In a filing, Liveperson Inc revealed its CFO and COO Collins John DeNeen unloaded Company’s shares for reported $2781.0 on Apr 02 ’24. In the deal valued at $0.94 per share,2,958 shares were sold. As a result of this transaction, Collins John DeNeen now holds 481,941 shares worth roughly $0.38 million.
Then, Greenberg Monica L. sold 1,957 shares, generating $1,840 in total proceeds. Upon selling the shares at $0.94, the EVP, Policy & General Counsel now owns 207,344 shares.
Before that, Pegueros Vanessa bought 5,000 shares. Liveperson Inc shares valued at $5,100 were divested by the Director at a price of $1.02 per share. As a result of the transaction, Pegueros Vanessa now holds 89,993 shares, worth roughly $70194.54000000001.
ROTH MKM downgraded its Liveperson Inc [LPSN] rating to a Neutral from a a Buy in a research note published on February 29, 2024; the price target was decreased to $2 from $6. A number of analysts have revised their coverage, including ROTH MKM’s analysts, who increased its forecast for the stock in early August from “a Neutral” to “a Buy”. Craig Hallum also remained covering LPSN and has increased its forecast on August 09, 2023 with a “Buy” recommendation from previously “Hold” rating. Loop Capital revised its rating on July 12, 2023. It rated LPSN as “a Hold” which previously was an “a Sell”.
Price Performance Review of LPSN
On Friday, Liveperson Inc [NASDAQ:LPSN] saw its stock fall -6.15% to $0.78. Over the last five days, the stock has lost -21.46%. Liveperson Inc shares have fallen nearly -79.33% since the year began. Nevertheless, the stocks have fallen -82.93% over the past one year. While a 52-week high of $6.41 was reached on 01/09/24, a 52-week low of $0.83 was recorded on 04/05/24. SMA at 50 days reached $1.8161, while 200 days put it at $3.2494. A total of 3.97 million shares were traded, compared to the trading of 2.44 million shares in the previous session.
Levels Of Support And Resistance For LPSN Stock
The 24-hour chart illustrates a support level at 0.7417, which if violated will result in even more drops to 0.7001. On the upside, there is a resistance level at 0.8392. A further resistance level may holdings at 0.8951. The Relative Strength Index (RSI) on the 14-day chart is 23.58, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.1424, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.44%. Stochastics %K at 3.29% indicates the stock is a buying.
How much short interest is there in Liveperson Inc?
A steep rise in short interest was recorded in Liveperson Inc stocks on Mar 15, 2024, growing by 1.59 million shares to a total of 6.6 million shares. Yahoo Finance data shows the prior-month short interest on Feb 15, 2024 was 5.01 million shares. There was a rise of 24.09%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 9.31% of the overall stock float, the days-to-cover ratio (short ratio) rose to 1.69.
