Jaime Mateus-Tique Sells Shares of LQDT $LQDT
Key Points
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Jaime Mateus-Tique, insider at Liquidity Services, Inc. ($LQDT), sold 33,727 shares at an average price of $37.95, for a total transaction of $1.28 million. The trade was disclosed in a Form 4 filing with the Securities and Exchange Commission. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Liquidity Services, Inc. Stock Down 9.7%
Shares of Liquidity Services, Inc. ($LQDT) traded around $37.47 on Wednesday, down 9.7% for the day.
Liquidity Services, Inc. Earnings
Analysts Set New Price Targets
About Liquidity Services, Inc.
Liquidity Services, Inc. engages in the provision of 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 solutions enable government entities and commercial businesses to sell surplus property and real estate assets through GovDeals, Bid4Assets, and Sierra marketplaces. The company also offers a suite of services, including surplus management, asset valuation, asset sales, marketing, returns management, asset recovery, and ecommerce services; and operates Liquidation.com, a marketplace to sell excess, returned, and overstocked consumer goods. In addition, it operates a global search engine platform for listing used equipment for sale in the construction, machine tool, transportation, printing, laboratory/medical, and agriculture sectors. Further, the company provides Machinio System service that offers various software tools, such as website hosting, email marketing, and inventory management to equipment sellers. The company offers products for various industries, such as consumer electronics, general merchandise, apparel, scientific equipment, aerospace parts and equipment, technology hardware, real estate, energy equipment, industrial capital assets, heavy equipment, fleet and transportation equipment, and specialty equipment. The company was incorporated in 1999 and is headquartered in Bethesda, Maryland.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.