Liquidity Services, Inc. (NASDAQ:LQDT) EVP Sells $92,473.14 in Stock

Liquidity Services, Inc. (NASDAQ:LQDT - Get Free Report) EVP John Daunt sold 2,767 shares of the stock in a transaction on Monday, February 10th. The shares were sold at an average price of $33.42, for a total value of $92,473.14. Following the sale, the executive vice president now owns 43,309 shares of the company's stock, valued at approximately $1,447,386.78. This represents a 6.01 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

John Daunt also recently made the following trade(s):

• On Tuesday, December 17th, John Daunt sold 4,546 shares of Liquidity Services stock. The shares were sold at an average price of $31.68, for a total value of $144,017.28.

Liquidity Services Stock Performance

Shares of NASDAQ LQDT traded up $0.77 during midday trading on Friday, reaching $36.48. 332,765 shares of the stock were exchanged, compared to its average volume of 281,738. The company has a 50 day simple moving average of $33.29 and a 200 day simple moving average of $26.48. The stock has a market capitalization of $1.12 billion, a P/E ratio of 48.64 and a beta of 1.36. Liquidity Services, Inc. has a twelve month low of $16.58 and a twelve month high of $39.72.

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, topping analysts' consensus estimates of $0.22 by $0.06. Liquidity Services had a net margin of 6.37% and a return on equity of 20.94%.

Institutional Trading of Liquidity Services

Several institutional investors have recently added to or reduced their stakes in the stock. Access Investment Management LLC increased its holdings in Liquidity Services by 0.4% in the 4th quarter. Access Investment Management LLC now owns 82,830 shares of the business services provider's stock valued at $2,675,000 after purchasing an additional 345 shares during the last quarter. GAMMA Investing LLC increased its holdings in Liquidity Services by 11.2% in the 4th quarter. GAMMA Investing LLC now owns 4,849 shares of the business services provider's stock valued at $157,000 after purchasing an additional 487 shares during the last quarter. Franklin Resources Inc. increased its holdings in Liquidity Services by 4.6% in the 4th quarter. Franklin Resources Inc. now owns 15,692 shares of the business services provider's stock valued at $507,000 after purchasing an additional 683 shares during the last quarter. CANADA LIFE ASSURANCE Co increased its holdings in Liquidity Services by 1.9% in the 4th quarter. CANADA LIFE ASSURANCE Co now owns 37,332 shares of the business services provider's stock valued at $1,205,000 after purchasing an additional 685 shares during the last quarter. Finally, Willis Investment Counsel increased its holdings in Liquidity Services by 1.6% in the 4th quarter. Willis Investment Counsel now owns 52,320 shares of the business services provider's stock valued at $1,689,000 after purchasing an additional 800 shares during the last quarter. Institutional investors and hedge funds own 71.15% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on LQDT. 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. StockNews.com lowered shares of Liquidity Services from a "strong-buy" rating to a "buy" rating in a research note on Friday, February 7th. Finally, Craig Hallum raised their price target on shares of Liquidity Services from $28.00 to $37.00 and gave the company a "buy" rating in a research note on Friday, December 13th.

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.