A Director at Liquidity Services (NASDAQ: LQDT) is Buying Shares

By George MacDonald

Today, a Director at Liquidity Services (NASDAQ: LQDT), Jaime Mateus-Tique, bought shares of LQDT for $674k.

Jaime Mateus-Tique increased his holding by 18.82% to a total of $15.17. In addition to Jaime Mateus-Tique, 3 other LQDT executives reported Buy trades in the last month.

The company has a one year high of $11 and a one year low of $6.28. Currently, Liquidity Services has an average volume of 359.4k.

Nine different firms, including Merrill Lynch and Deutsche Bank, currently also have a Buy rating on the stock.

Looking at blogger coverage of LQDT, there is a 100% Bullish tendency on the stock, in relation to a 68% average bullish tendency within the Service sector.

In the last 30 days, insiders have sold $815k worth of LQDT shares and purchased $674k worth of LQDT shares. Over the last 3 months, the insider sentiment on Liquidity Services has been negative based on 17 corporate insider transactions. This sentiment is lower than the average sector sentiment of insiders.

Liquidity Service Inc is an online auction marketplace for surplus and salvage assets. It enables buyers and sellers to transact in an efficient, automated online auction environment offering over approximately 500 product categories.