BlackRock Updates LivePerson Stake in SC 13G/A Amendment 17

Ticker: LPSN · Form: SC 13G/A · Filed: Jan 24, 2024 · CIK: 1102993

Liveperson Inc SC 13G/A Filing Summary
FieldDetail
CompanyLiveperson Inc (LPSN)
Form TypeSC 13G/A
Filed DateJan 24, 2024
Risk Levellow
Sentimentneutral

Complexity: simple

Sentiment: neutral

Topics: institutional-ownership, amendment, passive-investing

TL;DR

**BlackRock just updated its LivePerson stake, watch for market reaction.**

AI Summary

BlackRock, Inc. filed an amended SC 13G/A on January 24, 2024, indicating its ownership in LivePerson Inc. as of December 31, 2023. This filing, Amendment No. 17, updates their previous disclosures regarding their stake in the company's Common Stock. This matters to investors because BlackRock is a major institutional investor, and changes in their reported holdings can signal their confidence (or lack thereof) in LivePerson's future prospects, potentially influencing other investors.

Why It Matters

This filing shows BlackRock's updated ownership in LivePerson, providing transparency on a major institutional investor's position, which can influence market sentiment.

Risk Assessment

Risk Level: low — This is a routine update from a large institutional investor and does not inherently signal high risk.

Analyst Insight

Investors should note BlackRock's continued presence as a major shareholder, but this routine amendment doesn't provide new actionable insights beyond confirming their ongoing stake. Further analysis of BlackRock's specific share count (not provided in this excerpt) would be needed to gauge any significant change in their position.

Key Numbers

  • 17 — Amendment Number (This is the 17th amendment to BlackRock's Schedule 13G filing for LivePerson Inc., indicating ongoing adjustments to their reported ownership.)
  • 538146101 — CUSIP Number (This unique identifier confirms the specific class of securities (Common Stock) of LivePerson Inc. that BlackRock is reporting on.)

Key Players & Entities

  • BlackRock, Inc. (company) — the reporting person and institutional investor
  • LIVEPERSON INC (company) — the subject company whose securities are being reported
  • December 31, 2023 (date) — the date of the event requiring the filing
  • January 24, 2024 (date) — the filing date of the SC 13G/A
  • Amendment No. 17 (number) — the specific amendment number of the filing

Forward-Looking Statements

  • BlackRock will continue to be a significant institutional holder of LivePerson Inc. shares. (BlackRock, Inc.) — high confidence, target: Q1 2025

FAQ

What type of filing is this document?

This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, as stated in the 'FORM TYPE: SC 13G/A' and 'SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 17)' sections.

Who is the reporting person in this filing?

The reporting person is BlackRock, Inc., as clearly identified under '(1)Names of reporting persons. BlackRock, Inc.' and in the 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc.' section.

What is the subject company whose securities are being reported on?

The subject company is LIVEPERSON INC, as indicated in the 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: LIVEPERSON INC' section and '(Name of Issuer) LIVEPERSON INC'.

What was the date of the event that required this filing?

The date of the event which required this filing was December 31, 2023, as stated under '(Date of Event Which Requires Filing of this Statement) December 31, 2023'.

Under which rule is this Schedule 13G/A filed?

This Schedule 13G/A is filed under Rule 13d-1(b), as indicated by the '[X] Rule 13d-1(b)' checkbox selection.

Filing Details

This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 24, 2024 regarding LIVEPERSON INC (LPSN).

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