As of Monday, LivePerson Inc.’s (NASDAQ:LPSN) stock closed at $4.75, up from $4.72 the previous day. While LivePerson Inc. has overperformed by 0.64%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, LPSN fell by -65.58%, with highs and lows ranging from $18.17 to $3.18, whereas the simple moving average fell by -41.77% in the last 200 days.
On July 12, 2023, Loop Capital Upgraded LivePerson Inc. (NASDAQ: LPSN) to Hold.
Analysis of LivePerson Inc. (LPSN)
Further, the quarter-over-quarter decrease in sales is -17.30%, showing a negative trend in the upcoming months.
One of the most important indicators of LivePerson Inc.’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of -207.10% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.10, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and LPSN is recording 2.61M average volume. On a monthly basis, the volatility of the stock is set at 8.28%, whereas on a weekly basis, it is put at 6.84%, with a loss of -0.63% over the past seven days. Furthermore, long-term investors anticipate a median target price of $4.81, showing growth from the present price of $4.75, which can serve as yet another indication of whether LPSN is worth investing in or should be passed over.
How Do You Analyze LivePerson Inc. Shares?
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.90%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 87.90% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
Are institutional investors increasing their holdings in LPSN shares?
The recent increase in stakes in LPSN appears to be a result of several institutional investors and hedge funds increasing their positions. BlackRock Fund Advisors’s position in LPSN has decreased by -2.46% in the first quarter. The company now owns 11,492,543 shares of the stock, with a value of $51.95 million, following the sale of -289,466 additional shares during the last quarter. The Vanguard Group, Inc. made another decreased to its shares in LPSN during the first quarter, downing its stake by -2.93%. During the last quarter, the company picked up -264,947 additional shares for a total stake of worth $39.7 million, bringing number of shares owned by the company to 8,784,003.
During the first quarter, SSgA Funds Management, Inc. added a 236,210 position in LPSN. Fidelity Management & Research Co purchased an additional 2.04 million shares in the last quarter, increasing its holdings by 272.47%, now holding 2.79 million shares worth $12.6 million. At the end of the first quarter, Mackenzie Financial Corp. decreased its LPSN holdings by -8.70% and now holds 2.46 million LPSN shares valued at $11.11 million with the lessened -0.23 million shares during the period. LPSN shares are owned by institutional investors to the tune of 87.90% at present.