Liquidity Services, Inc. (NASDAQ:LQDT – Get Free Report) Director Jaime Mateus-Tique sold 2,000 shares of Liquidity Services stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $37.95, for a total value of $75,900.00. Following the sale, the director directly owned 247,380 shares in the company, valued at approximately $9,388,071. This trade represents a 0.80% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Jaime Mateus-Tique also recently made the following trade(s):
- On Tuesday, June 16th, Jaime Mateus-Tique sold 33,727 shares of Liquidity Services stock. The shares were sold at an average price of $37.95, for a total transaction of $1,279,939.65.
- On Monday, May 11th, Jaime Mateus-Tique sold 6,913 shares of Liquidity Services stock. The shares were sold at an average price of $34.52, for a total transaction of $238,636.76.
Liquidity Services Price Performance
Shares of NASDAQ LQDT traded down $0.93 during mid-day trading on Wednesday, reaching $36.54. 197,351 shares of the company traded hands, compared to its average volume of 162,537. Liquidity Services, Inc. has a fifty-two week low of $21.67 and a fifty-two week high of $38.83. The firm has a market cap of $1.14 billion, a PE ratio of 39.29 and a beta of 1.09. The stock has a fifty day simple moving average of $35.02 and a 200-day simple moving average of $32.43.
Institutional Investors Weigh In On Liquidity Services
A number of institutional investors have recently modified their holdings of the stock. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Liquidity Services by 20.7% during 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 stake in shares of Liquidity Services by 0.7% during 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 stake in shares of Liquidity Services by 3.9% during 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 lifted its stake in shares of Liquidity Services by 7.3% in the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 10,736 shares of the business services provider’s stock valued at $336,000 after purchasing an additional 734 shares during the last quarter. Finally, Diversified Trust Co lifted its stake in shares of 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 purchasing an additional 742 shares during the last quarter. Institutional investors and hedge funds own 71.15% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research firms have issued reports on LQDT. Wall Street Zen lowered shares of Liquidity Services from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 6th. Weiss Ratings upgraded shares of Liquidity Services from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, May 7th. Barrington Research reaffirmed an “outperform” rating and issued a $44.00 price objective on shares of Liquidity Services in a research note on Thursday, May 21st. Finally, Zacks Research lowered shares of Liquidity Services from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 7th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $44.00.
View Our Latest Stock Report on LQDT
About Liquidity Services
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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