Liquidity Services, Inc. (NASDAQ:LQDT) Director Sells $65,800.00 in Stock

Liquidity Services, Inc. (NASDAQ:LQDTGet Free Report) Director Edward Kolodzieski sold 2,000 shares of the firm’s stock in a transaction on Tuesday, December 31st. The shares were sold at an average price of $32.90, for a total transaction of $65,800.00. Following the transaction, the director now directly owns 15,229 shares of the company’s stock, valued at $501,034.10. The trade was a 11.61 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

Edward Kolodzieski also recently made the following trade(s):

  • On Monday, December 23rd, Edward Kolodzieski sold 2,000 shares of Liquidity Services stock. The shares were sold at an average price of $31.90, for a total transaction of $63,800.00.
  • On Friday, December 20th, Edward Kolodzieski sold 26,000 shares of Liquidity Services stock. The shares were sold at an average price of $31.29, for a total value of $813,540.00.

Liquidity Services Price Performance

Shares of NASDAQ LQDT opened at $32.29 on Friday. Liquidity Services, Inc. has a 1-year low of $13.99 and a 1-year high of $36.00. The business’s 50 day moving average is $27.11 and its two-hundred day moving average is $23.47. The stock has a market capitalization of $992.63 million, a P/E ratio of 51.25 and a beta of 1.42.

Analysts Set New Price Targets

LQDT has been the subject of a number of research reports. StockNews.com raised Liquidity Services from a “buy” rating to a “strong-buy” rating in a research note on Saturday, December 21st. Barrington Research reiterated an “outperform” rating and set a $27.00 target price on shares of Liquidity Services in a research report on Tuesday, December 10th. Finally, Craig Hallum raised their target price on shares of Liquidity Services from $28.00 to $37.00 and gave the company a “buy” rating in a report on Friday, December 13th.

View Our Latest Analysis on Liquidity Services

Hedge Funds Weigh In On Liquidity Services

Several large investors have recently modified their holdings of the stock. nVerses Capital LLC purchased a new position in Liquidity Services during the third quarter worth $48,000. Ashton Thomas Private Wealth LLC bought a new stake in shares of Liquidity Services in the 2nd quarter worth about $87,000. GAMMA Investing LLC boosted its stake in shares of Liquidity Services by 29.9% during the 3rd quarter. GAMMA Investing LLC now owns 4,362 shares of the business services provider’s stock worth $99,000 after purchasing an additional 1,005 shares during the period. Centiva Capital LP bought a new position in Liquidity Services during the 3rd quarter valued at about $260,000. Finally, SG Americas Securities LLC purchased a new stake in Liquidity Services in the 3rd quarter worth about $298,000. Institutional investors own 71.15% of the company’s stock.

Liquidity Services Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Liquidity Services (NASDAQ:LQDT)

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