Insider Selling: LivePerson (NASDAQ:LPSN) CFO Sells $15,702.54 in Stock

LivePerson, Inc. (NASDAQ:LPSN) CFO John Deneen Collins sold 7,203 shares of the firm’s stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $2.18, for a total transaction of $15,702.54. Following the sale, the chief financial officer owned 109,724 shares of the company’s stock, valued at $239,198.32. This trade represents a 6.16% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

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 Stock Performance

NASDAQ LPSN opened at $2.17 on Friday. LivePerson, Inc. has a 52-week low of $2.00 and a 52-week high of $21.60. The company has a 50-day simple moving average of $2.63 and a 200 day simple moving average of $3.52. The company has a market capitalization of $26.43 million, a PE ratio of -0.17 and a beta of 1.38.

Hedge Funds Weigh In On LivePerson

A number of institutional investors and hedge funds have recently added to or reduced their stakes in LPSN. Raymond James Financial Inc. boosted its position in shares of LivePerson by 31.3% in the third quarter. Raymond James Financial Inc. now owns 56,656 shares of the technology company’s stock valued at $33,000 after acquiring an additional 13,502 shares during the period. R Squared Ltd bought a new position in shares of LivePerson in the first quarter valued at approximately $42,000. Price T Rowe Associates Inc. MD bought a new position in shares of LivePerson in the fourth quarter valued at approximately $65,000. Quadrature Capital Ltd bought a new position in shares of LivePerson in the fourth quarter valued at approximately $253,000. Finally, Aequim Alternative Investments LP bought a new position in shares of LivePerson in the fourth quarter valued at approximately $469,000. Institutional investors own 79.83% of the company’s stock.

Analysts Set New Price Targets

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

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.