Liveperson (LPSN) Receives a Rating Update from a Top Analyst

In a report released today, Brian Schwartz from Oppenheimer maintained a Hold rating on Liveperson (LPSNResearch Report). The company’s shares closed last Tuesday at $50.92.

According to TipRanks.com, Schwartz is a top 25 analyst with an average return of 32.3% and a 76.7% success rate. Schwartz covers the Technology sector, focusing on stocks such as Qualtrics International, Coupa Software, and RingCentral.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Liveperson with a $78.90 average price target.

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Liveperson’s market cap is currently $3.51B and has a P/E ratio of -33.70. The company has a Price to Book ratio of 27.31.

Based on the recent corporate insider activity of 73 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LPSN in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

LivePerson, Inc. engages in the provision of mobile and online messaging solutions. It operates through Business and Consumer segments. The Business segment enables brands to leverage intelligence engine to connect with consumers through an integrated suite of mobile and online business messaging technologies. The Consumer segment involves in facilitating online transactions between independent service providers and individual consumers seeking information and knowledge for a fee via mobile and online messaging. The company was founded by Robert P. LoCascio on November 29, 1995 and is headquartered in New York, NY.