Liveperson Inc (LPSN) Files Form 4 Insider Selling : Monica L. Greenberg Sells 1,551 Shares

Liveperson Inc (LPSN): Monica L. Greenberg , EVP, General Counsel of Liveperson Inc sold 1,551 shares on Sep 20, 2016. The Insider selling transaction was reported by the company on Sep 21, 2016 to the Securities and Exchange Commission. The shares were sold at $8.17 per share for a total value of $12,671.67 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 21, 2016, Robert P Locascio (Chief Executive Officer) sold 2,581 shares at $8.16 per share price.On Sep 21, 2016, Daryl Carlough (SVP, Global & Corp Controller) sold 468 shares at $8.15 per share price.Also, On Sep 21, 2016, Dustin Dean (EVP, Global Sales/Cust Success) sold 2,329 shares at $8.16 per share price.On Sep 21, 2015, William Wesemann (director) purchased 10,000 shares at $8.02 per share price.

Shares of LivePerson (LPSN) ended Tuesday, Sep 21, 2016 session in red amid volatile trading. The shares closed down -0.01 points or -0.12% at $8.19 with 1,96,588 shares getting traded. Post opening the session at $8.19, the shares hit an intraday low of $8.08 and an intraday high of $8.22 and the price vacillated in this range throughout the day. The company has a market cap of $473 M and the number of outstanding shares has been calculated to be 5,77,78,685 shares. The 52-week high of LivePerson is $8.39 and the 52-week low is $3.7402.

LivePerson Money Flow Index Chart

Company has been under the radar of several Street Analysts.LivePerson is Upgraded by The Benchmark Company to Buy and the brokerage firm has raised the Price Target to $ 9 from a previous price target of $6 .Earlier the firm had a rating of Hold on the company shares. The Rating was issued on Jul 7, 2016.

LivePerson Inc. (Liveperson) is a provider of digital engagement solutions offering a cloud-based platform. The Company’s platform enables businesses to connect with consumers through chat voice and content delivery across multiple channels and screens including Websites social media tablets and mobile devices. It monitors and analyzes a set of mobile and online consumer behavioral data on behalf of its customers. As a cloud computing or SaaS provider It provides solutions on a hosted basis. In addition to product offerings LivePerson provides professional services and business consulting to support deployment of its enterprise solutions. Its LiveEngage hosted engagement platform delivers actionable insights to get their existing online mobile and social platforms by engaging consumers based on a real-time understanding of consumer needs. Its Professional Services helps customers optimize the performance of its products through their online sales or service channel(s).

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