Liquidity Services, Inc. (NASDAQ:LQDT) CFO Sells $342,500.00 in Stock

Liquidity Services, Inc. (NASDAQ:LQDT) CFO Jorge Celaya sold 10,000 shares of the business’s stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $34.25, for a total transaction of $342,500.00. Following the completion of the transaction, the chief financial officer now owns 34,775 shares in the company, valued at $1,191,043.75. The trade was a 22.33 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Jorge Celaya also recently made the following trade(s):

• On Wednesday, February 12th, Jorge Celaya sold 7,500 shares of Liquidity Services stock. The shares were sold at an average price of $35.33, for a total transaction of $264,975.00.
• On Monday, December 16th, Jorge Celaya sold 16,540 shares of Liquidity Services stock. The shares were sold at an average price of $34.10, for a total transaction of $564,014.00.

Liquidity Services Price Performance

NASDAQ:LQDT opened at $36.48 on Friday. Liquidity Services, Inc. has a one year low of $16.58 and a one year high of $39.72. The company’s 50-day simple moving average is $33.29 and its 200 day simple moving average is $26.45. The firm has a market capitalization of $1.12 billion, a P/E ratio of 48.64 and a beta of 1.36.

Liquidity Services (NASDAQ:LQDT) last posted its quarterly earnings data on Thursday, February 6th. The business services provider reported $0.28 EPS for the quarter, topping the consensus estimate of $0.22 by $0.06. Liquidity Services had a net margin of 6.37% and a return on equity of 20.94%.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on LQDT. Craig Hallum lifted their target price on shares of Liquidity Services from $28.00 to $37.00 and gave the company a “buy” rating in a research note on Friday, December 13th. StockNews.com lowered shares of Liquidity Services from a “strong-buy” rating to a “buy” rating in a research note on Friday, February 7th. Finally, Barrington Research reaffirmed an “outperform” rating and set a $40.00 target price on shares of Liquidity Services in a research note on Tuesday.

Institutional Investors Weigh In On Liquidity Services

Hedge funds have recently bought and sold shares of the business. Harvest Fund Management Co. Ltd bought a new stake in Liquidity Services during the fourth quarter worth about $38,000. Quarry LP bought a new position in shares of Liquidity Services in the fourth quarter worth approximately $47,000. nVerses Capital LLC bought a new position in shares of Liquidity Services in the third quarter worth approximately $48,000. Aquatic Capital Management LLC lifted its stake in shares of Liquidity Services by 257.6% in the fourth quarter. Aquatic Capital Management LLC now owns 1,788 shares of the business services provider’s stock worth $58,000 after buying an additional 1,288 shares in the last quarter. Finally, R Squared Ltd bought a new position in shares of Liquidity Services in the fourth quarter worth approximately $66,000. Institutional investors own 71.15% of the company’s stock.

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.