Liquidity Services, Inc. (NASDAQ:LQDT) CFO Sells $264,975.00 in Stock

Liquidity Services, Inc. (NASDAQ:LQDT) CFO Jorge Celaya sold 7,500 shares of the company’s stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $35.33, for a total value of $264,975.00. Following the sale, the chief financial officer now owns 27,275 shares of the company’s stock, valued at $963,625.75. This represents a 21.57 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Jorge Celaya also recently made the following trade(s):

• On Monday, February 10th, Jorge Celaya sold 10,000 shares of Liquidity Services stock. The stock was sold at an average price of $34.25, for a total value of $342,500.00.
• On Monday, December 16th, Jorge Celaya sold 16,540 shares of Liquidity Services stock. The stock was sold at an average price of $34.10, for a total value of $564,014.00.

Liquidity Services Price Performance

Shares of NASDAQ LQDT opened at $36.48 on Friday. Liquidity Services, Inc. has a 1-year low of $16.58 and a 1-year high of $39.72. The business has a 50-day moving average of $33.29 and a 200-day moving average of $26.45. The company has a market capitalization of $1.12 billion, a price-to-earnings ratio of 48.64 and a beta of 1.36.

Liquidity Services (NASDAQ:LQDT) last issued its quarterly earnings results on Thursday, February 6th. The business services provider reported $0.28 EPS for the quarter, beating analysts’ consensus estimates of $0.22 by $0.06. Liquidity Services had a return on equity of 20.94% and a net margin of 6.37%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Access Investment Management LLC boosted its holdings in Liquidity Services by 0.4% in the fourth quarter. Access Investment Management LLC now owns 82,830 shares of the business services provider’s stock valued at $2,675,000 after purchasing an additional 345 shares during the last quarter. GAMMA Investing LLC boosted its holdings in Liquidity Services by 11.2% in the fourth quarter. GAMMA Investing LLC now owns 4,849 shares of the business services provider’s stock valued at $157,000 after purchasing an additional 487 shares during the last quarter. Franklin Resources Inc. boosted its holdings in Liquidity Services by 4.6% in the fourth quarter. Franklin Resources Inc. now owns 15,692 shares of the business services provider’s stock valued at $507,000 after purchasing an additional 683 shares during the last quarter. CANADA LIFE ASSURANCE Co boosted its holdings in Liquidity Services by 1.9% in the fourth quarter. CANADA LIFE ASSURANCE Co now owns 37,332 shares of the business services provider’s stock valued at $1,205,000 after purchasing an additional 685 shares during the last quarter. Finally, Willis Investment Counsel boosted its holdings in Liquidity Services by 1.6% in the fourth quarter. Willis Investment Counsel now owns 52,320 shares of the business services provider’s stock valued at $1,689,000 after purchasing an additional 800 shares during the last quarter. Hedge funds and other institutional investors own 71.15% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the company. StockNews.com lowered Liquidity Services from a “strong-buy” rating to a “buy” rating in a research note on Friday, February 7th. Barrington Research reaffirmed an “outperform” rating and issued a $40.00 target price on shares of Liquidity Services in a research report on Tuesday. Finally, Craig Hallum upped their target price on Liquidity Services from $28.00 to $37.00 and gave the stock a “buy” rating in a research report on Friday, December 13th.

Liquidity Services Company Profile

Liquidity Services, Inc provides e-commerce marketplaces, self-directed auction listing tools, and value-added services in the United States and internationally. The company operates through four segments: GovDeals, Retail Supply Chain Group (RSCG), Capital Assets Group (CAG), and Machinio. Its marketplaces include liquidation.com that enable corporations to sell surplus and salvage consumer goods and retail capital assets; GovDeals marketplace, which provides self-directed service solutions in which sellers list their own assets that enables local and state government entities, and commercial businesses located in the United States and Canada to sell surplus and salvage assets; and AllSurplus, a centralized marketplace that connects global buyer base with assets from across the network of marketplaces in a single destination.