Liquidity Services Inc. (NASDAQ:LQDT) CFO Jorge Celaya sold 2,955 shares of the company’s stock in a transaction dated Tuesday, October 4th. The stock was sold at an average price of $10.52, for a total value of $31,086.60. Following the sale, the chief financial officer now owns 53,382 shares in the company, valued at approximately $561,578.64. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

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

  • On Wednesday, October 5th, Jorge Celaya sold 7,073 shares of Liquidity Services stock. The stock was sold at an average price of $10.51, for a total value of $74,337.23.
  • On Monday, October 3rd, Jorge Celaya sold 6,636 shares of Liquidity Services stock. The stock was sold at an average price of $10.65, for a total value of $70,673.40.

Liquidity Services Inc. (NASDAQ:LQDT) opened at 10.44 on Thursday. Liquidity Services Inc. has a 12-month low of $4.42 and a 12-month high of $11.49. The stock’s market cap is $320.94 million. The stock has a 50 day moving average price of $10.07 and a 200-day moving average price of $7.69.

Liquidity Services (NASDAQ:LQDT) last issued its earnings results on Thursday, August 4th. The company reported $0.07 earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.09) by $0.16. Liquidity Services had a negative return on equity of 3.11% and a negative net margin of 15.72%. The firm had revenue of $85.18 million for the quarter, compared to analysts’ expectations of $72.48 million. During the same quarter last year, the firm earned $0.14 earnings per share. The firm’s revenue for the quarter was down 5.1% compared to the same quarter last year. On average, equities analysts expect that Liquidity Services Inc. will post ($0.09) earnings per share for the current year.

Insider Buying and Selling by Quarter for Liquidity Services (NASDAQ:LQDT)

Hedge funds and other institutional investors have recently modified their holdings of the company. Roumell Asset Management LLC boosted its position in shares of Liquidity Services by 42.3% in the first quarter. Roumell Asset Management LLC now owns 584,560 shares of the company’s stock worth $3,028,000 after buying an additional 173,770 shares in the last quarter. Sterneck Capital Management LLC acquired a new position in Liquidity Services during the first quarter valued at approximately $853,000. Bogle Investment Management L P DE acquired a new position in Liquidity Services during the first quarter valued at approximately $513,000. Robotti Robert boosted its position in Liquidity Services by 31.0% in the second quarter. Robotti Robert now owns 406,369 shares of the company’s stock valued at $3,186,000 after buying an additional 96,269 shares during the period. Finally, Acadian Asset Management LLC boosted its position in Liquidity Services by 9.5% in the second quarter. Acadian Asset Management LLC now owns 1,054,694 shares of the company’s stock valued at $8,269,000 after buying an additional 91,489 shares during the period. Institutional investors own 65.33% of the company’s stock.

Separately, Zacks Investment Research downgraded Liquidity Services from a “buy” rating to a “hold” rating in a report on Thursday, July 7th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $6.65.

About Liquidity Services

Liquidity Services, Inc is an online auction marketplace for surplus and salvage assets. The Company operates through the operating auction marketplaces for sellers and buyers of surplus, salvage and scrap assets segment. The Company enables buyers and sellers to transact in an automated online auction environment offering over 500 product categories.

5 Day Chart for NASDAQ:LQDT

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