Anthony John Sabino Sells 8,033 Shares of LivePerson (NASDAQ:LPSN) Stock

LivePerson, Inc. (NASDAQ:LPSN) CEO Anthony John Sabino sold 8,033 shares of the business’s stock in a transaction dated Monday, March 23rd. The stock was sold at an average price of $2.50, for a total transaction of $20,082.50. Following the transaction, the chief executive officer owned 188,138 shares in the company, valued at approximately $470,345. The trade was a 4.09% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

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

• 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 Trading Up 3.6%

LPSN stock traded up $0.09 during trading on Wednesday, reaching $2.56. 140,355 shares of the stock were exchanged, compared to its average volume of 155,848. LivePerson, Inc. has a twelve month low of $2.39 and a twelve month high of $21.60. The company has a market capitalization of $30.85 million, a P/E ratio of -0.20 and a beta of 1.42. The stock has a 50 day simple moving average of $2.94 and a 200-day simple moving average of $5.20.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in LPSN. Price T Rowe Associates Inc. MD acquired a new stake in shares of LivePerson in the 4th quarter valued at $65,000. Raymond James Financial Inc. grew its holdings in shares of LivePerson by 31.3% in the 3rd quarter. Raymond James Financial Inc. now owns 56,656 shares of the technology company’s stock worth $33,000 after purchasing an additional 13,502 shares during the last quarter. Quadrature Capital Ltd acquired a new stake in shares of LivePerson during the 4th quarter worth about $253,000. Aequim Alternative Investments LP acquired a new stake in shares of LivePerson during the 4th quarter worth about $469,000. Finally, Marshall Wace LLP bought a new position in LivePerson during the 4th quarter valued at about $788,000. 79.83% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of LivePerson in a report on Monday, December 29th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from 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.