Liquidity Services, Inc. (NASDAQ:LQDT – Get Free Report) Director Jaime Mateus-Tique sold 1,011 shares of the stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $37.95, for a total transaction of $38,367.45. Following the completion of the sale, the director owned 202,851 shares in the company, valued at $7,698,195.45. The trade was a 0.50% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Jaime Mateus-Tique also recently made the following trade(s):
- On Tuesday, June 23rd, Jaime Mateus-Tique sold 38,471 shares of Liquidity Services stock. The stock was sold at an average price of $37.99, for a total value of $1,461,513.29.
- On Thursday, June 18th, Jaime Mateus-Tique sold 9,791 shares of Liquidity Services stock. The stock was sold at an average price of $37.95, for a total value of $371,568.45.
- 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, June 15th, Jaime Mateus-Tique sold 2,000 shares of Liquidity Services stock. The shares were sold at an average price of $37.95, for a total transaction of $75,900.00.
- 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
LQDT stock traded up $0.46 during midday trading on Wednesday, hitting $38.90. 162,506 shares of the stock traded hands, compared to its average volume of 164,795. The firm has a market cap of $1.21 billion, a P/E ratio of 41.83 and a beta of 1.09. The stock’s fifty day simple moving average is $35.59 and its 200-day simple moving average is $32.71. Liquidity Services, Inc. has a 1-year low of $21.67 and a 1-year high of $39.55.
Hedge Funds Weigh In On Liquidity Services
A number of hedge funds have recently made changes to their positions in the company. AQR Capital Management LLC lifted its position in shares of Liquidity Services by 112.4% in the first quarter. AQR Capital Management LLC now owns 75,620 shares of the business services provider’s stock valued at $2,345,000 after acquiring an additional 40,021 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Liquidity Services by 18.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 27,854 shares of the business services provider’s stock worth $864,000 after purchasing an additional 4,344 shares in the last quarter. Caxton Associates LLP acquired a new position in Liquidity Services in the 1st quarter valued at $254,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Liquidity Services by 9.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 77,999 shares of the business services provider’s stock valued at $2,419,000 after purchasing an additional 6,488 shares during the last quarter. Finally, Jane Street Group LLC boosted its stake in Liquidity Services by 42.5% during the 1st quarter. Jane Street Group LLC now owns 49,221 shares of the business services provider’s stock worth $1,526,000 after purchasing an additional 14,684 shares during the last quarter. Institutional investors and hedge funds own 71.15% of the company’s stock.
Analyst Ratings Changes
Several analysts have commented on the company. Barrington Research reissued an “outperform” rating and issued a $44.00 price objective on shares of Liquidity Services in a report on Thursday, May 21st. Wall Street Zen lowered Liquidity Services from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 6th. Zacks Research cut shares of Liquidity Services from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 7th. Finally, Weiss Ratings raised shares of 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 MarketBeat, Liquidity Services presently has a consensus rating of “Hold” and an average target price of $44.00.
View Our Latest Analysis 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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