Craig-Hallum Sticks to Their Hold Rating for Liveperson (LPSN)

In a report released today, Jeff Van Rhee from Craig-Hallum maintained a Hold rating on Liveperson, with a price target of $1.00. The company’s shares closed yesterday at $1.19.

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Van Rhee covers the Technology sector, focusing on stocks such as Rimini Street, Backblaze, and Cellebrite DI. According to TipRanks, Van Rhee has an average return of 9.3% and a 48.04% success rate on recommended stocks.

The word on The Street in general, suggests a Hold analyst consensus rating for Liveperson with a $1.17 average price target.

LPSN market cap is currently $111.7M and has a P/E ratio of -0.60.

Based on the recent corporate insider activity of 27 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. Last month, John DeNeen Collins, the CFO and COO of LPSN sold 21,966.00 shares for a total of $22,405.32.