Liquidity Services, Inc. (NASDAQ:LQDT - Get Free Report) 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):
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 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.
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.