400,975 Shares in LivePerson, Inc. (NASDAQ:LPSN) Bought by GSA Capital Partners LLP

GSA Capital Partners LLP acquired a new position in shares of LivePerson, Inc. (NASDAQ:LPSN) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 400,975 shares of the technology company’s stock, valued at approximately $513,000. GSA Capital Partners LLP owned about 0.44% of LivePerson as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of LPSN. Point72 DIFC Ltd purchased a new position in LivePerson during the second quarter worth $32,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in LivePerson during the second quarter worth $57,000. Tidal Investments LLC purchased a new stake in shares of LivePerson in the first quarter valued at $98,000. Price T Rowe Associates Inc. MD grew its position in shares of LivePerson by 94.4% in the first quarter. Price T Rowe Associates Inc. MD now owns 125,352 shares of the technology company’s stock valued at $126,000 after purchasing an additional 60,874 shares during the period. Finally, Virtu Financial LLC purchased a new stake in shares of LivePerson in the first quarter valued at $143,000. 79.83% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CAO Jeffrey Ford sold 21,935 shares of the business’s stock in a transaction dated Monday, October 21st. The stock was sold at an average price of $1.14, for a total value of $25,005.90. Following the transaction, the chief accounting officer now owns 378,707 shares in the company, valued at approximately $431,725.98. The trade was a 5.47 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO John Deneen Collins sold 85,126 shares of the business’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $1.05, for a total value of $89,382.30. Following the completion of the transaction, the chief financial officer now owns 287,604 shares in the company, valued at approximately $301,984.20. This trade represents a 22.84 % decrease in their position. The disclosure for this sale can be found here. Insiders own 2.00% of the company’s stock.

Wall Street Analyst Weigh In

LPSN has been the subject of a number of recent analyst reports. Needham & Company LLC reaffirmed a “hold” rating on shares of LivePerson in a research report on Thursday, August 1st. Craig Hallum downgraded LivePerson from a “buy” rating to a “hold” rating and set a $1.00 price target for the company. in a research report on Friday, November 8th. StockNews.com raised LivePerson from a “sell” rating to a “hold” rating in a research report on Saturday. Finally, Barclays boosted their price target on LivePerson from $0.75 to $1.00 and gave the company an “underweight” rating in a research report on Thursday, August 1st. One research analyst has rated the stock with a sell rating and eight have issued a hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $1.25.

LivePerson Trading Up 6.2 %

Shares of LPSN opened at $0.84 on Wednesday. The stock’s 50-day moving average is $1.10 and its two-hundred day moving average is $0.98. The stock has a market cap of $75.75 million, a PE ratio of -0.55 and a beta of 1.78. LivePerson, Inc. has a 12 month low of $0.45 and a 12 month high of $3.98. The company has a debt-to-equity ratio of 10.24, a current ratio of 1.27 and a quick ratio of 1.27.

About LivePerson

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.