LivePerson (NASDAQ:LPSN) CEO Sells $20,082.50 in Stock

LivePerson, Inc. (NASDAQ:LPSN) CEO Anthony John Sabino sold 8,033 shares of the firm’s stock in a transaction that occurred on Monday, March 23rd. The shares were sold at an average price of $2.50, for a total value of $20,082.50. Following the completion of the transaction, the chief executive officer owned 188,138 shares in the company, valued at approximately $470,345. This trade represents a 4.09% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Anthony John Sabino also recently made the following trade(s):

• On Tuesday, March 17th, Anthony John Sabino sold 12,594 shares of LivePerson stock. The stock was sold at an average price of $2.72, for a total transaction of $34,255.68.

LivePerson Stock Down 3.0%

LivePerson stock opened at $2.60 on Friday. The company has a fifty day simple moving average of $2.90 and a 200-day simple moving average of $5.08. The firm has a market capitalization of $31.33 million, a price-to-earnings ratio of -0.20 and a beta of 1.42. LivePerson, Inc. has a 52-week low of $2.39 and a 52-week high of $21.60.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of LivePerson in a research report on Monday, December 29th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, LivePerson has a consensus rating of “Reduce”.

Institutional Investors Weigh In On LivePerson

A number of hedge funds have recently modified their holdings of the company. Raymond James Financial Inc. boosted its stake in LivePerson by 31.3% during the third quarter. Raymond James Financial Inc. now owns 56,656 shares of the technology company’s stock worth $33,000 after buying an additional 13,502 shares during the period. Price T Rowe Associates Inc. MD purchased a new stake in shares of LivePerson in the 4th quarter valued at approximately $65,000. XTX Topco Ltd acquired a new position in shares of LivePerson in the 2nd quarter worth approximately $246,000. Quadrature Capital Ltd acquired a new position in shares of LivePerson in the 4th quarter worth approximately $253,000. Finally, Aequim Alternative Investments LP purchased a new position in shares of LivePerson during the 4th quarter worth approximately $469,000. Hedge funds and other institutional investors own 79.83% of the company’s stock.

About LivePerson

LivePerson, Inc is a technology company that develops conversational commerce and customer engagement software powered by artificial intelligence. Its platform enables businesses to connect with consumers through real-time messaging channels, transforming customer support and sales operations into interactive experiences. The company’s solutions are designed to reduce friction, boost consumer satisfaction and drive higher conversion rates by merging automated and human-assisted interactions.

The company’s flagship offering, the LiveEngage platform, provides enterprise-grade tools for managing live chat, chatbots and AI-driven virtual assistants across multiple channels.