LivePerson, Inc. (NASDAQ:LPSN) is experiencing a decline in its stock price today, potentially influenced by recent insider trading activity. On January 6th, EVP Monica L. Greenberg sold 12,904 shares at an average price of $1.58, totaling $20,388.32. This transaction, which reduced her ownership by 2.22%, may have raised concerns among investors about the company's future prospects. Additionally, the stock has been subject to cautious analyst ratings, with a consensus target price of $1.25, which is below the current trading levels.
Despite being just 30 minutes into the trading day, LivePerson's stock has already seen a significant volume of 2,969,093 shares traded, representing 85.57% of its average daily volume of 3,469,982 shares. This indicates unusually high trading activity this morning. The stock is currently priced at $1.39, down 11.46% from the previous close of $1.57.