Liquidity Services, Inc. (NASDAQ:LQDT) CFO Jorge Celaya Sells 7,500 Shares

Liquidity Services, Inc. (NASDAQ:LQDT - Get Free Report) CFO Jorge Celaya sold 7,500 shares of the firm's stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $35.33, for a total transaction of $264,975.00. Following the completion of the transaction, the chief financial officer now directly owns 27,275 shares of the company's stock, valued at approximately $963,625.75. This trade represents a 21.57 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

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

• On Monday, February 10th, Jorge Celaya sold 10,000 shares of Liquidity Services stock. The stock was sold at an average price of $34.25, for a total value of $342,500.00.
• 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 Stock Up 2.2 %

Shares of Liquidity Services stock traded up $0.77 on Friday, reaching $36.48. 332,765 shares of the stock were exchanged, compared to its average volume of 281,738. Liquidity Services, Inc. has a twelve month low of $16.58 and a twelve month high of $39.72. The firm has a market capitalization of $1.13 billion, a price-to-earnings ratio of 48.64 and a beta of 1.36. The business has a 50 day moving average price of $33.29 and a two-hundred day moving average price of $26.51.

Liquidity Services (NASDAQ:LQDT - Get Free Report) last announced its quarterly earnings results on Thursday, February 6th. The business services provider reported $0.28 earnings per share (EPS) for the quarter, beating 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 Upgrades and Downgrades

LQDT has been the subject of several research analyst reports. StockNews.com downgraded Liquidity Services from a "strong-buy" rating to a "buy" rating in a research report on Friday, February 7th. Craig Hallum lifted their target price on Liquidity Services from $28.00 to $37.00 and gave the stock a "buy" rating in a research report on Friday, December 13th. Finally, Barrington Research restated an "outperform" rating and set a $40.00 price target on shares of Liquidity Services in a research note on Tuesday, February 11th.

Institutional Inflows and Outflows

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 approximately $38,000. Quarry LP acquired a new position in Liquidity Services in the fourth quarter valued at approximately $47,000. nVerses Capital LLC acquired a new position in Liquidity Services in the third quarter valued at approximately $48,000. Aquatic Capital Management LLC lifted its holdings in Liquidity Services by 257.6% in the fourth quarter. Aquatic Capital Management LLC now owns 1,788 shares of the business services provider's stock valued at $58,000 after acquiring an additional 1,288 shares during the period. Finally, R Squared Ltd acquired a new position in Liquidity Services in the fourth quarter valued at approximately $66,000. 71.15% of the stock is owned by institutional investors and hedge funds.

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.