Institutional investors and hedge funds own the majority of LivePerson’s stock, and some have increased their holdings recently. LivePerson provides mobile and online messaging solutions using Conversational Artificial Intelligence. The company operates through Business and Consumer segments. Credit Suisse Group upgraded LivePerson’s rating from “underperform” to “neutral.” Other research firms have also weighed in on the stock, with some downgrading and lowering their target price. LivePerson currently has a consensus rating of “Hold” and an average price target of $10.27, according to MarketBeat. Finally, those interested in receiving updates about LivePerson can subscribe to MarketBeat.com’s free daily email newsletter.
Credit Suisse Group has upgraded LivePerson’s rating from “underperform” to “neutral,” according to a report by The Fly. Other research firms such as Barclays, Mizuho, Roth Mkm, Evercore ISI, and Roth Capital have also given their views on the stock. Some have lowered their target price, and others have downgraded the stock. Currently, one analyst has given the stock a “sell” rating, nine have given a “hold” rating, and one has given a “buy” rating. According to MarketBeat, LivePerson has a consensus rating of “Hold” with an average price target of $10.27.
On Friday, shares of NASDAQ:LPSN opened at $4.21. The company has a market capitalization of $317.14 million, a price-to-earnings ratio of -1.43, and a beta of 1.58. LivePerson has a 12-month low of $3.81 and a 12-month high of $26.66. The business has a 50-day moving average price of $12.12 and a 200-day moving average price of $11.17. The company has a current ratio and quick ratio of 2.22 and a debt-to-equity ratio of 8.23.
Institutional inflows and outflows information were not provided.
Institutional investors and hedge funds own 86.39% of LivePerson’s stock. CWM LLC increased its holdings by 48.1% during the fourth quarter, owning 2,632 shares of the technology company’s stock worth $27,000. Allspring Global Investments Holdings LLC also grew its holdings in LivePerson by 67.4% during the third quarter, owning 3,888 shares valued at $36,000. Furthermore, Wolff Wiese Magana LLC’s holdings in LivePerson grew by 665.0% during the third quarter, owning 4,521 shares valued at $43,000. Point72 Middle East FZE acquired a new stake in the company during the fourth quarter valued at $57,000. Lastly, Tower Research Capital LLC TRC grew its holdings in LivePerson by 187.8% during the third quarter, owning 7,043 shares valued at $67,000.
LivePerson, Inc is a provider of mobile and online messaging solutions through Conversational Artificial Intelligence. Conversational AI enables natural language communication between humans and machines. The company operates through the Business and Consumer segments.
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