Liquidity Services, Inc. (NASDAQ:LQDT) CFO Jorge Celaya Sells 7,500 Shares

Liquidity Services, Inc. (NASDAQ:LQDT) CFO Jorge Celaya sold 7,500 shares of the stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $35.33, for a total value of $264,975.00. Following the transaction, the chief financial officer now directly owns 27,275 shares in the company, valued at approximately $963,625.75. This represents a 21.57 % decrease in their position. The transaction 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, February 10th, Jorge Celaya sold 10,000 shares of Liquidity Services stock. The stock was sold at an average price of $34.25, for a total value of $342,500.00.
• On Monday, December 16th, Jorge Celaya sold 16,540 shares of Liquidity Services stock. The stock was sold at an average price of $34.10, for a total value of $564,014.00.

Liquidity Services Trading Up 2.2 %

Shares of Liquidity Services stock opened at $36.48 on Friday. Liquidity Services, Inc. has a twelve month low of $16.58 and a twelve month high of $39.72. The stock has a market capitalization of $1.12 billion, a price-to-earnings ratio of 48.64 and a beta of 1.36. The business’s 50 day simple moving average is $33.29 and its 200-day simple moving average is $26.45.

Liquidity Services (NASDAQ:LQDT) last posted its earnings results on Thursday, February 6th. The business services provider reported $0.28 EPS for the quarter, beating the consensus estimate of $0.22 by $0.06. Liquidity Services had a return on equity of 20.94% and a net margin of 6.37%.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on LQDT. StockNews.com cut Liquidity Services from a “strong-buy” rating to a “buy” rating in a research report on Friday, February 7th. Craig Hallum increased their price target on Liquidity Services from $28.00 to $37.00 and gave the stock a “buy” rating in a research report on Friday, December 13th. Finally, Barrington Research reiterated an “outperform” rating and set a $40.00 price target on shares of Liquidity Services in a research report on Tuesday.

Institutional Trading of Liquidity Services

Large investors have recently added to or reduced their stakes in the business. Harvest Fund Management Co. Ltd acquired a new stake in Liquidity Services in the 4th quarter valued at approximately $38,000. Quarry LP bought a new position in Liquidity Services during the 4th quarter valued at $47,000. nVerses Capital LLC bought a new position in Liquidity Services during the 3rd quarter valued at $48,000. Aquatic Capital Management LLC boosted its stake in Liquidity Services by 257.6% during the 4th quarter. Aquatic Capital Management LLC now owns 1,788 shares of the business services provider’s stock valued at $58,000 after purchasing an additional 1,288 shares in the last quarter. Finally, R Squared Ltd bought a new position in Liquidity Services during the 4th quarter valued at $66,000. 71.15% of the stock is currently owned by institutional investors and hedge funds.

Liquidity Services Company Profile

Liquidity Services, Inc provides e-commerce marketplaces, self-directed auction listing tools, and value-added services in the United States and internationally. The company operates through four segments: GovDeals, Retail Supply Chain Group (RSCG), Capital Assets Group (CAG), and Machinio. Its marketplaces include liquidation.com that enable corporations to sell surplus and salvage consumer goods and retail capital assets; GovDeals marketplace, which provides self-directed service solutions in which sellers list their own assets that enables local and state government entities, and commercial businesses located in the United States and Canada to sell surplus and salvage assets; and AllSurplus, a centralized marketplace that connects global buyer base with assets from across the network of marketplaces in a single destination.