Dodds Wealth LLC Takes Position in LivePerson, Inc. (NASDAQ:LPSN)

Dodds Wealth LLC purchased a new position in shares of LivePerson, Inc. (NASDAQ:LPSN) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 67,402 shares of the technology company’s stock, valued at approximately $96,000. Dodds Wealth LLC owned 0.07% of LivePerson at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Squarepoint Ops LLC boosted its holdings in LivePerson by 25.8% in the 2nd quarter. Squarepoint Ops LLC now owns 456,251 shares of the technology company’s stock valued at $265,000 after purchasing an additional 93,693 shares in the last quarter. AQR Capital Management LLC purchased a new stake in shares of LivePerson in the second quarter valued at approximately $159,000. GSA Capital Partners LLP acquired a new position in LivePerson during the third quarter worth $513,000. Charles Schwab Investment Management Inc. raised its position in LivePerson by 3.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 402,345 shares of the technology company’s stock worth $515,000 after acquiring an additional 15,032 shares in the last quarter. Finally, Wolverine Trading LLC lifted its holdings in LivePerson by 104.1% in the third quarter. Wolverine Trading LLC now owns 32,121 shares of the technology company’s stock valued at $40,000 after acquiring an additional 16,385 shares during the period. 79.83% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the stock. Craig Hallum cut shares of LivePerson from a “buy” rating to a “hold” rating and set a $1.00 price target on the stock. in a research note on Friday, November 8th. StockNews.com upgraded shares of LivePerson from a “sell” rating to a “hold” rating in a research report on Saturday, November 16th. One equities research analyst has rated the stock with a sell rating and eight have issued a hold rating to the company. According to data from MarketBeat.com, LivePerson presently has a consensus rating of “Hold” and a consensus target price of $1.25.

LivePerson Stock Up 1.4 %

Shares of NASDAQ LPSN opened at $1.41 on Friday. The company has a debt-to-equity ratio of 10.24, a current ratio of 1.27 and a quick ratio of 1.27. The firm’s 50-day moving average is $1.17 and its two-hundred day moving average is $1.16. LivePerson, Inc. has a 12-month low of $0.45 and a 12-month high of $2.84. The company has a market capitalization of $127.27 million, a PE ratio of -0.92 and a beta of 1.59.

LivePerson (NASDAQ:LPSN) last announced its earnings results on Thursday, November 7th. The technology company reported ($0.13) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.08). The firm had revenue of $74.24 million during the quarter, compared to analyst estimates of $71.56 million. LivePerson had a negative net margin of 18.72% and a negative return on equity of 111.48%. During the same period in the previous year, the firm posted ($0.08) EPS. Equities analysts anticipate that LivePerson, Inc. will post -0.41 EPS for the current fiscal year.

Insider Buying and Selling

In other news, Director Bruce Edward Hansen sold 84,944 shares of the company’s stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $0.85, for a total transaction of $72,202.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO John Deneen Collins sold 130,000 shares of the stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $0.85, for a total value of $110,500.00. Following the completion of the transaction, the chief financial officer now directly owns 997,604 shares in the company, valued at $847,963.40. This trade represents a 11.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 227,848 shares of company stock worth $203,091. 2.00% of the stock is owned by insiders.

LivePerson Profile

LivePerson, Inc engages in conversational artificial intelligence. It enables brands to leverage the Conversational Cloud's intelligence engine to connect with consumers through an integrated suite of mobile and online business messaging technologies. The company offers the Conversational Cloud, an enterprise-class digital customer conversation platform, which enables businesses and consumers to connect through conversational channels, such as voice, in-app, and mobile messaging.