Liquidity Services, Inc. (NASDAQ:LQDT - Get Free Report) Director Jaime Mateus-Tique sold 931 shares of the stock in a transaction that occurred on Wednesday, April 9th. The shares were sold at an average price of $29.43, for a total transaction of $27,399.33. Following the completion of 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
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 transaction 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 Price Performance
Shares of LQDT opened at $30.52 on Thursday. The firm has a 50-day moving average of $32.07 and a 200-day moving average of $29.13. Liquidity Services, Inc. has a one year low of $16.79 and a one year high of $39.72. The company has a market cap of $947.31 million, a PE ratio of 40.69 and a beta of 1.39.
Liquidity Services (NASDAQ:LQDT - Get Free Report) last announced its quarterly earnings data 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%.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the company. Rhumbline Advisers lifted its stake in shares of Liquidity Services by 0.8% during the 1st quarter. Rhumbline Advisers now owns 63,884 shares of the business services provider's stock worth $1,981,000 after buying an additional 486 shares during the last quarter. GAMMA Investing LLC raised its stake in Liquidity Services by 3,194.8% in the 1st quarter. GAMMA Investing LLC now owns 159,764 shares of the business services provider's stock worth $5,152,000 after purchasing an additional 154,915 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Liquidity Services by 25.5% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 71,511 shares of the business services provider's stock worth $2,309,000 after purchasing an additional 14,542 shares in the last quarter. Squarepoint Ops LLC acquired a new stake in Liquidity Services in the 4th quarter worth about $317,000. Finally, Two Sigma Advisers LP raised its stake in Liquidity Services by 48.4% in the 4th quarter. Two Sigma Advisers LP now owns 69,300 shares of the business services provider's stock worth $2,238,000 after purchasing an additional 22,600 shares in the last quarter. Institutional investors own 71.15% of the company's stock.
Wall Street Analysts Forecast Growth
Several equities research analysts have weighed in on LQDT shares. StockNews.com lowered shares of Liquidity Services from a "strong-buy" rating to a "buy" rating in a report on Tuesday, March 4th. Barrington Research reiterated an "outperform" rating and issued a $40.00 target price on shares of Liquidity Services in a report on Wednesday, March 19th. Finally, Craig Hallum increased their target price on shares of Liquidity Services from $28.00 to $37.00 and gave the stock a "buy" rating in a report on Friday, December 13th.
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About Liquidity Services
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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.
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