LivePerson (LPSN) Receiving Somewhat Positive News Coverage, Study Shows

Press coverage about LivePerson (NASDAQ:LPSN) has trended somewhat positive on Thursday, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. LivePerson earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned media coverage about the technology company an impact score of 44.8424311178217 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

These are some of the headlines that may have impacted Accern Sentiment Analysis’s scoring:

Several analysts have recently issued reports on the stock. Zacks Investment Research cut shares of LivePerson from a “buy” rating to a “hold” rating in a research note on Wednesday, July 12th. Northland Securities set a $14.00 price objective on shares of LivePerson and gave the company a “buy” rating in a research note on Saturday, June 24th. Ladenburg Thalmann Financial Services reissued a “buy” rating and set a $17.50 price objective (up from $15.00) on shares of LivePerson in a research note on Tuesday. Benchmark Co. boosted their price objective on shares of LivePerson from $14.00 to $18.00 and gave the company a “buy” rating in a research note on Tuesday. Finally, Oppenheimer Holdings, Inc. reissued a “hold” rating on shares of LivePerson in a research note on Wednesday, August 9th. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $13.92.

LivePerson (NASDAQ:LPSN) opened at 14.85 on Thursday. The firm’s market cap is $874.67 million. The company’s 50 day moving average is $13.69 and its 200 day moving average is $11.03. LivePerson has a 12-month low of $5.43 and a 12-month high of $15.10.

LivePerson (NASDAQ:LPSN) last announced its quarterly earnings results on Wednesday, July 26th. The technology company reported $0.01 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.02 by ($0.01). LivePerson had a negative return on equity of 8.71% and a negative net margin of 13.29%. The business had revenue of $54.10 million for the quarter, compared to analyst estimates of $51.33 million. During the same quarter last year, the company earned ($0.04) EPS. The business’s revenue for the quarter was down 4.6% compared to the same quarter last year. On average, equities analysts anticipate that LivePerson will post $0.10 earnings per share for the current year.

In other news, Director David Vaskevitch sold 14,265 shares of the stock in a transaction on Tuesday, July 25th. The shares were sold at an average price of $11.52, for a total transaction of $164,332.80. Following the transaction, the director now owns 20,000 shares in the company, valued at approximately $230,400. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Dustin Dean sold 2,400 shares of the stock in a transaction on Tuesday, July 18th. The stock was sold at an average price of $11.73, for a total transaction of $28,152.00. Following the transaction, the executive vice president now owns 70,987 shares in the company, valued at approximately $832,677.51. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 162,774 shares of company stock worth $1,963,593. 11.40% of the stock is currently owned by company insiders.

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LivePerson Company Profile

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.

Insider Buying and Selling by Quarter for LivePerson (NASDAQ:LPSN)

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