Liquidity Services, Inc. (NASDAQ:LQDT – Get Free Report) Director Jaime Mateus-Tique sold 1,100 shares of Liquidity Services stock in a transaction on Friday, February 6th. The shares were sold at an average price of $33.19, for a total transaction of $36,509.00. Following the completion of the sale, the director directly owned 151,172 shares of the company’s stock, valued at approximately $5,017,398.68. The trade was a 0.72% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.
Jaime Mateus-Tique also recently made the following trade(s):
- On Monday, February 9th, Jaime Mateus-Tique sold 52,061 shares of Liquidity Services stock. The shares were sold at an average price of $33.20, for a total value of $1,728,425.20.
- On Thursday, February 5th, Jaime Mateus-Tique sold 12,290 shares of Liquidity Services stock. The stock was sold at an average price of $33.20, for a total value of $408,028.00.
Liquidity Services Stock Performance
Shares of LQDT traded up $0.68 during trading hours on Monday, hitting $33.19. 213,728 shares of the company were exchanged, compared to its average volume of 145,913. The company has a market cap of $1.02 billion, a PE ratio of 36.08 and a beta of 1.03. The firm’s 50 day moving average is $31.28 and its 200-day moving average is $27.55. Liquidity Services, Inc. has a 52 week low of $21.67 and a 52 week high of $37.34.
Wall Street Analyst Weigh In
A number of research analysts recently issued reports on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Liquidity Services in a research note on Thursday, January 22nd. Zacks Research raised Liquidity Services to a “hold” rating in a research report on Wednesday, November 26th. Finally, Barrington Research set a $44.00 price objective on Liquidity Services in a research note on Friday. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Liquidity Services has an average rating of “Hold” and a consensus price target of $44.00.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in the stock. Legato Capital Management LLC raised its position in shares of Liquidity Services by 9.6% during the fourth quarter. Legato Capital Management LLC now owns 34,332 shares of the business services provider’s stock valued at $1,041,000 after buying an additional 3,012 shares during the last quarter. Horizon Investments LLC acquired a new position in Liquidity Services in the 4th quarter valued at approximately $598,000. Vanguard Group Inc. lifted its position in shares of Liquidity Services by 3.1% in the 4th quarter. Vanguard Group Inc. now owns 1,813,734 shares of the business services provider’s stock worth $54,974,000 after acquiring an additional 54,045 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH grew its holdings in shares of Liquidity Services by 7.3% during the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 10,736 shares of the business services provider’s stock worth $336,000 after purchasing an additional 734 shares in the last quarter. Finally, Carnegie Investment Counsel bought a new stake in shares of Liquidity Services during the fourth quarter valued at approximately $208,000. Institutional investors own 71.15% of the company’s stock.
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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