Edward Kolodzieski Sells 26,000 Shares of Liquidity Services, Inc. (NASDAQ:LQDT) Stock

Liquidity Services, Inc. (NASDAQ:LQDT) Director Edward Kolodzieski sold 26,000 shares of the company’s stock in a transaction dated Friday, December 20th. The shares were sold at an average price of $31.29, for a total transaction of $813,540.00. Following the completion of the sale, the director now directly owns 19,229 shares of the company’s stock, valued at $601,675.41. This represents a 57.49 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

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

• On Monday, December 23rd, Edward Kolodzieski sold 2,000 shares of Liquidity Services stock. The stock was sold at an average price of $31.90, for a total transaction of $63,800.00.

Liquidity Services Stock Up 0.8 %

NASDAQ LQDT traded up $0.24 on Monday, reaching $31.20. The stock had a trading volume of 259,844 shares, compared to its average volume of 142,236. The stock has a fifty day moving average price of $25.14 and a two-hundred 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 firm has a market capitalization of $959.12 million, a price-to-earnings ratio of 49.52 and a beta of 1.42.

Institutional Investors Weigh In On Liquidity Services

Institutional investors have recently modified their holdings of the company. Pacer Advisors Inc. lifted its holdings in Liquidity Services by 9.5% during the 3rd quarter. Pacer Advisors Inc. now owns 881,234 shares of the business services provider’s stock worth $20,092,000 after buying an additional 76,794 shares in the last quarter. State Street Corp increased its holdings in Liquidity Services by 1.7% during the 3rd quarter. State Street Corp now owns 852,306 shares of the business services provider’s stock worth $19,433,000 after purchasing an additional 13,947 shares during the period. Geode Capital Management LLC raised its position in Liquidity Services by 0.5% in the 3rd quarter. Geode Capital Management LLC now owns 515,584 shares of the business services provider’s stock valued at $11,757,000 after purchasing an additional 2,392 shares in the last quarter. Acadian Asset Management LLC boosted its stake in shares of Liquidity Services by 15.7% in the 2nd quarter. Acadian Asset Management LLC now owns 503,600 shares of the business services provider’s stock valued at $10,060,000 after buying an additional 68,407 shares during the period. Finally, Rice Hall James & Associates LLC grew its position in shares of Liquidity Services by 1.3% during the third quarter. Rice Hall James & Associates LLC now owns 367,302 shares of the business services provider’s stock worth $8,374,000 after buying an additional 4,838 shares in the last quarter. 71.15% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

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.