Liquidity Services, Inc. (NASDAQ:LQDT) Director Sells $27,399.33 in Stock

Liquidity Services, Inc. (NASDAQ:LQDT) Director Jaime Mateus-Tique sold 931 shares of the company’s stock in a transaction dated Wednesday, April 9th. The shares were sold at an average price of $29.43, for a total transaction of $27,399.33. Following the transaction, the director now owns 224,562 shares in the company, valued at $6,608,859.66. This represents a 0.41 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Jaime Mateus-Tique also recently made the following trade(s):

• On Monday, April 7th, Jaime Mateus-Tique sold 29,169 shares of Liquidity Services stock. The shares were sold at an average price of $29.06, for a total value of $847,651.14.
• On Monday, March 24th, Jaime Mateus-Tique sold 35,000 shares of Liquidity Services stock. The stock was sold at an average price of $31.93, for a total transaction of $1,117,550.00.

Liquidity Services Stock Performance

NASDAQ LQDT traded up $2.10 during trading on Wednesday, hitting $30.52. The stock had a trading volume of 543,561 shares, compared to its average volume of 198,020. The stock has a 50 day simple moving average of $32.28 and a 200 day simple moving average of $29.07. Liquidity Services, Inc. has a one year low of $16.79 and a one year high of $39.72. The stock has a market capitalization of $947.31 million, a price-to-earnings ratio of 40.69 and a beta of 1.39.

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

Analyst Ratings Changes

Several research analysts recently commented on the stock. Craig Hallum lifted their target price on shares of Liquidity Services from $28.00 to $37.00 and gave the stock a “buy” rating in a research note on Friday, December 13th. Barrington Research reaffirmed an “outperform” rating and issued a $40.00 target price on shares of Liquidity Services in a report on Wednesday, March 19th. Finally, StockNews.com cut shares of Liquidity Services from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, March 4th.

Institutional Investors Weigh In On Liquidity Services

Large investors have recently made changes to their positions in the stock. Harvest Fund Management Co. Ltd purchased a new position in shares of Liquidity Services during the 4th quarter valued at approximately $38,000. Quarry LP purchased a new position in Liquidity Services during the fourth quarter worth approximately $47,000. Aquatic Capital Management LLC grew its holdings 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 valued at $58,000 after purchasing an additional 1,288 shares during the period. R Squared Ltd purchased a new stake in shares of Liquidity Services during the 4th quarter valued at approximately $66,000. Finally, KLP Kapitalforvaltning AS purchased a new stake in Liquidity Services in the fourth quarter valued at $132,000. 71.15% of the stock is owned by hedge funds and other institutional investors.

About Liquidity Services

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.