Liquidity Services, Inc. (NASDAQ:LQDT) Director Beatriz V. Infante Sells 5,000 Shares

Liquidity Services, Inc. (NASDAQ:LQDT) Director Beatriz V. Infante sold 5,000 shares of the company’s stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $35.36, for a total value of $176,800.00. Following the sale, the director now directly owns 82,990 shares in the company, valued at $2,934,526.40. This represents a 5.68 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Liquidity Services Trading Down 3.5 %

Shares of LQDT stock opened at $34.31 on Friday. Liquidity Services, Inc. has a 12 month low of $16.79 and a 12 month high of $39.72. The company has a market cap of $1.06 billion, a P/E ratio of 45.75 and a beta of 1.36. The firm has a fifty day moving average price of $33.96 and a 200 day moving average price of $26.98.

Liquidity Services (NASDAQ:LQDT) last released its quarterly earnings data on Thursday, February 6th. The business services provider reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.06. Liquidity Services had a net margin of 6.37% and a return on equity of 20.94%.

Hedge Funds Weigh In On Liquidity Services

Large investors have recently bought and sold shares of the stock. Harvest Fund Management Co. Ltd acquired a new position in Liquidity Services in the fourth quarter valued at $38,000. Quarry LP acquired a new stake in shares of Liquidity Services during the fourth quarter worth about $47,000. Aquatic Capital Management LLC boosted its stake in shares of Liquidity Services by 257.6% during the fourth quarter. Aquatic Capital Management LLC now owns 1,788 shares of the business services provider’s stock worth $58,000 after buying an additional 1,288 shares during the period. R Squared Ltd acquired a new stake in shares of Liquidity Services during the fourth quarter worth about $66,000. Finally, KLP Kapitalforvaltning AS acquired a new stake in shares of Liquidity Services during the fourth quarter worth about $132,000. Institutional investors and hedge funds own 71.15% of the company’s stock.

Analyst Upgrades and Downgrades

LQDT has been the subject of a number of analyst reports. Craig Hallum boosted their target price on shares of Liquidity Services from $28.00 to $37.00 and gave the stock a “buy” rating in a research note on Friday, December 13th. Barrington Research reiterated an “outperform” rating and set a $40.00 target price on shares of Liquidity Services in a research note on Tuesday, February 11th. Finally, StockNews.com downgraded shares of Liquidity Services from a “strong-buy” rating to a “buy” rating in a research note on Wednesday.

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.