Liquidity Services, Inc. (NASDAQ:LQDT) VP Sells $126,065.10 in Stock

Liquidity Services, Inc. (NASDAQ:LQDT) VP Mark A. Shaffer sold 3,633 shares of the business’s stock in a transaction on Monday, February 10th. The stock was sold at an average price of $34.70, for a total transaction of $126,065.10. Following the transaction, the vice president now directly owns 46,200 shares in the company, valued at approximately $1,603,140. The trade was a 7.29 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Liquidity Services Price Performance

LQDT opened at $35.55 on Thursday. Liquidity Services, Inc. has a 12-month low of $15.79 and a 12-month high of $39.72. The stock has a market capitalization of $1.10 billion, a PE ratio of 47.40 and a beta of 1.36. The firm’s fifty day moving average price is $32.85 and its 200 day moving average price is $26.29.

Liquidity Services (NASDAQ:LQDT) last issued its 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 net margin of 6.37% and a return on equity of 20.94%.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of LQDT. Access Investment Management LLC raised its position in shares of Liquidity Services by 0.4% during 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 acquiring an additional 345 shares in the last quarter. GAMMA Investing LLC increased its stake in Liquidity Services by 11.2% during the fourth 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. raised its holdings in shares of Liquidity Services by 4.6% during the fourth quarter. Franklin Resources Inc. now owns 15,692 shares of the business services provider’s stock worth $507,000 after purchasing an additional 683 shares during the period. Willis Investment Counsel lifted its position in shares of Liquidity Services by 1.6% in the 4th quarter. Willis Investment Counsel now owns 52,320 shares of the business services provider’s stock worth $1,689,000 after buying an additional 800 shares during the last quarter. Finally, Exchange Traded Concepts LLC boosted its holdings in shares of Liquidity Services by 2.6% in the 4th quarter. Exchange Traded Concepts LLC now owns 35,493 shares of the business services provider’s stock valued at $1,146,000 after buying an additional 900 shares during the period. Institutional investors own 71.15% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Barrington Research reissued an “outperform” rating and issued a $40.00 price objective on shares of Liquidity Services in a research report on Tuesday. StockNews.com cut 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 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.

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.