Edward Kolodzieski Sells 2,000 Shares of Liquidity Services, Inc. (NASDAQ:LQDT) Stock

Liquidity Services, Inc. (NASDAQ:LQDT) Director Edward Kolodzieski sold 2,000 shares of the stock in a transaction dated Monday, December 23rd. The stock was sold at an average price of $31.90, for a total transaction of $63,800.00. Following the transaction, the director now directly owns 17,229 shares in the company, valued at $549,605.10. This trade represents a 10.40 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

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

Liquidity Services Price Performance

NASDAQ LQDT opened at $31.72 on Wednesday. Liquidity Services, Inc. has a 1 year low of $13.99 and a 1 year high of $36.00. The firm has a market cap of $968.41 million, a price-to-earnings ratio of 50.35 and a beta of 1.42. The company has a fifty day moving average price of $25.49 and a 200-day moving average price of $22.77.

Institutional Investors Weigh In On Liquidity Services

Several large investors have recently made changes to their positions in the business. nVerses Capital LLC bought a new position in Liquidity Services during the third quarter valued at about $48,000. GAMMA Investing LLC boosted its stake 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 acquiring an additional 1,005 shares during the last quarter. Ashton Thomas Private Wealth LLC bought a new position in shares of Liquidity Services during the 2nd quarter valued at approximately $87,000. Centiva Capital LP purchased a new stake in shares of Liquidity Services during the 3rd quarter worth approximately $260,000. Finally, SG Americas Securities LLC bought a new stake in shares of Liquidity Services in the 3rd quarter worth approximately $298,000. 71.15% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

About Liquidity Services

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.