LivePerson, Inc. (NASDAQ:LPSN) EVP Alexander Spinelli sold 15,080 shares of the business’s stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $27.30, for a total transaction of $411,684.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
NASDAQ LPSN opened at $28.12 on Friday. LivePerson, Inc. has a 12 month low of $15.85 and a 12 month high of $30.28. The stock has a market cap of $1.88 billion, a PE ratio of -122.26 and a beta of 1.18.
LivePerson (NASDAQ:LPSN) last posted its quarterly earnings data on Thursday, February 21st. The technology company reported ($0.05) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.03) by ($0.02). LivePerson had a negative net margin of 10.02% and a negative return on equity of 5.56%. The company had revenue of $65.72 million for the quarter, compared to analyst estimates of $64.91 million. Sell-side analysts forecast that LivePerson, Inc. will post -0.48 earnings per share for the current year.
Several research analysts recently weighed in on the stock. Piper Jaffray Companies assumed coverage on shares of LivePerson in a research note on Monday, March 25th. They issued an “overweight” rating and a $39.00 target price for the company. BidaskClub downgraded shares of LivePerson from a “buy” rating to a “hold” rating in a research note on Friday. Oppenheimer raised shares of LivePerson from a “market perform” rating to an “outperform” rating and set a $31.00 target price for the company in a research note on Thursday, January 24th. Zacks Investment Research downgraded shares of LivePerson from a “hold” rating to a “sell” rating in a research note on Friday, January 25th. Finally, Benchmark reaffirmed a “buy” rating and set a $34.00 price objective (up previously from $30.00) on shares of LivePerson in a research note on Thursday, March 21st. Two research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $30.39.
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LivePerson Company Profile
LivePerson, Inc provides conversational commerce solutions. The company operates in two segments, Business and Consumer. The Business segment enables brands to leverage LiveEngage's intelligence engine to connect with consumers through an integrated suite of mobile and online business messaging technologies.
Further Reading: Trading based on a resistance level
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