Liquidity Services, Inc. (NASDAQ:LQDT – Get Free Report) Director Jaime Mateus-Tique sold 1,011 shares of the business’s stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $37.95, for a total value of $38,367.45. Following the completion of the sale, the director directly owned 202,851 shares in the company, valued at $7,698,195.45. This trade represents a 0.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.
Jaime Mateus-Tique also recently made the following trade(s):
- On Tuesday, June 23rd, Jaime Mateus-Tique sold 38,471 shares of Liquidity Services stock. The shares were sold at an average price of $37.99, for a total value of $1,461,513.29.
- On Thursday, June 18th, Jaime Mateus-Tique sold 9,791 shares of Liquidity Services stock. The stock was sold at an average price of $37.95, for a total value of $371,568.45.
- On Tuesday, June 16th, Jaime Mateus-Tique sold 33,727 shares of Liquidity Services stock. The stock was sold at an average price of $37.95, for a total transaction of $1,279,939.65.
- On Monday, June 15th, Jaime Mateus-Tique sold 2,000 shares of Liquidity Services stock. The stock was sold at an average price of $37.95, for a total transaction of $75,900.00.
- On Monday, May 11th, Jaime Mateus-Tique sold 6,913 shares of Liquidity Services stock. The shares were sold at an average price of $34.52, for a total transaction of $238,636.76.
Liquidity Services Stock Performance
NASDAQ:LQDT opened at $38.90 on Thursday. The firm has a market cap of $1.21 billion, a P/E ratio of 41.83 and a beta of 1.09. Liquidity Services, Inc. has a fifty-two week low of $21.67 and a fifty-two week high of $39.55. The firm has a 50-day simple moving average of $35.71 and a two-hundred day simple moving average of $32.77.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its holdings in Liquidity Services by 3.1% in the fourth 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 last quarter. Ameriprise Financial Inc. lifted its holdings in shares of Liquidity Services by 55.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,281,332 shares of the business services provider’s stock valued at $30,227,000 after buying an additional 454,988 shares during the period. Punch & Associates Investment Management Inc. lifted its holdings in shares of Liquidity Services by 1.1% during the 1st quarter. Punch & Associates Investment Management Inc. now owns 920,394 shares of the business services provider’s stock valued at $28,136,000 after buying an additional 10,148 shares during the period. Wellington Management Group LLP boosted its stake in shares of Liquidity Services by 18.3% in the 3rd quarter. Wellington Management Group LLP now owns 884,001 shares of the business services provider’s stock worth $24,248,000 after buying an additional 136,626 shares during the last quarter. Finally, State Street Corp boosted its stake in shares of Liquidity Services by 0.9% in the 4th quarter. State Street Corp now owns 866,467 shares of the business services provider’s stock worth $26,263,000 after buying an additional 7,919 shares during the last quarter. Institutional investors own 71.15% of the company’s stock.
Analyst Ratings Changes
Several equities analysts recently issued reports on the company. Weiss Ratings raised Liquidity Services from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, May 7th. Wall Street Zen lowered Liquidity Services from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 6th. Barrington Research restated an “outperform” rating and issued a $44.00 price target on shares of Liquidity Services in a research note on Thursday, May 21st. Finally, Zacks Research downgraded Liquidity Services from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 7th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Liquidity Services currently has a consensus rating of “Hold” and an average price target of $44.00.
Get Our Latest Stock Analysis on LQDT
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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