Liquidity Services, Inc. (NASDAQ:LQDT – Get Free Report) EVP John Daunt sold 462 shares of the company’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $39.13, for a total transaction of $18,078.06. Following the completion of the sale, the executive vice president directly owned 38,086 shares of the company’s stock, valued at approximately $1,490,305.18. This represents a 1.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.
John Daunt also recently made the following trade(s):
- On Friday, June 26th, John Daunt sold 39 shares of Liquidity Services stock. The shares were sold at an average price of $39.09, for a total transaction of $1,524.51.
- On Wednesday, June 24th, John Daunt sold 10,139 shares of Liquidity Services stock. The stock was sold at an average price of $39.24, for a total value of $397,854.36.
- On Friday, April 24th, John Daunt sold 2,600 shares of Liquidity Services stock. The stock was sold at an average price of $35.06, for a total value of $91,156.00.
- On Tuesday, April 14th, John Daunt sold 2,600 shares of Liquidity Services stock. The shares were sold at an average price of $33.02, for a total value of $85,852.00.
Liquidity Services Stock Performance
LQDT opened at $37.91 on Thursday. Liquidity Services, Inc. has a one year low of $21.67 and a one year high of $39.93. The stock’s fifty day moving average is $36.60 and its 200-day moving average is $33.28. The company has a market capitalization of $1.18 billion, a PE ratio of 40.76 and a beta of 1.07.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the company. Chatham Capital Group Inc. acquired a new stake in shares of Liquidity Services in the fourth quarter worth $1,325,000. Vanguard Group Inc. raised its position in Liquidity Services by 3.1% during the fourth quarter. Vanguard Group Inc. now owns 1,813,734 shares of the business services provider’s stock valued at $54,974,000 after buying an additional 54,045 shares during the period. Miller Global Investments LLC purchased a new stake in Liquidity Services in the 4th quarter worth about $648,000. Aristotle Capital Boston LLC lifted its stake in Liquidity Services by 13.7% in the 3rd quarter. Aristotle Capital Boston LLC now owns 702,804 shares of the business services provider’s stock worth $19,278,000 after acquiring an additional 84,858 shares in the last quarter. Finally, Intech Investment Management LLC boosted its position in Liquidity Services by 344.8% during the 4th quarter. Intech Investment Management LLC now owns 57,560 shares of the business services provider’s stock worth $1,745,000 after acquiring an additional 44,618 shares during the period. 71.15% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of analysts recently weighed in on LQDT shares. Barrington Research restated an “outperform” rating and set a $44.00 target price on shares of Liquidity Services in a report on Thursday, May 21st. Weiss Ratings upgraded Liquidity Services from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, June 24th. Zacks Research lowered Liquidity Services from a “hold” rating to a “strong sell” rating in a research note on Monday, June 29th. Finally, Wall Street Zen upgraded Liquidity Services from a “buy” rating to a “strong-buy” rating in a report on Saturday, July 4th. Two investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Liquidity Services presently has a consensus rating of “Hold” and a consensus target price of $44.00.
Get Our Latest Research Report on LQDT
Liquidity Services Company Profile
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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