LivePerson (NASDAQ:LPSN) Announces Earnings Results, Beats Expectations By $0.06 EPS

LivePerson (NASDAQ:LPSN) posted its earnings results on Friday. The technology company reported ($0.73) EPS for the quarter, topping the consensus estimate of ($0.79) by $0.06, FiscalAI reports. The business had revenue of $56.96 million for the quarter, compared to analyst estimates of $53.74 million.

LivePerson Stock Performance

Shares of LivePerson stock traded down $0.15 during trading on Friday, reaching $2.53. The company’s stock had a trading volume of 117,834 shares, compared to its average volume of 160,936. The business’s fifty day moving average price is $2.79 and its 200-day moving average price is $3.80. The firm has a market cap of $30.49 million, a price-to-earnings ratio of -0.19 and a beta of 1.38. LivePerson has a one year low of $2.37 and a one year high of $21.60.

Insiders Place Their Bets

In other LivePerson news, CEO Anthony John Sabino sold 12,594 shares of the firm’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $2.72, for a total value of $34,255.68. Following the sale, the chief executive officer owned 196,171 shares of the company’s stock, valued at $533,585.12. This trade represents a 6.03% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. In the last ninety days, insiders sold 29,717 shares of company stock worth $77,886. 2.00% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On LivePerson

Hedge funds have recently modified their holdings of the business. Vanguard Group Inc. increased its position in LivePerson by 2.7% during the third quarter. Vanguard Group Inc. now owns 3,830,467 shares of the technology company’s stock worth $2,233,000 after acquiring an additional 100,727 shares during the period. Raymond James Financial Inc. boosted its holdings in LivePerson by 31.3% in the 3rd quarter. Raymond James Financial Inc. now owns 56,656 shares of the technology company’s stock valued at $33,000 after purchasing an additional 13,502 shares during the period. TENOR CAPITAL MANAGEMENT Co. L.P. acquired a new stake in LivePerson in the 3rd quarter worth $1,849,000. Marshall Wace LLP acquired a new stake in LivePerson in the 4th quarter worth $788,000. Finally, Price T Rowe Associates Inc. MD bought a new position in shares of LivePerson during the 4th quarter worth about $65,000. 79.83% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of LivePerson in a research note on Friday, March 27th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.

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.