Insider Selling: LivePerson (NASDAQ:LPSN) CFO Sells $103,800.00 in Stock

LivePerson, Inc. (NASDAQ:LPSN) CFO John Deneen Collins sold 20,000 shares of the business’s stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $5.19, for a total value of $103,800.00. Following the completion of the sale, the chief financial officer owned 81,814 shares in the company, valued at approximately $424,614.66. This trade represents a 19.64% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

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

• On Thursday, September 25th, John Deneen Collins sold 29,773 shares of LivePerson stock. The shares were sold at an average price of $9.45, for a total transaction of $281,354.85.

LivePerson Stock Down 4.8%

Shares of NASDAQ LPSN traded down $0.26 during midday trading on Tuesday, hitting $5.11. 419,059 shares of the company’s stock were exchanged, compared to its average volume of 261,600. The company’s 50 day moving average price is $7.65 and its 200 day moving average price is $11.53. LivePerson, Inc. has a 12 month low of $4.84 and a 12 month high of $31.20. The firm has a market capitalization of $51.30 million, a PE ratio of -0.17 and a beta of 1.41.

Institutional Trading of LivePerson

Several hedge funds have recently bought and sold shares of LPSN. Linden Advisors LP bought a new stake in shares of LivePerson during the third quarter worth about $6,489,000. Vanguard Group Inc. boosted its position in LivePerson by 2.7% in the third quarter. Vanguard Group Inc. now owns 3,830,467 shares of the technology company’s stock worth $2,233,000 after purchasing an additional 100,727 shares during the last quarter. Calamos Advisors LLC bought a new position in LivePerson during the third quarter valued at about $1,978,000. TENOR CAPITAL MANAGEMENT Co. L.P. bought a new position in shares of LivePerson during the 3rd quarter valued at approximately $1,849,000. Finally, Charles Schwab Investment Management Inc. increased its position in LivePerson by 7.0% in the first quarter. Charles Schwab Investment Management Inc. now owns 398,261 shares of the technology company’s stock worth $318,000 after buying an additional 26,163 shares during the last quarter. Institutional investors and hedge funds own 79.83% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. Weiss Ratings restated a “sell (e+)” rating on shares of LivePerson in a research note on Thursday, November 13th. Wall Street Zen raised LivePerson from a “sell” rating to a “hold” rating in a report on Saturday. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce”.

LivePerson Company Profile

LivePerson, Inc engages in conversational artificial intelligence. It enables brands to leverage the Conversational Cloud's intelligence engine to connect with consumers through an integrated suite of mobile and online business messaging technologies. The company offers the Conversational Cloud, an enterprise-class digital customer conversation platform, which enables businesses and consumers to connect through conversational channels, such as voice, in-app, and mobile messaging.