Anthony John Sabino Sells 7,844 Shares of LivePerson (NASDAQ:LPSN) Stock

LivePerson, Inc. (NASDAQ:LPSN) CEO Anthony John Sabino sold 7,844 shares of LivePerson stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $2.57, for a total transaction of $20,159.08. Following the sale, the chief executive officer owned 180,294 shares in the company, valued at $463,355.58. This represents a 4.17% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Monday, March 23rd, Anthony John Sabino sold 8,033 shares of LivePerson stock. The shares were sold at an average price of $2.50, for a total transaction of $20,082.50.
• On Tuesday, March 17th, Anthony John Sabino sold 12,594 shares of LivePerson stock. The shares were sold at an average price of $2.72, for a total transaction of $34,255.68.

LivePerson Price Performance

LivePerson stock opened at $2.59 on Friday. LivePerson, Inc. has a 12-month low of $2.37 and a 12-month high of $21.60. The company has a market capitalization of $31.21 million, a price-to-earnings ratio of -0.20 and a beta of 1.46. The firm’s fifty day moving average price is $2.84 and its 200 day moving average price is $4.69.

Institutional Trading of LivePerson

Institutional investors have recently added to or reduced their stakes in the stock. Linden Advisors LP bought a new position in LivePerson during the 3rd quarter valued at $6,489,000. Vanguard Group Inc. grew its holdings in LivePerson by 2.7% during the 3rd quarter. Vanguard Group Inc. now owns 3,830,467 shares of the technology company’s stock worth $2,233,000 after acquiring an additional 100,727 shares in the last quarter. Calamos Advisors LLC bought a new stake in shares of LivePerson in the 3rd quarter worth about $1,978,000. TENOR CAPITAL MANAGEMENT Co. L.P. acquired a new stake in shares of LivePerson in the 3rd quarter valued at about $1,849,000. Finally, XTX Topco Ltd acquired a new stake in shares of LivePerson in the 2nd quarter valued at about $246,000. 79.83% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of LivePerson in a research note on Friday, March 27th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Reduce”.

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.