Liquidity Services, Inc. (NASDAQ:LQDT) Director Sells $297,200.00 in Stock

Liquidity Services, Inc. (NASDAQ:LQDT) Director Jaime Mateus-Tique sold 10,000 shares of the stock in a transaction on Monday, April 14th. The shares were sold at an average price of $29.72, for a total value of $297,200.00. Following the sale, the director now owns 214,562 shares in the company, valued at approximately $6,376,782.64. This trade represents a 4.45 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Jaime Mateus-Tique also recently made the following trade(s):

• On Wednesday, April 9th, Jaime Mateus-Tique sold 931 shares of Liquidity Services stock. The shares were sold at an average price of $29.43, for a total value of $27,399.33.
• On Monday, April 7th, Jaime Mateus-Tique sold 29,169 shares of Liquidity Services stock. The shares were sold at an average price of $29.06, for a total transaction of $847,651.14.
• On Monday, March 24th, Jaime Mateus-Tique sold 35,000 shares of Liquidity Services stock. The shares were sold at an average price of $31.93, for a total transaction of $1,117,550.00.

Liquidity Services Stock Up 2.0 %

LQDT stock opened at $31.00 on Thursday. The company has a market cap of $962.21 million, a price-to-earnings ratio of 41.33 and a beta of 1.39. The business has a fifty day simple moving average of $31.82 and a 200-day simple moving average of $29.35. Liquidity Services, Inc. has a 52 week low of $16.79 and a 52 week high of $39.72.

Liquidity Services (NASDAQ:LQDT) last released its quarterly earnings data on Thursday, February 6th. The business services provider reported $0.28 EPS for the quarter, topping analysts’ consensus estimates 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 Analysts Forecast Growth

Several analysts have commented on the stock. Barrington Research reaffirmed an “outperform” rating and issued a $40.00 target price on shares of Liquidity Services in a research note on Wednesday, March 19th. StockNews.com cut shares of Liquidity Services from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, March 4th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of LQDT. Harvest Fund Management Co. Ltd purchased a new position in shares of Liquidity Services in the 4th quarter valued at $38,000. Quarry LP purchased a new stake in shares of Liquidity Services in the fourth quarter worth about $47,000. Aquatic Capital Management LLC grew its stake in shares of Liquidity Services by 257.6% in the fourth quarter. Aquatic Capital Management LLC now owns 1,788 shares of the business services provider’s stock valued at $58,000 after buying an additional 1,288 shares in the last quarter. R Squared Ltd purchased a new stake in shares of Liquidity Services during the 4th quarter valued at about $66,000. Finally, KLP Kapitalforvaltning AS acquired a new position in Liquidity Services during the 4th quarter worth approximately $132,000. 71.15% of the stock is 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.