LivePerson (NASDAQ:LPSN) CFO John Deneen Collins Sells 7,203 Shares of Stock

LivePerson, Inc. (NASDAQ:LPSN) CFO John Deneen Collins sold 7,203 shares of the business’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $2.18, for a total transaction of $15,702.54. Following the completion of the sale, the chief financial officer directly owned 109,724 shares of the company’s stock, valued at $239,198.32. This represents a 6.16% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

John Deneen Collins also recently made the following trade(s):

• On Tuesday, March 17th, John Deneen Collins sold 931 shares of LivePerson stock. The stock was sold at an average price of $2.72, for a total transaction of $2,532.32.

LivePerson Trading Down 6.9%

Shares of LPSN opened at $2.01 on Wednesday. LivePerson, Inc. has a 12 month low of $2.00 and a 12 month high of $21.60. The firm’s 50 day moving average is $2.66 and its 200-day moving average is $3.57. The stock has a market capitalization of $24.47 million, a PE ratio of -0.15 and a beta of 1.38.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of LivePerson in a research report on Friday, March 27th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of “Sell”.

Hedge Funds Weigh In On LivePerson

Hedge funds and other institutional investors have recently made changes to their positions in the company. Raymond James Financial Inc. boosted its position in shares of LivePerson by 31.3% during the 3rd quarter. Raymond James Financial Inc. now owns 56,656 shares of the technology company’s stock worth $33,000 after acquiring an additional 13,502 shares in the last quarter. R Squared Ltd acquired a new position in LivePerson during the first quarter valued at approximately $42,000. Price T Rowe Associates Inc. MD acquired a new position in LivePerson during the fourth quarter valued at approximately $65,000. Quadrature Capital Ltd bought a new stake in LivePerson during the fourth quarter worth $253,000. Finally, Aequim Alternative Investments LP bought a new stake in LivePerson during the fourth quarter worth $469,000. 79.83% of the stock is currently owned by institutional investors and hedge funds.

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.