Liquidity Services, Inc. (NASDAQ:LQDT) VP Mark A. Shaffer Sells 3,633 Shares

Liquidity Services, Inc. (NASDAQ:LQDT) VP Mark A. Shaffer sold 3,633 shares of the stock in a transaction on Monday, February 10th. The stock was sold at an average price of $34.70, for a total value of $126,065.10. Following the transaction, the vice president now directly owns 46,200 shares in the company, valued at approximately $1,603,140. This represents a 7.29 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Liquidity Services Trading Up 3.5 %

Shares of LQDT opened at $35.55 on Thursday. The stock’s fifty day simple moving average is $32.85 and its 200 day simple moving average is $26.29. Liquidity Services, Inc. has a twelve month low of $15.79 and a twelve month high of $39.72. The firm has a market capitalization of $1.10 billion, a P/E ratio of 47.40 and a beta of 1.36.

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

Analyst Ratings Changes

Several research firms recently weighed in on LQDT. StockNews.com downgraded Liquidity Services from a “strong-buy” rating to a “buy” rating in a research report on Friday, February 7th. Barrington Research reiterated an “outperform” rating and set a $40.00 price objective on shares of Liquidity Services in a report on Tuesday. Finally, Craig Hallum boosted 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.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. ExodusPoint Capital Management LP purchased a new position in shares of Liquidity Services in the 4th quarter valued at $583,000. Franklin Resources Inc. boosted its position in Liquidity Services by 4.6% during the 4th quarter. Franklin Resources Inc. now owns 15,692 shares of the business services provider’s stock worth $507,000 after purchasing an additional 683 shares during the period. Alliancebernstein L.P. increased its holdings in Liquidity Services by 25.9% in the 4th quarter. Alliancebernstein L.P. now owns 23,084 shares of the business services provider’s stock valued at $745,000 after purchasing an additional 4,756 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its position in Liquidity Services by 57.9% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 457,351 shares of the business services provider’s stock valued at $14,768,000 after purchasing an additional 167,767 shares during the period. Finally, Robotti Robert acquired a new position in shares of Liquidity Services during the fourth quarter worth about $228,000. Hedge funds and other institutional investors own 71.15% of the company’s stock.

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.