Liquidity Services, Inc. (NASDAQ:LQDT – Get Free Report) Director Jaime Mateus-Tique sold 38,471 shares of the business’s stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $37.99, for a total transaction of $1,461,513.29. Following the completion of the transaction, the director owned 164,380 shares in the company, valued at approximately $6,244,796.20. This trade represents a 18.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Jaime Mateus-Tique also recently made the following trade(s):
- On Monday, June 22nd, Jaime Mateus-Tique sold 1,011 shares of Liquidity Services stock. The stock was sold at an average price of $37.95, for a total transaction of $38,367.45.
- On Thursday, June 18th, Jaime Mateus-Tique sold 9,791 shares of Liquidity Services stock. The shares were sold at an average price of $37.95, for a total transaction of $371,568.45.
- On Tuesday, June 16th, Jaime Mateus-Tique sold 33,727 shares of Liquidity Services stock. The stock was sold at an average price of $37.95, for a total value of $1,279,939.65.
- On Monday, June 15th, Jaime Mateus-Tique sold 2,000 shares of Liquidity Services stock. The stock was sold at an average price of $37.95, for a total value of $75,900.00.
- On Monday, May 11th, Jaime Mateus-Tique sold 6,913 shares of Liquidity Services stock. The shares were sold at an average price of $34.52, for a total value of $238,636.76.
Liquidity Services Trading Up 1.2%
Shares of Liquidity Services stock traded up $0.46 during trading on Wednesday, reaching $38.90. The company’s stock had a trading volume of 162,499 shares, compared to its average volume of 164,795. The stock has a 50-day moving average price of $35.59 and a two-hundred day moving average price of $32.71. The stock has a market capitalization of $1.21 billion, a P/E ratio of 41.83 and a beta of 1.09. Liquidity Services, Inc. has a one year low of $21.67 and a one year high of $39.55.
Hedge Funds Weigh In On Liquidity Services
Several large investors have recently bought and sold shares of the business. AQR Capital Management LLC boosted its stake in Liquidity Services by 112.4% in the first quarter. AQR Capital Management LLC now owns 75,620 shares of the business services provider’s stock valued at $2,345,000 after acquiring an additional 40,021 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Liquidity Services by 18.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 27,854 shares of the business services provider’s stock valued at $864,000 after purchasing an additional 4,344 shares during the period. Caxton Associates LLP acquired a new position in shares of Liquidity Services in the 1st quarter valued at $254,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Liquidity Services by 9.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 77,999 shares of the business services provider’s stock worth $2,419,000 after purchasing an additional 6,488 shares during the last quarter. Finally, Jane Street Group LLC boosted its position in shares of Liquidity Services by 42.5% in the 1st quarter. Jane Street Group LLC now owns 49,221 shares of the business services provider’s stock worth $1,526,000 after purchasing an additional 14,684 shares during the last quarter. 71.15% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several research analysts recently weighed in on LQDT shares. Wall Street Zen cut shares of Liquidity Services from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 6th. Barrington Research reissued an “outperform” rating and issued a $44.00 target price on shares of Liquidity Services in a research note on Thursday, May 21st. Zacks Research downgraded Liquidity Services from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 7th. Finally, Weiss Ratings upgraded Liquidity Services from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, May 7th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Liquidity Services presently has a consensus rating of “Hold” and a consensus target price of $44.00.
Check Out Our Latest Analysis on Liquidity Services
About Liquidity Services
Liquidity Services, Inc is a technology-driven provider of online marketplaces for surplus and remarketed assets. Through its wholly owned platforms—such as Liquidation.com, GovDeals, Machinio and GoIndustry DoveBid—the company connects sellers of industrial equipment, commercial inventory, government surplus and transportation assets with a broad base of registered buyers. Its solutions blend auction formats, fixed-price listings and managed-service offerings to support efficient asset disposition across a wide range of industries.
The company’s core services include asset valuation, marketing, inspection and logistics coordination.
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