Liquidity Services Inc. (NASDAQ:LQDT) posted its quarterly earnings data on Thursday. The company reported ($0.02) EPS for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.06. Liquidity Services had a negative net margin of 15.72% and a negative return on equity of 3.11%. The company earned $78.50 million during the quarter, compared to analyst estimates of $77.21 million. During the same period in the prior year, the firm earned $0.07 earnings per share. The business’s quarterly revenue was down 1.0% on a year-over-year basis. Liquidity Services updated its Q1 guidance to ($0.31-0.22) EPS.

Shares of Liquidity Services (NASDAQ:LQDT) opened at 9.05 on Friday. Liquidity Services has a 1-year low of $4.42 and a 1-year high of $11.49. The firm’s 50-day moving average is $9.35 and its 200-day moving average is $8.49. The stock’s market capitalization is $278.21 million.

Earnings History for Liquidity Services (NASDAQ:LQDT)

In other Liquidity Services news, CFO Jorge Celaya sold 6,636 shares of Liquidity Services stock in a transaction on Monday, October 3rd. The stock was sold at an average price of $10.65, for a total transaction of $70,673.40. Following the completion of the transaction, the chief financial officer now directly owns 53,382 shares of the company’s stock, valued at $568,518.30. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Segundo Leoncio Casusol sold 6,945 shares of Liquidity Services stock in a transaction on Monday, October 10th. The shares were sold at an average price of $10.10, for a total value of $70,144.50. Following the transaction, the insider now directly owns 5,156 shares of the company’s stock, valued at $52,075.60. The disclosure for this sale can be found here. Company insiders own 21.60% of the company’s stock.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. American International Group Inc. boosted its position in Liquidity Services by 0.6% in the second quarter. American International Group Inc. now owns 18,492 shares of the company’s stock worth $145,000 after buying an additional 113 shares in the last quarter. Arizona State Retirement System boosted its position in Liquidity Services by 1.6% in the second quarter. Arizona State Retirement System now owns 12,737 shares of the company’s stock worth $100,000 after buying an additional 200 shares in the last quarter. Weber Alan W boosted its position in Liquidity Services by 1.3% in the third quarter. Weber Alan W now owns 15,200 shares of the company’s stock worth $171,000 after buying an additional 200 shares in the last quarter. California State Teachers Retirement System boosted its position in Liquidity Services by 0.8% in the third quarter. California State Teachers Retirement System now owns 52,676 shares of the company’s stock worth $592,000 after buying an additional 400 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its position in Liquidity Services by 0.3% in the third quarter. Principal Financial Group Inc. now owns 173,473 shares of the company’s stock worth $1,950,000 after buying an additional 497 shares in the last quarter. 66.91% of the stock is owned by institutional investors and hedge funds.

Liquidity Services Company Profile

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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