Liquidity Services, Inc. (NASDAQ:LQDT) CFO Jorge Celaya Sells 10,000 Shares of Stock

Liquidity Services, Inc. (NASDAQ:LQDT) CFO Jorge Celaya sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $34.25, for a total transaction of $342,500.00. Following the completion of the sale, the chief financial officer now directly owns 34,775 shares of the company’s stock, valued at $1,191,043.75. This represents a 22.33 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Jorge Celaya also recently made the following trade(s):

• On Wednesday, February 12th, Jorge Celaya sold 7,500 shares of Liquidity Services stock. The shares were sold at an average price of $35.33, for a total value of $264,975.00.
• On Monday, December 16th, Jorge Celaya sold 16,540 shares of Liquidity Services stock. The stock was sold at an average price of $34.10, for a total value of $564,014.00.

Liquidity Services Price Performance

Shares of Liquidity Services stock opened at $35.55 on Thursday. The company’s fifty day moving average price is $32.85 and its two-hundred day moving average price is $26.29. The firm has a market capitalization of $1.10 billion, a PE ratio of 47.40 and a beta of 1.36. Liquidity Services, Inc. has a 52-week low of $15.79 and a 52-week high of $39.72.

Liquidity Services (NASDAQ:LQDT) last announced its quarterly earnings results 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 net margin of 6.37% and a return on equity of 20.94%.

Institutional Investors Weigh In On Liquidity Services

Several large investors have recently made changes to their positions in LQDT. Access Investment Management LLC boosted its position in Liquidity Services by 0.4% in the fourth quarter. Access Investment Management LLC now owns 82,830 shares of the business services provider’s stock valued at $2,675,000 after buying an additional 345 shares in the last quarter. GAMMA Investing LLC raised its stake in shares of Liquidity Services by 11.2% in the fourth quarter. GAMMA Investing LLC now owns 4,849 shares of the business services provider’s stock valued at $157,000 after acquiring an additional 487 shares during the last quarter. Franklin Resources Inc. boosted its holdings in shares of Liquidity Services by 4.6% in the 4th quarter. Franklin Resources Inc. now owns 15,692 shares of the business services provider’s stock worth $507,000 after acquiring an additional 683 shares in the last quarter. Willis Investment Counsel boosted its holdings in shares of Liquidity Services by 1.6% in the 4th quarter. Willis Investment Counsel now owns 52,320 shares of the business services provider’s stock worth $1,689,000 after acquiring an additional 800 shares in the last quarter. Finally, Exchange Traded Concepts LLC grew its position in Liquidity Services by 2.6% during the 4th quarter. Exchange Traded Concepts LLC now owns 35,493 shares of the business services provider’s stock worth $1,146,000 after acquiring an additional 900 shares during the last quarter. Institutional investors own 71.15% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have weighed in on LQDT shares. StockNews.com lowered shares of Liquidity Services from a “strong-buy” rating to a “buy” rating in a research report on Friday, February 7th. Craig Hallum increased their price objective on Liquidity Services from $28.00 to $37.00 and gave the company a “buy” rating in a research report on Friday, December 13th. Finally, Barrington Research restated an “outperform” rating and issued a $40.00 price target on shares of Liquidity Services in a research report on Tuesday.

About Liquidity Services

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.