Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Liveperson Inc shares valued at $89,382 were sold by Collins John DeNeen on Sep 16 ’24. At $1.05 per share, Collins John DeNeen sold 85,126 shares. The insider’s holdings dropped to 287,604 shares worth approximately $0.3 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, Collins John DeNeen purchased 85,126 shares, netting a total of over 89,178 in proceeds.
Before that, Collins John DeNeen had sold 83,735 shares from its account. In a trade valued at $93,783, the CFO and COO traded Liveperson Inc shares for $1.12 each. Upon closing the transaction, the insider’s holdings decreased to 83,735 shares, worth approximately $0.39 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 -0.94%. Over the course of the year, Liveperson Inc shares have dropped approximately -72.30%. 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 $1.1958, while a 200-day SMA reached $1.5443. Nevertheless, trading volume fell to 1.7 million shares from 1.28 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 1.0333, which, if violated, would cause prices to drop to 1.0167. In the upper region, resistance lies at 1.0733. The next price resistance is at 1.0967. RSI (Relative Strength Index) is 42.82 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.0488, which suggests the price will decrease in the coming days. Percent R is at 85.71%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.