Liquidity Services, Inc. (NASDAQ:LQDT – Get Free Report) EVP John Daunt sold 715 shares of Liquidity Services stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $41.27, for a total transaction of $29,508.05. Following the transaction, the executive vice president directly owned 38,086 shares of the company’s stock, valued at approximately $1,571,809.22. This represents a 1.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
John Daunt also recently made the following trade(s):
- On Monday, August 3rd, John Daunt sold 715 shares of Liquidity Services stock. The shares were sold at an average price of $39.00, for a total value of $27,885.00.
- On Wednesday, July 1st, John Daunt sold 462 shares of Liquidity Services stock. The shares were sold at an average price of $39.13, for a total transaction of $18,078.06.
- On Friday, June 26th, John Daunt sold 39 shares of Liquidity Services stock. The stock was sold at an average price of $39.09, for a total value of $1,524.51.
- On Wednesday, June 24th, John Daunt sold 10,139 shares of Liquidity Services stock. The stock was sold at an average price of $39.24, for a total transaction of $397,854.36.
Liquidity Services Trading Up 0.2%
Shares of LQDT traded up $0.06 during trading hours on Wednesday, hitting $39.39. The company had a trading volume of 283,562 shares, compared to its average volume of 233,614. Liquidity Services, Inc. has a one year low of $21.67 and a one year high of $44.09. The company’s fifty day moving average price is $40.09 and its two-hundred day moving average price is $35.82. The company has a market capitalization of $1.23 billion, a PE ratio of 38.62 and a beta of 1.07.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the stock. Persistent Asset Partners Ltd purchased a new stake in Liquidity Services in the second quarter valued at $35,000. Quantbot Technologies LP purchased a new stake in Liquidity Services in the second quarter valued at approximately $53,000. Tower Research Capital LLC TRC raised its position in Liquidity Services by 451.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,700 shares of the business services provider’s stock valued at $64,000 after purchasing an additional 2,210 shares during the last quarter. Meeder Asset Management Inc. purchased a new position in Liquidity Services during the 1st quarter worth $97,000. Finally, Fifth Third Bancorp raised its holdings in shares of Liquidity Services by 4,505.7% in the first quarter. Fifth Third Bancorp now owns 3,224 shares of the business services provider’s stock valued at $99,000 after buying an additional 3,154 shares during the last quarter. Institutional investors and hedge funds own 71.15% of the company’s stock.
Analyst Ratings Changes
LQDT has been the subject of a number of recent research reports. Zacks Research upgraded shares of Liquidity Services from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 27th. Wall Street Zen raised shares of Liquidity Services from a “buy” rating to a “strong-buy” rating in a research report on Sunday, August 16th. Barrington Research set a $50.00 price target on Liquidity Services in a research note on Friday, August 7th. Finally, Weiss Ratings raised shares of Liquidity Services from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, August 11th. One analyst has rated the stock with a Strong Buy rating and two have assigned a Buy rating to the company’s stock. Based on data from MarketBeat, Liquidity Services currently has an average rating of “Buy” and a consensus price target of $50.00.
Read Our Latest Research 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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