Liquidity Services, Inc. (NASDAQ:LQDT – Get Free Report) EVP John Daunt sold 462 shares of Liquidity Services stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $39.13, for a total transaction of $18,078.06. Following the completion of the transaction, the executive vice president owned 38,086 shares in the company, valued at approximately $1,490,305.18. This represents a 1.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link.
John Daunt also recently made the following trade(s):
- On Friday, June 26th, John Daunt sold 39 shares of Liquidity Services stock. The shares were sold at an average price of $39.09, for a total value of $1,524.51.
- On Wednesday, June 24th, John Daunt sold 10,139 shares of Liquidity Services stock. The stock was sold at an average price of $39.24, for a total transaction of $397,854.36.
- On Friday, April 24th, John Daunt sold 2,600 shares of Liquidity Services stock. The stock was sold at an average price of $35.06, for a total transaction of $91,156.00.
- On Tuesday, April 14th, John Daunt sold 2,600 shares of Liquidity Services stock. The shares were sold at an average price of $33.02, for a total value of $85,852.00.
Liquidity Services Stock Performance
Liquidity Services stock traded up $0.02 during midday trading on Monday, reaching $38.38. The stock had a trading volume of 178,116 shares, compared to its average volume of 172,220. Liquidity Services, Inc. has a twelve month low of $21.67 and a twelve month high of $39.93. The stock has a market capitalization of $1.20 billion, a PE ratio of 41.27 and a beta of 1.07. The stock’s 50-day simple moving average is $36.40 and its 200 day simple moving average is $33.15.
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in the company. Tower Research Capital LLC TRC lifted its holdings in shares of Liquidity Services by 451.0% in the second quarter. Tower Research Capital LLC TRC now owns 2,700 shares of the business services provider’s stock valued at $64,000 after buying an additional 2,210 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in Liquidity Services by 20.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,114 shares of the business services provider’s stock worth $71,000 after purchasing an additional 363 shares during the period. Meeder Asset Management Inc. purchased a new position in shares of Liquidity Services during the first quarter valued at $97,000. Fifth Third Bancorp grew its stake in Liquidity Services by 4,505.7% during the 1st quarter. Fifth Third Bancorp now owns 3,224 shares of the business services provider’s stock valued at $99,000 after acquiring an additional 3,154 shares in the last quarter. Finally, Kemnay Advisory Services Inc. purchased a new position in Liquidity Services during the fourth quarter valued at approximately $163,000. Institutional investors and hedge funds own 71.15% of the company’s stock.
Analyst Upgrades and Downgrades
Several research analysts recently commented on the company. Weiss Ratings upgraded Liquidity Services from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, June 24th. Barrington Research reiterated an “outperform” rating and set a $44.00 target price on shares of Liquidity Services in a research note on Thursday, May 21st. Zacks Research downgraded shares of Liquidity Services from a “hold” rating to a “strong sell” rating in a research report on Monday, June 29th. Finally, Wall Street Zen raised shares of Liquidity Services from a “buy” rating to a “strong-buy” rating in a report on Saturday. Two investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $44.00.
Get Our Latest Analysis on Liquidity Services
Liquidity Services Company Profile
Liquidity Services, Inc is a technology-driven provider of online marketplaces for surplus and remarketed assets. Through its wholly owned platforms—such as Liquidation.com, GovDeals, Machinio and GoIndustry DoveBid—the company connects sellers of industrial equipment, commercial inventory, government surplus and transportation assets with a broad base of registered buyers. Its solutions blend auction formats, fixed-price listings and managed-service offerings to support efficient asset disposition across a wide range of industries.
The company’s core services include asset valuation, marketing, inspection and logistics coordination.
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