Liquidity Services, Inc. (NASDAQ:LQDT – Get Free Report) Director Jaime Mateus-Tique sold 2,000 shares of the company’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $37.95, for a total value of $75,900.00. Following the completion of the sale, the director directly owned 247,380 shares in the company, valued at approximately $9,388,071. The trade was a 0.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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 value 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
NASDAQ:LQDT opened at $37.89 on Friday. The firm’s 50-day moving average price is $35.36 and its 200-day moving average price is $32.58. The company has a market capitalization of $1.18 billion, a PE ratio of 40.74 and a beta of 1.09. Liquidity Services, Inc. has a 1-year low of $21.67 and a 1-year high of $38.83.
Institutional Trading of Liquidity Services
A number of institutional investors and hedge funds have recently modified their holdings of the business. Ameriprise Financial Inc. lifted its holdings in shares of Liquidity Services by 55.1% during the second quarter. Ameriprise Financial Inc. now owns 1,281,332 shares of the business services provider’s stock valued at $30,227,000 after purchasing an additional 454,988 shares in the last quarter. Punch & Associates Investment Management Inc. lifted its stake in Liquidity Services by 38.9% during the 3rd quarter. Punch & Associates Investment Management Inc. now owns 909,743 shares of the business services provider’s stock valued at $24,954,000 after acquiring an additional 254,875 shares during the period. Millennium Management LLC lifted its stake in Liquidity Services by 141.9% during the 3rd quarter. Millennium Management LLC now owns 357,707 shares of the business services provider’s stock valued at $9,812,000 after acquiring an additional 209,807 shares during the period. Marshall Wace LLP boosted its holdings in shares of Liquidity Services by 835.0% during the 2nd quarter. Marshall Wace LLP now owns 181,535 shares of the business services provider’s stock valued at $4,282,000 after acquiring an additional 162,120 shares during the last quarter. Finally, Qube Research & Technologies Ltd grew its stake in shares of Liquidity Services by 120.7% in the second quarter. Qube Research & Technologies Ltd now owns 283,301 shares of the business services provider’s stock worth $6,683,000 after acquiring an additional 154,925 shares during the period. Institutional investors own 71.15% of the company’s stock.
Analyst Ratings Changes
Several analysts recently weighed in on LQDT shares. Wall Street Zen downgraded Liquidity Services from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 6th. Barrington Research reissued an “outperform” rating and issued a $44.00 target price on shares of Liquidity Services in a report on Thursday, May 21st. Zacks Research cut Liquidity Services from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 7th. Finally, Weiss Ratings upgraded Liquidity Services from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, May 7th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $44.00.
Read Our Latest Stock Report on Liquidity Services
Liquidity Services Company Profile
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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