Liquidity Services, Inc. (NASDAQ:LQDT – Get Free Report) CFO Jorge Celaya sold 3,842 shares of the business’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $37.26, for a total value of $143,152.92. Following the sale, the chief financial officer owned 66,895 shares in the company, valued at $2,492,507.70. This represents a 5.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Jorge Celaya also recently made the following trade(s):
- On Monday, June 1st, Jorge Celaya sold 9,951 shares of Liquidity Services stock. The stock was sold at an average price of $36.79, for a total value of $366,097.29.
- On Thursday, May 28th, Jorge Celaya sold 6,098 shares of Liquidity Services stock. The stock was sold at an average price of $36.40, for a total value of $221,967.20.
- On Tuesday, May 26th, Jorge Celaya sold 11,303 shares of Liquidity Services stock. The stock was sold at an average price of $35.24, for a total value of $398,317.72.
- On Wednesday, May 27th, Jorge Celaya sold 5,320 shares of Liquidity Services stock. The stock was sold at an average price of $36.06, for a total value of $191,839.20.
Liquidity Services Trading Up 3.0%
NASDAQ LQDT opened at $37.74 on Wednesday. The business’s 50-day moving average price is $34.31 and its two-hundred day moving average price is $32.11. Liquidity Services, Inc. has a 12 month low of $21.67 and a 12 month high of $38.83. The firm has a market capitalization of $1.18 billion, a PE ratio of 40.58 and a beta of 1.09.
Institutional Trading of Liquidity Services
Several institutional investors and hedge funds have recently modified their holdings of the stock. Wealth Enhancement Advisory Services LLC raised its stake in shares of Liquidity Services by 20.7% in the fourth 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 last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Liquidity Services by 0.7% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 57,698 shares of the business services provider’s stock worth $1,749,000 after purchasing an additional 426 shares during the last quarter. Franklin Resources Inc. raised its stake in shares of Liquidity Services by 3.9% in the third quarter. Franklin Resources Inc. now owns 17,753 shares of the business services provider’s stock worth $487,000 after purchasing an additional 660 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH raised its stake in shares of Liquidity Services by 7.3% in the fourth 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 last quarter. Finally, Diversified Trust Co grew its position in Liquidity Services by 9.0% in the 1st quarter. Diversified Trust Co now owns 8,955 shares of the business services provider’s stock worth $274,000 after purchasing an additional 742 shares in the last quarter. 71.15% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several equities research analysts recently commented on the company. Weiss Ratings upgraded Liquidity Services from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, May 7th. Zacks Research lowered Liquidity Services from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 7th. Barrington Research restated an “outperform” rating and set a $44.00 target price on shares of Liquidity Services in a research report on Thursday, May 21st. Finally, Wall Street Zen lowered Liquidity Services from a “strong-buy” rating to a “buy” rating in a research report on Saturday. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $44.00.
Read Our Latest Report on LQDT
About Liquidity Services
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.
Featured Stories
- Five stocks we like better than Liquidity Services
- The Bank of Mom and Dad Is Booming—3 Stocks to Watch
- Corning Is Paving AI’s Future With Glass
- Why’s Amazon Suddenly Lagging the S&P 500, and Is It a Warning?
- Crypto Winter Is Here: 3 Stocks To Put On Ice This Summer
Receive News & Ratings for Liquidity Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liquidity Services and related companies with MarketBeat.com's FREE daily email newsletter.
