LivePerson, Inc. (NASDAQ:LPSN) CFO Daniel Richard Murphy sold 2,493 shares of the business’s stock in a transaction dated Wednesday, December 20th. The stock was sold at an average price of $11.45, for a total value of $28,544.85. Following the completion of the sale, the chief financial officer now owns 82,185 shares in the company, valued at $941,018.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
LivePerson, Inc. (LPSN) opened at $11.40 on Thursday. The company has a market capitalization of $681.56, a P/E ratio of -26.51 and a beta of 1.19. LivePerson, Inc. has a 52 week low of $5.43 and a 52 week high of $15.10.
LivePerson (NASDAQ:LPSN) last released its earnings results on Wednesday, November 1st. The technology company reported $0.05 EPS for the quarter, meeting analysts’ consensus estimates of $0.05. The firm had revenue of $54.49 million for the quarter, compared to analysts’ expectations of $54.55 million. LivePerson had a negative return on equity of 4.41% and a negative net margin of 11.07%. The company’s quarterly revenue was down .1% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.02) earnings per share. equities analysts predict that LivePerson, Inc. will post -0.02 earnings per share for the current fiscal year.
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Piedmont Investment Advisors LLC purchased a new stake in shares of LivePerson in the second quarter valued at approximately $128,000. BlueCrest Capital Management Ltd purchased a new stake in shares of LivePerson in the second quarter valued at approximately $131,000. Municipal Employees Retirement System of Michigan boosted its holdings in shares of LivePerson by 5.4% in the second quarter. Municipal Employees Retirement System of Michigan now owns 12,580 shares of the technology company’s stock valued at $138,000 after purchasing an additional 650 shares during the period. Public Employees Retirement System of Ohio purchased a new stake in shares of LivePerson in the third quarter valued at approximately $177,000. Finally, Advisor Group Inc. purchased a new stake in shares of LivePerson in the third quarter valued at approximately $189,000. 75.79% of the stock is currently owned by hedge funds and other institutional investors.
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LivePerson, Inc (Liveperson) is a provider of mobile and online business messaging technologies that power digital communication between brands and consumers. The Company’s segments include Business and Consumer. The Business segment enables brands to leverage its cloud-based LiveEngage’s intelligence engine.
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