LivePerson, Inc. (LPSN) Shares Bought by OxFORD Asset Management LLP

OxFORD Asset Management LLP increased its position in LivePerson, Inc. (NASDAQ:LPSN) by 33.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 46,950 shares of the technology company’s stock after acquiring an additional 11,870 shares during the period. OxFORD Asset Management LLP owned about 0.08% of LivePerson worth $629,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Arizona State Retirement System grew its holdings in LivePerson by 0.7% during the second quarter. Arizona State Retirement System now owns 27,992 shares of the technology company’s stock valued at $308,000 after purchasing an additional 200 shares during the period. Texas Permanent School Fund grew its holdings in LivePerson by 1.7% during the second quarter. Texas Permanent School Fund now owns 39,257 shares of the technology company’s stock valued at $432,000 after purchasing an additional 644 shares during the period. Municipal Employees Retirement System of Michigan grew its holdings in LivePerson by 5.4% during the second quarter. Municipal Employees Retirement System of Michigan now owns 12,580 shares of the technology company’s stock valued at $138,000 after purchasing an additional 650 shares during the period. The Manufacturers Life Insurance Company grew its holdings in LivePerson by 3.0% during the second quarter. The Manufacturers Life Insurance Company now owns 43,917 shares of the technology company’s stock valued at $483,000 after purchasing an additional 1,285 shares during the period. Finally, Thrivent Financial For Lutherans grew its holdings in LivePerson by 6.8% during the second quarter. Thrivent Financial For Lutherans now owns 32,700 shares of the technology company’s stock valued at $360,000 after purchasing an additional 2,070 shares during the period. 75.79% of the stock is owned by institutional investors.

In other news, EVP Dustin Dean sold 2,500 shares of the business’s stock in a transaction dated Tuesday, October 3rd. The stock was sold at an average price of $14.35, for a total value of $35,875.00. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 11.40% of the stock is owned by insiders.

Several analysts have issued reports on the company. Needham & Company LLC assumed coverage on LivePerson in a report on Thursday, September 21st. They set a “buy” rating and a $16.00 price target for the company. Ladenburg Thalmann Financial Services reissued a “buy” rating and set a $17.50 price target (up previously from $15.00) on shares of LivePerson in a report on Tuesday, October 10th. Benchmark boosted their price target on LivePerson from $14.00 to $18.00 and gave the company a “buy” rating in a report on Tuesday, October 10th. Northland Securities reissued a “buy” rating and set a $15.00 price target on shares of LivePerson in a report on Friday, September 1st. Finally, B. Riley began coverage on LivePerson in a report on Thursday, December 14th. They set a “buy” rating and a $16.50 price target for the company. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $15.23.

LivePerson, Inc. (LPSN) opened at $11.40 on Tuesday. LivePerson, Inc. has a 52-week low of $5.43 and a 52-week high of $15.10. The company has a market capitalization of $672.68, a PE ratio of -26.51 and a beta of 1.19.

LivePerson (NASDAQ:LPSN) last announced its quarterly earnings data on Wednesday, November 1st. The technology company reported $0.05 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.05. LivePerson had a negative return on equity of 3.82% and a negative net margin of 2.32%. The business had revenue of $54.49 million for the quarter, compared to the consensus estimate of $54.55 million. During the same period in the previous year, the business earned ($0.02) earnings per share. The business’s revenue was down .1% on a year-over-year basis. analysts forecast that LivePerson, Inc. will post -0.02 EPS for the current fiscal year.

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LivePerson Profile

LivePerson, Inc (Liveperson) is a provider of mobile and online business messaging technologies that power digital communication between brands and consumers. The Company’s segments include Business and Consumer. The Business segment enables brands to leverage its cloud-based LiveEngage’s intelligence engine.

Institutional Ownership by Quarter for LivePerson (NASDAQ:LPSN)

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