Liquidity Services, Inc. (NASDAQ:LQDT) CMO Nicholas Rozdilsky Sells 30,000 Shares

Liquidity Services, Inc. (NASDAQ:LQDT) CMO Nicholas Rozdilsky sold 30,000 shares of the company’s stock in a transaction on Tuesday, June 8th. The stock was sold at an average price of $25.69, for a total value of $770,700.00. Following the sale, the chief marketing officer now owns 53,165 shares of the company’s stock, valued at $1,365,808.85. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Nicholas Rozdilsky also recently made the following trade(s):

  • On Wednesday, May 12th, Nicholas Rozdilsky sold 3,087 shares of Liquidity Services stock. The shares were sold at an average price of $27.83, for a total value of $85,911.21.
  • On Friday, May 7th, Nicholas Rozdilsky sold 6,176 shares of Liquidity Services stock. The shares were sold at an average price of $24.43, for a total value of $150,879.68.
  • On Monday, May 10th, Nicholas Rozdilsky sold 3,900 shares of Liquidity Services stock. The shares were sold at an average price of $24.81, for a total value of $96,759.00.

Liquidity Services stock opened at $23.23 on Friday. The firm has a market capitalization of $815.98 million, a price-to-earnings ratio of 51.62 and a beta of 1.07. Liquidity Services, Inc. has a 52 week low of $4.77 and a 52 week high of $30.00. The business’s 50-day moving average is $21.96.

Liquidity Services (NASDAQ:LQDT) last issued its quarterly earnings data on Thursday, May 6th. The business services provider reported $0.19 EPS for the quarter, beating the consensus estimate of $0.11 by $0.08. Liquidity Services had a return on equity of 20.28% and a net margin of 6.98%. The company had revenue of $61.79 million for the quarter, compared to analyst estimates of $55.37 million. Research analysts predict that Liquidity Services, Inc. will post 0.55 EPS for the current year.

A number of research firms have commented on LQDT. TheStreet upgraded Liquidity Services from a “c+” rating to a “b-” rating in a research note on Wednesday, May 12th. Zacks Investment Research cut Liquidity Services from a “buy” rating to a “hold” rating in a research note on Thursday.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Principal Financial Group Inc. grew its holdings in Liquidity Services by 2.5% in the first quarter. Principal Financial Group Inc. now owns 184,819 shares of the business services provider’s stock valued at $3,434,000 after purchasing an additional 4,483 shares during the period. Teachers Retirement System of The State of Kentucky acquired a new stake in Liquidity Services in the first quarter valued at approximately $137,000. Squarepoint Ops LLC acquired a new stake in Liquidity Services in the first quarter valued at approximately $361,000. Paloma Partners Management Co acquired a new stake in Liquidity Services in the first quarter valued at approximately $224,000. Finally, State of Wisconsin Investment Board acquired a new stake in Liquidity Services in the first quarter valued at approximately $347,000. 65.78% of the stock is currently owned by institutional investors.

About Liquidity Services

Liquidity Services, Inc provides e-commerce marketplace that enable buyers and sellers to transact in an automated environment. The company's marketplaces include liquidation.com that enable corporations to sell surplus and salvage consumer goods and retail capital assets; govdeals.com 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, as well as offers asset sales and marketing services; and AllSurplus.com, a centralized marketplace that connects global buyer base with assets from across the network of legacy marketplaces in a single destination, as well as also serves as heavy equipment vertical.

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