In yesterday’s Wall Street session, LivePerson Inc. (NASDAQ:LPSN) shares traded at $3.77, down -4.80% from the previous session.
LPSN stock price is now -17.60% away from the 50-day moving average and -61.18% away from the 200-day moving average. The market capitalization of the company currently stands at $301.07M.
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In other news, Osumi Norman M., Chief Accounting Officer sold 570 shares of the company’s stock on Apr 24. The stock was sold for $2,827 at an average price of $4.96. Upon completion of the transaction, the Chief Accounting Officer now directly owns 47,099 shares in the company, valued at $0.18 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 13, EVP, Policy & General Counsel Greenberg Monica L. sold 1,003 shares of the business’s stock. A total of $4,824 was realized by selling the stock at an average price of $4.81. This leaves the insider owning 108,861 shares of the company worth $0.41 million. Insiders disposed of 34,331 shares of company stock worth roughly $0.13 million over the past 1 year. A total of 0.90% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in LPSN stock. A new stake in LivePerson Inc. shares was purchased by SQUAREPOINT OPS LLC during the first quarter worth $4,809,000. QUBE RESEARCH & TECHNOLOGIES LTD invested $2,074,000 in shares of LPSN during the first quarter. In the first quarter, PHOENIX HOLDINGS LTD. acquired a new stake in LivePerson Inc. valued at approximately $1,638,000. BALYASNY ASSET MANAGEMENT L.P. acquired a new stake in LPSN for approximately $1,327,000. FEDERATED HERMES, INC. purchased a new stake in LPSN valued at around $1,260,000 in the second quarter. In total, there are 261 active investors with 87.90% ownership of the company’s stock.
On Thursday morning LivePerson Inc. (NASDAQ: LPSN) stock kicked off with the opening price of $3.9900. During the past 12 months, LivePerson Inc. has had a low of $3.57 and a high of $18.17. As of last week, the company has a debt-to-equity ratio of 8.98, a current ratio of 1.10, and a quick ratio of 1.10. The fifty day moving average price for LPSN is $4.4552 and a two-hundred day moving average price translates $9.6666 for the stock.
The latest earnings results from LivePerson Inc. (NASDAQ: LPSN) was released for Mar, 2023. According to the Software – Application Company, earnings per share came in at -$0.23, beating analysts’ expectations of -$0.46 by 0.23. This compares to -$0.86 EPS in the same period last year. The net profit margin was -36.10% and return on equity was -207.10% for LPSN. The company reported revenue of $107.66 million for the quarter, compared to $130.2 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -17.31 percent. For the current quarter, analysts expect LPSN to generate $96.83M in revenue.
