Liquidity Services, Inc. (NASDAQ:LQDT) Director Sells $176,800.00 in Stock

Liquidity Services, Inc. (NASDAQ:LQDT - Get Free Report) Director Beatriz V. Infante sold 5,000 shares of the business's stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $35.36, for a total transaction of $176,800.00. Following the sale, the director now directly owns 82,990 shares of the company's stock, valued at $2,934,526.40. This represents a 5.68 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Liquidity Services Price Performance

LQDT traded down $0.13 during trading hours on Tuesday, reaching $33.45. 95,896 shares of the stock traded hands, compared to its average volume of 332,093. Liquidity Services, Inc. has a fifty-two week low of $16.79 and a fifty-two week high of $39.72. The company has a market cap of $1.04 billion, a price-to-earnings ratio of 44.59 and a beta of 1.36. The firm's fifty day simple moving average is $33.96 and its two-hundred day simple moving average is $27.12.

Liquidity Services (NASDAQ:LQDT - Get Free Report) last issued its quarterly earnings data on Thursday, February 6th. The business services provider reported $0.28 earnings per share 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

Several research firms have recently weighed in on LQDT. Craig Hallum lifted their price objective on Liquidity Services from $28.00 to $37.00 and gave the company a "buy" rating in a research note on Friday, December 13th. StockNews.com downgraded shares of Liquidity Services from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, February 19th. Finally, Barrington Research reaffirmed an "outperform" rating and set a $40.00 price target on shares of Liquidity Services in a research report on Tuesday, February 11th.

Institutional Investors Weigh In On Liquidity Services

A number of institutional investors have recently modified their holdings of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Liquidity Services by 25.5% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 71,511 shares of the business services provider's stock worth $2,309,000 after acquiring an additional 14,542 shares in the last quarter. Squarepoint Ops LLC bought a new position in shares of Liquidity Services in the 4th quarter worth about $317,000. Two Sigma Advisers LP grew its position in shares of Liquidity Services by 48.4% during the 4th quarter. Two Sigma Advisers LP now owns 69,300 shares of the business services provider's stock valued at $2,238,000 after buying an additional 22,600 shares during the last quarter. Two Sigma Investments LP lifted its holdings in Liquidity Services by 108.1% in the fourth quarter. Two Sigma Investments LP now owns 98,014 shares of the business services provider's stock worth $3,165,000 after acquiring an additional 50,925 shares during the last quarter. Finally, Tidal Investments LLC grew its holdings in shares of Liquidity Services by 13.6% during the fourth quarter. Tidal Investments LLC now owns 40,415 shares of the business services provider's stock valued at $1,305,000 after purchasing an additional 4,849 shares during the last quarter. Institutional investors and hedge funds 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.