LivePerson (LPSN) Earning Somewhat Favorable Media Coverage, Report Shows

News articles about LivePerson (NASDAQ:LPSN) have trended somewhat positive this week, Accern Sentiment reports. The research firm ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. LivePerson earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave news articles about the technology company an impact score of 46.1131862426954 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

These are some of the news articles that may have effected Accern Sentiment’s rankings:

NASDAQ LPSN opened at $15.85 on Tuesday. LivePerson has a 12 month low of $6.75 and a 12 month high of $16.60. The company has a market capitalization of $944.05, a P/E ratio of -264.17 and a beta of 0.85.

LivePerson (NASDAQ:LPSN) last released its earnings results on Tuesday, February 20th. The technology company reported ($0.04) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.02). LivePerson had a negative return on equity of 3.11% and a negative net margin of 8.31%. The business had revenue of $57.39 million during the quarter, compared to the consensus estimate of $56.60 million. analysts predict that LivePerson will post -0.07 earnings per share for the current fiscal year.

A number of research firms have commented on LPSN. BidaskClub downgraded shares of LivePerson from a “strong-buy” rating to a “buy” rating in a research report on Friday, April 6th. ValuEngine upgraded shares of LivePerson from a “hold” rating to a “buy” rating in a research report on Monday, April 2nd. B. Riley boosted their price target on shares of LivePerson to $19.00 and gave the stock a “buy” rating in a research report on Thursday, March 15th. Needham & Company LLC restated a “buy” rating and set a $18.00 price target on shares of LivePerson in a research report on Friday, March 16th. Finally, Zacks Investment Research downgraded shares of LivePerson from a “hold” rating to a “sell” rating in a research report on Thursday, January 4th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and eight have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $16.54.

In other news, CEO Robert P. Locascio sold 2,465 shares of LivePerson stock in a transaction that occurred on Tuesday, March 20th. The shares were sold at an average price of $15.30, for a total value of $37,714.50. Following the transaction, the chief executive officer now directly owns 321,191 shares of the company’s stock, valued at $4,914,222.30. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Daniel Richard Murphy sold 45,000 shares of LivePerson stock in a transaction that occurred on Thursday, March 29th. The stock was sold at an average price of $16.38, for a total transaction of $737,100.00. Following the completion of the transaction, the chief financial officer now directly owns 115,093 shares in the company, valued at $1,885,223.34. The disclosure for this sale can be found here. Insiders sold a total of 151,925 shares of company stock worth $2,403,794 over the last quarter. Insiders own 11.70% of the company’s stock.

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LivePerson Company Profile

LivePerson, Inc provides mobile and online business messaging solutions that power digital communication between brands and consumers. It operates in two segments, Business and Consumer. The Business segment facilitates real-time online interactions, such as chat, voice, and content delivery across multiple channels and screens for corporations of various sizes.

Insider Buying and Selling by Quarter for LivePerson (NASDAQ:LPSN)

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