Insider Selling: Liquidity Services, Inc. (NASDAQ:LQDT) CFO Sells 10,000 Shares of Stock

Liquidity Services, Inc. (NASDAQ:LQDT) CFO Jorge Celaya sold 10,000 shares of the stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of $22.03, for a total transaction of $220,300.00. Following the transaction, the chief financial officer now directly owns 52,407 shares in the company, valued at approximately $1,154,526.21. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• On Thursday, September 5th, Jorge Celaya sold 3,248 shares of Liquidity Services stock. The stock was sold at an average price of $21.51, for a total value of $69,864.48.

Liquidity Services Stock Performance

NASDAQ LQDT opened at $22.38 on Friday. The firm has a market capitalization of $683.26 million, a price-to-earnings ratio of 34.43 and a beta of 1.37. Liquidity Services, Inc. has a one year low of $13.99 and a one year high of $22.87. The company’s 50 day moving average price is $21.47 and its 200 day moving average price is $19.58.

Liquidity Services (NASDAQ:LQDT) last issued its earnings results on Thursday, August 8th. The business services provider reported $0.30 EPS for the quarter, beating analysts’ consensus estimates of $0.24 by $0.06. The business had revenue of $93.61 million for the quarter. Liquidity Services had a net margin of 5.91% and a return on equity of 18.47%. During the same period in the prior year, the business posted $0.28 EPS.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. grew its stake in shares of Liquidity Services by 3.0% in the first quarter. Vanguard Group Inc. now owns 1,821,231 shares of the business services provider’s stock valued at $33,875,000 after buying an additional 52,997 shares in the last quarter. Acadian Asset Management LLC raised its stake in shares of Liquidity Services by 7.2% during the first quarter. Acadian Asset Management LLC now owns 435,193 shares of the business services provider’s stock valued at $8,089,000 after purchasing an additional 29,070 shares during the period. Wellington Management Group LLP lifted its position in shares of Liquidity Services by 1.0% during the fourth quarter. Wellington Management Group LLP now owns 419,600 shares of the business services provider’s stock worth $7,221,000 after purchasing an additional 4,100 shares in the last quarter. Silvercrest Asset Management Group LLC boosted its stake in shares of Liquidity Services by 8.9% in the first quarter. Silvercrest Asset Management Group LLC now owns 777,960 shares of the business services provider’s stock valued at $14,470,000 after purchasing an additional 63,571 shares during the period. Finally, Dimensional Fund Advisors LP grew its holdings in Liquidity Services by 0.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,140,649 shares of the business services provider’s stock valued at $19,630,000 after purchasing an additional 7,868 shares in the last quarter. Institutional investors and hedge funds own 71.15% of the company’s stock.

Analyst Ratings Changes

Separately, Barrington Research reissued an “outperform” rating and set a $27.00 price target on shares of Liquidity Services in a research report on Monday, August 26th.

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.