Beatriz V. Infante Sells 5,000 Shares of Liquidity Services, Inc. (NASDAQ:LQDT) Stock

Liquidity Services, Inc. (NASDAQ:LQDT) Director Beatriz V. Infante sold 5,000 shares of Liquidity Services stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $35.36, for a total transaction of $176,800.00. Following the sale, the director now directly owns 82,990 shares in the company, valued at approximately $2,934,526.40. The trade was a 5.68 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Liquidity Services Stock Down 3.5 %

Shares of NASDAQ LQDT opened at $34.31 on Friday. The firm has a market cap of $1.06 billion, a price-to-earnings ratio of 45.75 and a beta of 1.36. Liquidity Services, Inc. has a 52-week low of $16.79 and a 52-week high of $39.72. The business’s 50 day moving average is $33.96 and its two-hundred day moving average is $26.98.

Liquidity Services (NASDAQ:LQDT) last announced its earnings results on Thursday, February 6th. The business services provider reported $0.28 earnings per share (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 Trading of Liquidity Services

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Harvest Fund Management Co. Ltd purchased a new stake in shares of Liquidity Services during the fourth quarter worth $38,000. Quarry LP purchased a new stake in shares of Liquidity Services during the fourth quarter worth $47,000. Aquatic Capital Management LLC increased its position in shares of Liquidity Services by 257.6% during the fourth quarter. Aquatic Capital Management LLC now owns 1,788 shares of the business services provider’s stock worth $58,000 after acquiring an additional 1,288 shares during the period. R Squared Ltd purchased a new stake in shares of Liquidity Services during the fourth quarter worth $66,000. Finally, KLP Kapitalforvaltning AS purchased a new stake in shares of Liquidity Services during the fourth quarter worth $132,000. Hedge funds and other institutional investors own 71.15% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on LQDT shares. Barrington Research reaffirmed an “outperform” rating and set a $40.00 price target on shares of Liquidity Services in a research report on Tuesday, February 11th. Craig Hallum lifted their price target on shares of Liquidity Services from $28.00 to $37.00 and gave the company a “buy” rating in a research report on Friday, December 13th. Finally, StockNews.com lowered Liquidity Services from a “strong-buy” rating to a “buy” rating in a research report on Wednesday.

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.