LivePerson, Inc. (NASDAQ:LPSN) CFO Daniel Richard Murphy sold 45,000 shares of the firm’s stock in a transaction on Thursday, March 29th. The stock was sold at an average price of $16.38, for a total value of $737,100.00. Following the completion of the transaction, the chief financial officer now owns 115,093 shares in the company, valued at $1,885,223.34. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Daniel Richard Murphy also recently made the following trade(s):
- On Friday, March 16th, Daniel Richard Murphy sold 30,696 shares of LivePerson stock. The stock was sold at an average price of $15.69, for a total value of $481,620.24.
- On Tuesday, March 20th, Daniel Richard Murphy sold 55,000 shares of LivePerson stock. The stock was sold at an average price of $15.61, for a total value of $858,550.00.
- On Wednesday, March 7th, Daniel Richard Murphy sold 12,092 shares of LivePerson stock. The stock was sold at an average price of $15.34, for a total value of $185,491.28.
LPSN stock opened at $16.35 on Friday. LivePerson, Inc. has a 1-year low of $6.47 and a 1-year high of $16.60.
Several research firms have recently issued reports on LPSN. B. Riley raised their price target on LivePerson to $19.00 and gave the stock a “buy” rating in a research report on Thursday, March 15th. Zacks Investment Research lowered LivePerson from a “hold” rating to a “sell” rating in a research report on Thursday, January 4th. BidaskClub upgraded LivePerson from a “hold” rating to a “buy” rating in a research report on Saturday, February 17th. Northland Securities restated a “buy” rating and issued a $21.00 price target on shares of LivePerson in a research report on Friday, February 23rd. Finally, Needham & Company LLC restated a “buy” rating and issued a $18.00 price target on shares of LivePerson in a research report on Friday, March 16th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $16.54.
Hedge funds have recently bought and sold shares of the business. Ellington Management Group LLC bought a new position in LivePerson during the fourth quarter worth about $146,000. Public Employees Retirement System of Ohio bought a new position in LivePerson during the third quarter worth about $177,000. Advisor Group Inc. bought a new position in LivePerson during the third quarter worth about $189,000. Miles Capital Inc. bought a new position in LivePerson during the fourth quarter worth about $169,000. Finally, Macquarie Group Ltd. bought a new position in LivePerson during the third quarter worth about $215,000. Hedge funds and other institutional investors own 75.01% of the company’s stock.
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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.
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