Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Liveperson Inc shares valued at $33,572 were sold by Kroman Alex on Apr 19 ’24. At $0.51 per share, Kroman Alex sold 65,828 shares. The insider’s holdings dropped to 120,047 shares worth approximately $61223.97 following the completion of this transaction.
Also, Collins John DeNeen sold 1,796 shares, netting a total of over 1,365 in proceeds. Following the sale of shares at $0.76 each, the insider now holds 480,145 shares.
Before that, Greenberg Monica L. had sold 1,123 shares from its account. In a trade valued at $853, the EVP, Policy & General Counsel traded Liveperson Inc shares for $0.76 each. Upon closing the transaction, the insider’s holdings decreased to 1,123 shares, worth approximately $0.11 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 -13.19%. Over the course of the year, Liveperson Inc shares have dropped approximately -86.66%. Shares of the company reached a 52-week high of $3.9800 on 01/09/24 and a 52-week low of $0.4505 on 04/23/24. A 50-day SMA is recorded $1.2485, while a 200-day SMA reached $3.0018. Nevertheless, trading volume fell to 2.27 million shares from 5.46 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 0.4799, which, if violated, would cause prices to drop to 0.4543. In the upper region, resistance lies at 0.5247. The next price resistance is at 0.5439. RSI (Relative Strength Index) is 23.03 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.1310, which suggests the price will decrease in the coming days. Percent R is at 86.95%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
