Liquidity Services, Inc. (NASDAQ:LQDT – Get Free Report) Director Jaime Mateus-Tique sold 1,011 shares of the company’s stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $37.95, for a total transaction of $38,367.45. Following the sale, the director directly owned 202,851 shares of the company’s stock, valued at $7,698,195.45. The trade was a 0.50% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Jaime Mateus-Tique also recently made the following trade(s):
- On Tuesday, June 23rd, Jaime Mateus-Tique sold 38,471 shares of Liquidity Services stock. The stock was sold at an average price of $37.99, for a total transaction of $1,461,513.29.
- On Thursday, June 18th, Jaime Mateus-Tique sold 9,791 shares of Liquidity Services stock. The stock was 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 shares were sold at an average price of $37.95, for a total transaction of $1,279,939.65.
- On Monday, June 15th, Jaime Mateus-Tique sold 2,000 shares of Liquidity Services stock. The shares were sold at an average price of $37.95, for a total transaction of $75,900.00.
- On Monday, May 11th, Jaime Mateus-Tique sold 6,913 shares of Liquidity Services stock. The stock was sold at an average price of $34.52, for a total transaction of $238,636.76.
Liquidity Services Trading Up 2.5%
LQDT opened at $39.09 on Friday. The firm’s 50 day simple moving average is $35.92 and its two-hundred day simple moving average is $32.88. The company has a market capitalization of $1.22 billion, a PE ratio of 42.03 and a beta of 1.09. Liquidity Services, Inc. has a 1-year low of $21.67 and a 1-year high of $39.55.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of LQDT. Wealth Enhancement Advisory Services LLC increased its stake in Liquidity Services by 20.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,114 shares of the business services provider’s stock worth $71,000 after buying an additional 363 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Liquidity Services by 0.7% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 57,698 shares of the business services provider’s stock valued at $1,749,000 after acquiring an additional 426 shares in the last quarter. Franklin Resources Inc. lifted its position in shares of Liquidity Services by 3.9% in the third quarter. Franklin Resources Inc. now owns 17,753 shares of the business services provider’s stock valued at $487,000 after acquiring an additional 660 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH boosted its stake in shares of Liquidity Services by 7.3% in the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 10,736 shares of the business services provider’s stock worth $336,000 after acquiring an additional 734 shares during the period. Finally, Diversified Trust Co boosted its stake in shares of Liquidity Services by 9.0% in the first quarter. Diversified Trust Co now owns 8,955 shares of the business services provider’s stock worth $274,000 after acquiring an additional 742 shares during the period. Hedge funds and other institutional investors own 71.15% of the company’s stock.
Wall Street Analyst Weigh In
LQDT has been the subject of a number of analyst reports. Weiss Ratings upgraded Liquidity Services from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday. Barrington Research reaffirmed an “outperform” rating and set a $44.00 price objective on shares of Liquidity Services in a research report on Thursday, May 21st. Zacks Research downgraded Liquidity Services from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 7th. Finally, Wall Street Zen lowered shares of Liquidity Services from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 6th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $44.00.
Get Our Latest Analysis on LQDT
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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