Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Liveperson Inc shares valued at $1,365 were sold by Collins John DeNeen on Apr 10 ’24. At $0.76 per share, Collins John DeNeen sold 1,796 shares. The insider’s holdings dropped to 480,145 shares worth approximately $0.28 million following the completion of this transaction.
Also, Greenberg Monica L. sold 1,123 shares, netting a total of over 853 in proceeds. Following the sale of shares at $0.76 each, the insider now holds 206,221 shares.
Before that, Collins John DeNeen had sold 2,958 shares from its account. In a trade valued at $2,781, the CFO and COO traded Liveperson Inc shares for $0.94 each. Upon closing the transaction, the insider’s holdings decreased to 2,958 shares, worth approximately $0.28 million.
As published in a research note from ROTH MKM on February 29, 2024, Liveperson Inc [LPSN] has been rated down from a Buy to a Neutral and the price target has been revised to $2 from $6. Analysts at ROTH MKM upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in early August. As of August 09, 2023, Craig Hallum has increased its “Hold” rating to a “Buy” for LPSN. Earlier on July 12, 2023, Loop Capital upgraded its rating. Their new recommendation was “a Hold” for LPSN stock which previously was a “a Sell”.
Analyzing LPSN Stock Performance
During the last five days, there has been a drop of approximately -20.46%. Over the course of the year, Liveperson Inc shares have dropped approximately -84.64%. Shares of the company reached a 52-week high of $3.9800 on 01/09/24 and a 52-week low of $0.5512 on 04/16/24. A 50-day SMA is recorded $1.4665, while a 200-day SMA reached $3.0976. Nevertheless, trading volume fell to 3.22 million shares from 4.73 million shares the previous day.
Support And Resistance Levels for Liveperson Inc (LPSN)
According to the 24-hour chart, there is a support level at 0.5560, which, if violated, would cause prices to drop to 0.5296. In the upper region, resistance lies at 0.6199. The next price resistance is at 0.6574. RSI (Relative Strength Index) is 21.37 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.1826, which suggests the price will decrease in the coming days. Percent R is at 94.23%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
