Liquidity Services, Inc. (NASDAQ:LQDT – Get Free Report) CFO Jorge Celaya sold 9,951 shares of the company’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $36.79, for a total transaction of $366,097.29. Following the transaction, the chief financial officer owned 66,895 shares of the company’s stock, valued at approximately $2,461,067.05. This trade represents a 12.95% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Jorge Celaya also recently made the following trade(s):
- 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 transaction 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 transaction 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 transaction of $191,839.20.
Liquidity Services Stock Up 2.2%
LQDT opened at $36.94 on Friday. Liquidity Services, Inc. has a twelve month low of $21.67 and a twelve month high of $38.83. The company has a 50-day moving average price of $33.87 and a 200 day moving average price of $31.80. The company has a market cap of $1.15 billion, a PE ratio of 39.72 and a beta of 1.09.
Institutional Trading of Liquidity Services
A number of hedge funds have recently bought and sold shares of LQDT. Wealth Enhancement Advisory Services LLC boosted its position in Liquidity Services by 20.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,114 shares of the business services provider’s stock valued at $71,000 after buying an additional 363 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Liquidity Services by 0.7% in the 4th 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 valued at $1,749,000 after buying an additional 426 shares during the period. Franklin Resources Inc. boosted its position in Liquidity Services by 3.9% in the 3rd quarter. Franklin Resources Inc. now owns 17,753 shares of the business services provider’s stock valued at $487,000 after buying an additional 660 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH boosted its position in Liquidity Services by 7.6% in the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 10,002 shares of the business services provider’s stock valued at $274,000 after buying an additional 703 shares during the period. Finally, Diversified Trust Co boosted 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 valued at $274,000 after buying an additional 742 shares during the period. Institutional investors and hedge funds own 71.15% of the company’s stock.
Wall Street Analyst Weigh In
Several research firms recently weighed in on LQDT. Barrington Research restated an “outperform” rating and set a $44.00 price target on shares of Liquidity Services in a research report on Thursday, May 21st. Wall Street Zen upgraded shares of Liquidity Services from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 23rd. Weiss Ratings upgraded shares of Liquidity Services from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, May 7th. Finally, Zacks Research downgraded shares of Liquidity Services from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 7th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $44.00.
Read Our Latest Stock Analysis on Liquidity Services
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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