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

Wall Street Zen downgraded shares of LivePerson (NASDAQ:LPSN) from a hold rating to a sell rating in a research report released on Saturday.

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of LivePerson in a research report on Wednesday, June 24th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

LivePerson Price Performance

Shares of LPSN stock opened at $2.84 on Friday. The firm’s 50-day moving average is $1.99 and its two-hundred day moving average is $2.44. LivePerson has a 12 month low of $1.40 and a 12 month high of $17.25. The company has a market capitalization of $35.05 million, a PE ratio of -0.21 and a beta of 1.34.

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

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of LPSN. BlackRock Inc. purchased a new stake in shares of LivePerson in the 2nd quarter valued at approximately $246,000. Marshall Wace LLP acquired a new position in shares of LivePerson in the 4th quarter worth approximately $788,000. TENOR CAPITAL MANAGEMENT Co. L.P. purchased a new position in shares of LivePerson during the 3rd quarter worth approximately $1,849,000. Vanguard Group Inc. boosted its position in shares of LivePerson by 2.7% during the 3rd quarter. Vanguard Group Inc. now owns 3,830,467 shares of the technology company’s stock worth $2,233,000 after purchasing an additional 100,727 shares during the period. Finally, Aequim Alternative Investments LP purchased a new position in shares of LivePerson during the 4th quarter worth approximately $469,000. Hedge funds and other institutional investors 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.