Liquidity Services, Inc. (NASDAQ:LQDT) Director Sells $176,800.00 in Stock

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

Liquidity Services Price Performance

Shares of NASDAQ LQDT opened at $34.31 on Monday. The stock has a market capitalization of $1.06 billion, a price-to-earnings ratio of 45.75 and a beta of 1.36. The business has a 50-day moving average of $33.96 and a 200-day moving average of $27.03. Liquidity Services, Inc. has a fifty-two week low of $16.79 and a fifty-two week high of $39.72.

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

Analyst Upgrades and Downgrades

A number of research firms have issued reports on LQDT. Craig Hallum increased their target price on Liquidity Services from $28.00 to $37.00 and gave the stock a “buy” rating in a report on Friday, December 13th. Barrington Research reiterated an “outperform” rating and set a $40.00 target price on shares of Liquidity Services in a report on Tuesday, February 11th. Finally, StockNews.com cut Liquidity Services from a “strong-buy” rating to a “buy” rating in a report on Wednesday, February 19th.

Hedge Funds Weigh In On Liquidity Services

Hedge funds have recently modified their holdings of the stock. Harvest Fund Management Co. Ltd bought a new position in shares of Liquidity Services in the 4th quarter valued at about $38,000. Quarry LP bought a new position in Liquidity Services during the fourth quarter worth about $47,000. Aquatic Capital Management LLC grew its holdings in 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 purchasing an additional 1,288 shares during the period. R Squared Ltd bought a new position in Liquidity Services during the fourth quarter worth about $66,000. Finally, KLP Kapitalforvaltning AS bought a new position in Liquidity Services during the fourth quarter worth about $132,000. 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.