LiveVox Holdings, Inc. (NASDAQ:LVOX – Get Rating) CEO John D. Dilullo bought 7,000 shares of the business's stock in a transaction on Wednesday, November 30th. The stock was acquired at an average cost of $2.00 per share, for a total transaction of $14,000.00. Following the acquisition, the chief executive officer now directly owns 1,162,290 shares of the company's stock, valued at $2,324,580. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
LiveVox Trading Up 4.0 %
LiveVox stock opened at $2.35 on Friday. LiveVox Holdings, Inc. has a 52-week low of $1.40 and a 52-week high of $5.45. The company has a quick ratio of 4.75, a current ratio of 4.75 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $235.12 million, a price-to-earnings ratio of -5.00 and a beta of -0.89. The firm has a 50-day moving average price of $2.62 and a two-hundred day moving average price of $2.22.
Get LiveVox alerts:LiveVox (NASDAQ:LVOX – Get Rating) last issued its quarterly earnings data on Tuesday, November 8th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by ($0.01). LiveVox had a negative return on equity of 39.08% and a negative net margin of 32.81%. The business had revenue of $35.25 million for the quarter, compared to analyst estimates of $35.10 million. Sell-side analysts expect that LiveVox Holdings, Inc. will post -0.41 earnings per share for the current year.
Institutional Investors Weigh In On LiveVox
Hedge funds and other institutional investors have recently made changes to their positions in the business. B. Riley Financial Inc. bought a new stake in LiveVox during the 2nd quarter valued at approximately $30,000. Rhumbline Advisers bought a new stake in shares of LiveVox in the second quarter valued at approximately $40,000. Nuveen Asset Management LLC acquired a new stake in shares of LiveVox in the third quarter worth $40,000. Allspring Global Investments Holdings LLC bought a new position in LiveVox during the third quarter worth $47,000. Finally, Rockefeller Capital Management L.P. acquired a new position in LiveVox during the 3rd quarter valued at $59,000. 88.64% of the stock is owned by institutional investors and hedge funds.Analysts Set New Price Targets
Separately, Credit Suisse Group upped their target price on LiveVox from $2.50 to $3.00 and gave the company a "neutral" rating in a report on Wednesday, November 2nd. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $6.00.
About LiveVox
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LiveVox, Inc develops and provides cloud contact center software for businesses. Its products include Four Clouds, an outbound voice solution that enables to manage regulatory requirements with the option of three manual and one automated outbound dialing system; bundles, including two-way messaging, outbound campaigns and compliance, speech analytics, inbound contact center, and cloud interactive voice response (IVR) solutions; inbound voice solutions, which comprise automatic call distributor, IVR, and wallboards; and blended omnichannel solutions, such as voice, email, SMS, virtual agents, and webchat.
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