Liquidity Services, Inc. (NASDAQ:LQDT – Get Free Report) Director Jaime Mateus-Tique sold 52,061 shares of Liquidity Services stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $33.20, for a total value of $1,728,425.20. Following the completion of the transaction, the director owned 99,111 shares in the company, valued at $3,290,485.20. This trade represents a 34.44% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Jaime Mateus-Tique also recently made the following trade(s):
- On Friday, February 6th, Jaime Mateus-Tique sold 1,100 shares of Liquidity Services stock. The stock was sold at an average price of $33.19, for a total transaction of $36,509.00.
- On Thursday, February 5th, Jaime Mateus-Tique sold 12,290 shares of Liquidity Services stock. The shares were sold at an average price of $33.20, for a total transaction of $408,028.00.
Liquidity Services Price Performance
NASDAQ LQDT traded up $0.68 on Monday, hitting $33.19. The stock had a trading volume of 213,728 shares, compared to its average volume of 145,913. The business’s fifty day moving average price is $31.28 and its 200 day moving average price is $27.55. Liquidity Services, Inc. has a 52-week low of $21.67 and a 52-week high of $37.34. The stock has a market cap of $1.02 billion, a price-to-earnings ratio of 36.08 and a beta of 1.03.
Wall Street Analyst Weigh In
A number of brokerages have recently weighed in on LQDT. Zacks Research upgraded Liquidity Services to a “hold” rating in a research note on Wednesday, November 26th. Barrington Research set a $44.00 target price on shares of Liquidity Services in a research note on Friday. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Liquidity Services in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $44.00.
Check Out Our Latest Stock Report on Liquidity Services
Institutional Trading of Liquidity Services
Several institutional investors and hedge funds have recently bought and sold shares of LQDT. Legato Capital Management LLC increased its stake in shares of Liquidity Services by 9.6% in the fourth quarter. Legato Capital Management LLC now owns 34,332 shares of the business services provider’s stock worth $1,041,000 after acquiring an additional 3,012 shares during the period. Horizon Investments LLC purchased a new stake in Liquidity Services in the fourth quarter valued at $598,000. Vanguard Group Inc. grew its position in Liquidity Services by 3.1% during the 4th quarter. Vanguard Group Inc. now owns 1,813,734 shares of the business services provider’s stock worth $54,974,000 after purchasing an additional 54,045 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH grew its position in 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 during the period. Finally, Carnegie Investment Counsel purchased a new position in shares of Liquidity Services during the 4th quarter valued at about $208,000. 71.15% of the stock is currently owned by institutional investors and hedge funds.
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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