LivePerson (NASDAQ:LPSN) Rating Lowered to Sell at Wall Street Zen

LivePerson (NASDAQ:LPSN) was downgraded by research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued on Saturday.

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of LivePerson in a report on Wednesday, June 24th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has a consensus rating of “Sell”.

LivePerson Price Performance

Shares of LivePerson stock opened at $2.85 on Friday. LivePerson has a 12 month low of $1.40 and a 12 month high of $17.25. The stock has a market capitalization of $35.16 million, a price-to-earnings ratio of -0.21 and a beta of 1.34. The firm’s fifty day simple moving average is $1.97 and its 200-day simple moving average is $2.44.

LivePerson (NASDAQ:LPSN) last posted its quarterly earnings data on Friday, May 8th. The technology company reported ($0.73) EPS for the quarter. The business had revenue of $56.96 million for the quarter. Analysts anticipate that LivePerson will post -4.63 earnings per share for the current year.

Institutional Trading of LivePerson

A number of large investors have recently made changes to their positions in the stock. Raymond James Financial Inc. grew its stake in 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 acquiring an additional 13,502 shares during the period. Texas Capital Bank Wealth Management Services Inc purchased a new position in shares of LivePerson in the 2nd quarter worth about $33,000. R Squared Ltd purchased a new position in LivePerson in the first quarter valued at approximately $42,000. Element Pointe Advisors LLC acquired a new position in shares of LivePerson during the 2nd quarter valued at $44,000. Finally, Price T Rowe Associates Inc. MD acquired a new position in shares of LivePerson during the fourth quarter worth about $65,000. Institutional investors and hedge funds own 79.83% of the company’s stock.

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.