Insider Selling: Liquidity Services, Inc. (NASDAQ:LQDT) Insider Sells $269,574.48 in Stock

Liquidity Services, Inc. (NASDAQ:LQDT) insider Novelette Murray sold 7,938 shares of the firm’s stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $33.96, for a total value of $269,574.48. Following the completion of the transaction, the insider now directly owns 36,181 shares of the company’s stock, valued at $1,228,706.76. The trade was a 17.99 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Novelette Murray also recently made the following trade(s):

• On Wednesday, February 12th, Novelette Murray sold 10,000 shares of Liquidity Services stock. The shares were sold at an average price of $34.88, for a total value of $348,800.00.

Liquidity Services Trading Up 1.3 %

Liquidity Services stock opened at $33.48 on Friday. The stock has a 50-day moving average price of $34.15 and a 200 day moving average price of $27.40. Liquidity Services, Inc. has a 52 week low of $16.79 and a 52 week high of $39.72. The stock has a market cap of $1.04 billion, a PE ratio of 44.64 and a beta of 1.36.

Liquidity Services (NASDAQ:LQDT) last issued its quarterly earnings results on Thursday, February 6th. The business services provider reported $0.28 EPS for the quarter, topping 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%.

Analyst Upgrades and Downgrades

LQDT has been the topic of several recent research reports. Craig Hallum boosted their price objective on shares of Liquidity Services from $28.00 to $37.00 and gave the stock a “buy” rating in a research report on Friday, December 13th. StockNews.com downgraded shares of Liquidity Services from a “strong-buy” rating to a “buy” rating in a report on Wednesday, February 19th. Finally, Barrington Research reissued an “outperform” rating and set a $40.00 price objective on shares of Liquidity Services in a research note on Tuesday, February 11th.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Harvest Fund Management Co. Ltd purchased a new stake in shares of Liquidity Services in the fourth quarter valued at $38,000. Quarry LP purchased a new position in Liquidity Services during the fourth quarter worth about $47,000. Aquatic Capital Management LLC boosted its stake in Liquidity Services by 257.6% in the 4th quarter. Aquatic Capital Management LLC now owns 1,788 shares of the business services provider’s stock worth $58,000 after buying an additional 1,288 shares during the last quarter. R Squared Ltd purchased a new stake in Liquidity Services in the 4th quarter valued at about $66,000. Finally, KLP Kapitalforvaltning AS acquired a new position in shares of Liquidity Services during the 4th quarter valued at about $132,000. 71.15% of the stock is currently owned by institutional investors and hedge funds.

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.