarter worth about $5,313,000. AIGH Capital Management LLC acquired a new stake in shares of LivePerson during the fourth quarter worth about $6,102,000. Jacobs Levy Equity Management Inc. lifted its position in shares of LivePerson by 77.0% during the third quarter. Jacobs Levy Equity Management Inc. now owns 1,737,186 shares of the technology company’s stock worth $6,758,000 after purchasing an additional 755,945 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of LivePerson by 6.4% during the first quarter. Vanguard Group Inc. now owns 8,656,439 shares of the technology company’s stock worth $8,634,000 after purchasing an additional 523,694 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. acquired a new stake in shares of LivePerson during the third quarter worth about $1,905,000. Hedge funds and other institutional investors own 79.83% of the company’s stock.

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.