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Director Edward Kolodzieski sells 20,000 shares of Liquidity Services Inc (LQDT)

Director Edward Kolodzieski sells 20,000 shares of Liquidity Services Inc (LQDT)

On August 20, 2024, Edward Kolodzieski, Director at Liquidity Services Inc (NASDAQ:LQDT), completed a sale of 20,000 shares of the company’s stock. The transaction was filed with the SEC on the same day. Following this transaction, the insider now owns 45,229 shares of Liquidity Services Inc.

Liquidity Services Inc operates a network of e-commerce marketplaces that enable buyers and sellers to transact in an efficient, automated environment with over 500 product categories. The company uses innovative e-commerce marketplace solutions to manage, price and sell inventory and equipment for commercial and government clients.

Over the past year, the insider has sold a total of 20,000 shares and made no purchases. The general trend within the company shows a pattern of insider selling, with 7 insider sales and no insider purchases over the past year.

Liquidity Services Inc.’s stock price on the day of sale was $22.17. The company’s market capitalization is around $667.744 million. The stock’s price-to-earnings ratio is 35.27, which is well above the industry average of 17.17.

The stock’s valuation according to GF Value is $20.20, which means Liquidity Services Inc. is considered fairly valued at its current price of $22.17. GF Value is a proprietary measure used to determine the fair value of a stock based on historical trading multiples adjusted for expected growth and earnings.

Insider sale: Director Edward Kolodzieski sells 20,000 shares of Liquidity Services Inc (LQDT)Insider sale: Director Edward Kolodzieski sells 20,000 shares of Liquidity Services Inc (LQDT)

Insider sale: Director Edward Kolodzieski sells 20,000 shares of Liquidity Services Inc (LQDT)

Insider sale: Director Edward Kolodzieski sells 20,000 shares of Liquidity Services Inc (LQDT)Insider sale: Director Edward Kolodzieski sells 20,000 shares of Liquidity Services Inc (LQDT)

Insider sale: Director Edward Kolodzieski sells 20,000 shares of Liquidity Services Inc (LQDT)

This insider sale may be of interest to investors who follow insider behavior and company valuation, particularly in light of the company’s current valuation and recent trends in insider transactions.

This article created by GuruFocus is intended to provide general insights and does not constitute tailored financial advice. Our commentary is based on historical data and analyst forecasts, uses an unbiased methodology and is not intended to serve as specific investment advice. It does not contain a recommendation to buy or sell any stock and does not take into account any individual investment objectives or financial circumstances. Our goal is to provide long-term, fundamental, data-driven analysis. Note that our analysis may not include the most recent, price-sensitive company announcements or qualitative information. GuruFocus does not hold a position in any stocks mentioned here.

This article first appeared on GuruFocus.

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