Jorge Celaya Sells 7,500 Shares of Liquidity Services, Inc. (NASDAQ:LQDT) Stock

Liquidity Services, Inc. (NASDAQ:LQDT) CFO Jorge Celaya sold 7,500 shares of Liquidity Services stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $35.33, for a total value of $264,975.00. Following the transaction, the chief financial officer now directly owns 27,275 shares of the company’s stock, valued at approximately $963,625.75. This represents a 21.57 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Jorge Celaya also recently made the following trade(s):

• On Monday, February 10th, Jorge Celaya sold 10,000 shares of Liquidity Services stock. The stock was sold at an average price of $34.25, for a total value of $342,500.00.
• On Monday, December 16th, Jorge Celaya sold 16,540 shares of Liquidity Services stock. The stock was sold at an average price of $34.10, for a total value of $564,014.00.

Liquidity Services Stock Up 0.5 %

NASDAQ LQDT opened at $35.71 on Friday. Liquidity Services, Inc. has a fifty-two week low of $16.11 and a fifty-two week high of $39.72. The stock has a market cap of $1.10 billion, a price-to-earnings ratio of 47.61 and a beta of 1.36. The business has a fifty day moving average of $33.06 and a 200-day moving average of $26.35.

Liquidity Services (NASDAQ:LQDT) last announced its quarterly earnings data on Thursday, February 6th. The business services provider reported $0.28 EPS 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%.

Institutional Investors Weigh In On Liquidity Services

A number of hedge funds and other institutional investors have recently made changes to their positions in LQDT. Harvest Fund Management Co. Ltd purchased a new stake in shares of Liquidity Services in the fourth quarter valued at $38,000. nVerses Capital LLC purchased a new stake in shares of Liquidity Services in the third quarter valued at $48,000. R Squared Ltd purchased a new stake in shares of Liquidity Services in the fourth quarter valued at $66,000. GAMMA Investing LLC grew its position in Liquidity Services by 29.9% during the third quarter. GAMMA Investing LLC now owns 4,362 shares of the business services provider’s stock valued at $99,000 after acquiring an additional 1,005 shares during the period. Finally, KLP Kapitalforvaltning AS purchased a new stake in Liquidity Services during the fourth quarter valued at about $132,000. Hedge funds and other institutional investors own 71.15% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Craig Hallum lifted their price objective on Liquidity Services from $28.00 to $37.00 and gave the stock a “buy” rating in a report on Friday, December 13th. Barrington Research reissued an “outperform” rating and issued a $40.00 price target on shares of Liquidity Services in a report on Tuesday. Finally, StockNews.com cut Liquidity Services from a “strong-buy” rating to a “buy” rating in a report on Friday, February 7th.

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.