LivePerson, Inc. (NASDAQ:LPSN) Short Interest Up 44.9% in March

LivePerson, Inc. (NASDAQ:LPSN) was the target of a significant growth in short interest in the month of March. As of March 13th, there was short interest totaling 1,396,616 shares, a growth of 44.9% from the February 26th total of 963,969 shares. Based on an average daily volume of 176,223 shares, the short-interest ratio is currently 7.9 days. Currently, 11.8% of the shares of the company are sold short.

LivePerson Stock Down 3.0%

Shares of NASDAQ LPSN traded down $0.08 during mid-day trading on Friday, reaching $2.60. 285,412 shares of the company were exchanged, compared to its average volume of 179,090. The stock has a market capitalization of $31.33 million, a P/E ratio of -0.20 and a beta of 1.42. The company’s 50-day simple moving average is $2.90 and its 200-day simple moving average is $4.95. LivePerson has a twelve month low of $2.39 and a twelve month high of $21.60.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of LivePerson in a research note on Monday, December 29th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, LivePerson has a consensus rating of “Reduce”.

Insiders Place Their Bets

In other LivePerson news, CEO Anthony John Sabino sold 12,594 shares of the business’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 transaction of $34,255.68. Following the transaction, the chief executive officer owned 196,171 shares of the company’s stock, valued at $533,585.12. The trade was a 6.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders sold a total of 21,873 shares of company stock worth $57,727 over the last 90 days. 2.00% of the stock is owned by insiders.

Institutional Trading of LivePerson

Several institutional investors have recently added to or reduced their stakes in the company. Quadrature Capital Ltd bought a new position in LivePerson during the 4th quarter worth $253,000. Aequim Alternative Investments LP bought a new stake in LivePerson in the 4th quarter valued at about $469,000. Price T Rowe Associates Inc. MD bought a new stake in LivePerson in the 4th quarter valued at about $65,000. Marshall Wace LLP acquired a new position in shares of LivePerson during the 4th quarter worth approximately $788,000. Finally, Linden Advisors LP acquired a new position in shares of LivePerson during the 3rd quarter worth approximately $6,489,000. 79.83% of the stock is currently owned by institutional investors.

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.