Liquidity Services, Inc. (NASDAQ:LQDT – Get Free Report) Director Jaime Mateus-Tique sold 9,791 shares of the business’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $37.95, for a total transaction of $371,568.45. Following the sale, the director directly owned 203,862 shares of the company’s stock, valued at approximately $7,736,562.90. This trade represents a 4.58% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Jaime Mateus-Tique also recently made the following trade(s):
- 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 stock was 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 shares were sold at an average price of $34.52, for a total transaction of $238,636.76.
Liquidity Services Price Performance
Shares of LQDT stock traded down $0.37 during trading hours on Monday, reaching $37.52. The company had a trading volume of 267,902 shares, compared to its average volume of 164,649. The company has a 50 day moving average of $35.36 and a 200 day moving average of $32.60. The firm has a market cap of $1.17 billion, a price-to-earnings ratio of 40.34 and a beta of 1.09. Liquidity Services, Inc. has a 1-year low of $21.67 and a 1-year high of $38.83.
Institutional Investors Weigh In On Liquidity Services
A number of hedge funds have recently modified their holdings of the business. Chatham Capital Group Inc. bought a new position in shares of Liquidity Services during the 4th quarter valued at about $1,325,000. Aristotle Capital Boston LLC increased its stake in Liquidity Services by 13.7% during the 3rd quarter. Aristotle Capital Boston LLC now owns 702,804 shares of the business services provider’s stock worth $19,278,000 after purchasing an additional 84,858 shares in the last quarter. Vanguard Group Inc. raised its holdings in Liquidity Services by 3.1% during the 4th quarter. Vanguard Group Inc. now owns 1,813,734 shares of the business services provider’s stock worth $54,974,000 after buying an additional 54,045 shares during the period. Miller Global Investments LLC bought a new position in Liquidity Services in the fourth quarter valued at approximately $648,000. Finally, Horizon Investments LLC bought a new position in Liquidity Services in the fourth quarter valued at approximately $598,000. Institutional investors and hedge funds own 71.15% of the company’s stock.
Wall Street Analyst Weigh In
A number of analysts have recently commented on the company. Weiss Ratings raised Liquidity Services from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, May 7th. Barrington Research reissued an “outperform” rating and set a $44.00 price objective on shares of Liquidity Services in a research note on Thursday, May 21st. Zacks Research cut shares of Liquidity Services from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 7th. Finally, Wall Street Zen downgraded shares of Liquidity Services from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 6th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Liquidity Services has a consensus rating of “Hold” and a consensus price target of $44.00.
View Our Latest Analysis 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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