Liquidity Services, Inc. (NASDAQ:LQDT) Director Sells $813,540.00 in Stock

Liquidity Services, Inc. (NASDAQ:LQDT) Director Edward Kolodzieski sold 26,000 shares of the company’s stock in a transaction on Friday, December 20th. The stock was sold at an average price of $31.29, for a total value of $813,540.00. Following the transaction, the director now directly owns 19,229 shares in the company, valued at $601,675.41. This represents a 57.49 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, 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 stock was sold at an average price of $31.90, for a total transaction of $63,800.00.

Liquidity Services Trading Up 1.7 %

NASDAQ:LQDT opened at $31.72 on Wednesday. Liquidity Services, Inc. has a twelve month low of $13.99 and a twelve month high of $36.00. The company has a market capitalization of $968.41 million, a P/E ratio of 50.35 and a beta of 1.42. The firm has a 50-day moving average price of $25.49 and a two-hundred day moving average price of $22.77.

Wall Street Analyst Weigh In

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

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Franklin Resources Inc. lifted its holdings in Liquidity Services by 7.3% in the 3rd quarter. Franklin Resources Inc. now owns 15,009 shares of the business services provider’s stock valued at $339,000 after purchasing an additional 1,019 shares in the last quarter. Barclays PLC raised its stake in Liquidity Services by 307.3% during the third quarter. Barclays PLC now owns 39,427 shares of the business services provider’s stock worth $899,000 after purchasing an additional 29,746 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Liquidity Services by 0.5% in the 3rd quarter. Geode Capital Management LLC now owns 515,584 shares of the business services provider’s stock valued at $11,757,000 after purchasing an additional 2,392 shares during the last quarter. Jane Street Group LLC grew its stake in shares of Liquidity Services by 33.4% during the 3rd quarter. Jane Street Group LLC now owns 55,173 shares of the business services provider’s stock valued at $1,258,000 after buying an additional 13,804 shares during the period. Finally, State Street Corp increased its holdings in shares of Liquidity Services by 1.7% during the 3rd quarter. State Street Corp now owns 852,306 shares of the business services provider’s stock worth $19,433,000 after buying an additional 13,947 shares during the last quarter. 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.