Liquidity Services, Inc. (NASDAQ:LQDT) Director Sells $63,800.00 in Stock

Liquidity Services, Inc. (NASDAQ:LQDT) Director Edward Kolodzieski sold 2,000 shares of the business’s stock in a transaction dated Monday, December 23rd. The shares were sold at an average price of $31.90, for a total value of $63,800.00. Following the completion of the transaction, the director now owns 17,229 shares in the company, valued at $549,605.10. This trade represents a 10.40 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Edward Kolodzieski also recently made the following trade(s):

• On Friday, December 20th, Edward Kolodzieski sold 26,000 shares of Liquidity Services stock. The shares were sold at an average price of $31.29, for a total value of $813,540.00.

Liquidity Services Stock Up 0.8 %

Shares of Liquidity Services stock traded up $0.24 during trading on Monday, reaching $31.20. The company’s stock had a trading volume of 259,844 shares, compared to its average volume of 142,236. The business has a 50 day moving average price of $25.14 and a 200-day moving average price of $22.60. Liquidity Services, Inc. has a 12-month low of $13.99 and a 12-month high of $36.00. The company has a market capitalization of $959.12 million, a P/E ratio of 49.52 and a beta of 1.42.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Barrington Research restated an “outperform” rating and set a $27.00 price target on shares of Liquidity Services in a research note on Tuesday, December 10th. StockNews.com raised shares of Liquidity Services from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Finally, Craig Hallum raised their target price on shares of Liquidity Services from $28.00 to $37.00 and gave the stock a “buy” rating in a research note on Friday, December 13th.

Institutional Investors Weigh In On Liquidity Services

Several institutional investors have recently made changes to their positions in the stock. nVerses Capital LLC purchased a new position in shares of Liquidity Services in the 3rd quarter valued at about $48,000. Ashton Thomas Private Wealth LLC acquired a new position in Liquidity Services during the second quarter worth about $87,000. GAMMA Investing LLC increased its holdings in Liquidity Services by 29.9% in the third quarter. GAMMA Investing LLC now owns 4,362 shares of the business services provider’s stock valued at $99,000 after buying an additional 1,005 shares in the last quarter. Centiva Capital LP purchased a new position in Liquidity Services in the third quarter valued at about $260,000. Finally, SG Americas Securities LLC acquired a new stake in shares of Liquidity Services during the 3rd quarter valued at approximately $298,000. 71.15% of the stock is currently owned by hedge funds and other institutional investors.

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.