Short Interest in LivePerson, Inc. (NASDAQ:LPSN) Expands By 44.9%

LivePerson, Inc. (NASDAQ:LPSN) was the target of a large increase in short interest in the month of March. As of March 13th, there was short interest totaling 1,396,616 shares, an increase of 44.9% from the February 26th total of 963,969 shares. Approximately 11.8% of the company’s shares are short sold. Based on an average daily volume of 176,223 shares, the days-to-cover ratio is presently 7.9 days.

Analyst Upgrades and Downgrades

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

LivePerson Trading Down 3.0%

LivePerson stock traded down $0.08 on Friday, hitting $2.60. 285,412 shares of the stock traded hands, compared to its average volume of 167,131. LivePerson has a 1 year low of $2.39 and a 1 year high of $21.60. The firm has a market cap of $31.33 million, a P/E ratio of -0.20 and a beta of 1.42. The business’s fifty day simple moving average is $2.90 and its 200 day simple moving average is $5.02.

Insider Buying and Selling

In other news, CEO Anthony John Sabino sold 12,594 shares of the firm’s stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $2.72, for a total value of $34,255.68. Following the completion of the sale, the chief executive officer directly owned 196,171 shares of the company’s stock, valued at approximately $533,585.12. This trade represents a 6.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In the last three months, insiders have sold 21,873 shares of company stock valued at $57,727. 2.00% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On LivePerson

Several hedge funds have recently bought and sold shares of LPSN. Calamos Advisors LLC purchased a new stake in LivePerson in the third quarter worth about $1,978,000. XTX Topco Ltd bought a new stake in shares of LivePerson in the 2nd quarter worth approximately $246,000. Linden Advisors LP bought a new stake in shares of LivePerson in the 3rd quarter worth approximately $6,489,000. Aequim Alternative Investments LP purchased a new stake in shares of LivePerson in the 4th quarter worth approximately $469,000. Finally, Vanguard Group Inc. grew its stake in shares of LivePerson by 2.7% in the 3rd quarter. Vanguard Group Inc. now owns 3,830,467 shares of the technology company’s stock worth $2,233,000 after buying an additional 100,727 shares during the last quarter. Institutional investors own 79.83% of the company’s stock.

LivePerson Company Profile

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.