Insider Sale: Director Edward Kolodzieski Sells 20,000 Shares of Liquidity Services Inc (LQDT)

Article's Main Image

On August 20, 2024, Edward Kolodzieski, a Director at Liquidity Services Inc (LQDT, Financial), executed a sale of 20,000 shares of the company. The transaction was filed on the same day with the SEC. 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 offering over 500 product categories. The company employs innovative e-commerce marketplace solutions to manage, value, and sell inventory and equipment for business and government clients.

Over the past year, the insider has sold a total of 20,000 shares and has not made any purchases. The broader trend within the company shows a pattern of insider selling, with 7 insider sales and no insider buys over the last year.

Shares of Liquidity Services Inc were priced at $22.17 on the day of the sale. The company's market cap stands at approximately $667.744 million. The price-earnings ratio of the stock is 35.27, which is significantly higher than the industry median of 17.17.

The stock's valuation according to GF Value is set at $20.20, indicating that with a current price of $22.17, Liquidity Services Inc is considered Fairly Valued. The 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 returns.

1826460688646828032.png

1826460759098552320.png

This insider sale could be of interest to investors tracking insider behaviors and company valuation metrics, particularly considering the company's current valuation and the recent trends in insider transactions.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.