James Rallo Insider Sell
As exposed in an electronic document that was submitted to the U.S. Security & Exchange Commission on 02/10/2015, James Rallo, President RSCG of Liquidity Services Inc and a well informed man, unloaded 19,720 shares of the company for about $142,576 USD which is based on a market stock price per share of $7.2. At present, James Rallo owns 24,184 shares which are equivalent to exactly 0.08% of the Company’s market cap (total dollar market value of all company’s outstanding shares).
Liquidity Services Inc Sentiment and Fundamentals
The five security specialist analysts that cover the stock exchange listed company financial reports see $0.60 EPS for 2015 which gives Liquidity Services Inc PE ratio of 12.68. Liquidity Services Inc is expected to have earnings for each share growth rate of -21.30% year-over-year.
Liquidity Services Inc’s share price dived by 6.54% in the last 200 days and is still going downward. Our time-momentum system, coupled with James’s stock sell, certainly serves to classify this stock as a SELL.
As the great George Soros, the money-making machine, noted, best money is made through a mix of both technical as well as fundamental analysis.
Institutional Ownership
Data gathered from 13F SEC filings, disclose that 129 hedge funds owned shares of Liquidity Services Inc. The institutional ownership of the company’s stock in Q2 2015 is high, at 74.58% of the shares outstanding. Its up 16.39% from previous quarter. These hedge funds increased the total shares they own by 3.15 million to 22.39 million this quarter. There were 15 funds that closed their positions and 41 that reduced them. A total of 15 funds opened new positions in Liquidity Services Inc and 55 increased their holdings.
Adams Asset Advisors Llc is the most bullish institutional investor on Liquidity Services Inc, with ownership of 81,500 shares as of Q2 2015 for 0.15% of the fund’s portfolio. Scout Investments Inc. is another bullish investment manager possessing 147,625 shares of the company or 0.03% of their stocks portfolio. Moreover The New York-based fund Robotti Robert have 2.68% of their stock portfolio invested in the company for 503,034 shares. The Delaware-based fund Clifton Park Capital Management Llc revealed it had acquired a stake worth 1.04% of the fund’s stock portfolio in Liquidity Services Inc. The Delaware-based fund Cortland Advisers Llc is also positive about the company’s stock, possessing 1.48 million shares or 1.04% of their stock portfolio.
Liquidity Services NASDAQ:LQDT Company Profile
Liquidity Services, Inc., is an auction marketplace for surplus and salvage assets. The Company enables buyers and sellers to transact in an automated online auction environment offering over 500 product categories. The Company’s marketplaces provide professional buyers access to a global, organized supply of surplus and salvage assets presented with digital images and other relevant product information. It organizes its products into categories across industry verticals, such as consumer electronics, general merchandise, apparel, scientific equipment, aerospace parts and equipment, technology hardware and specialty equipment. It’s online auction marketplaces are www.liquidation.com, www.govliquidation.com, www.govdeals.com and www.liquibiz.com. It also operates a wholesale industry portal, www.goWholesale.com that connects advertisers with buyers seeking products for resale and related business services. In July 2012, the Company acquired GoIndustry-DoveBid plc.
Company Website: Liquidity Services
Liquidity Services Inc has 1049 employees. Currently its market capitalization is: $227.60 million and it has 31.18 million shares outstanding. Now it has 74.29% shareholders and the institutional ownership stands at 74.29%. Liquidity Services Inc was incorporated in Delaware on 1999-11-15. The stock closed at $7.58 yesterday and it had average 2 days volume of 157536 shares. It is up from the 30 days average shares volume of 131250. Liquidity Services Inc has a 250 days low of $6.65 and a 52 weeks high of $13.22. The current price is below the 200 days SMA. Liquidity Services Inc last issued its quarterly earnings information on 08/06/2015. The company reported 0.05 EPS for the quarter, above the consensus estimate of 0.01 by 0.04. The company had a revenue of 89.75 million for 6/30/2015 and 102.94 million for 3/31/2015. Therefore, the revenue was -13,197,000 down.
* The number of securities shown as being held in Issuer’s 401(k) account for the Reporting Person’s benefit is the approximate number of shares of common stock. De minimis fractional interests reported by the Issuer’s 401(k) Plan trustee/administrator and held indirectly through the Plan’s stock purchase account are not reflected.
* Mr. Rallo disclaims beneficial ownership of these shares.
* These options became fully vested on October 1 - 2013.
* These options became fully vested on October 1 - 2014.
* These restricted shares will vest - if at all - based on the Issuer’s achievement of certain financial milestones.
* These options became fully vested on October 1 - 2015.
* Twenty-five percent of this restricted stock grant vested on October 1 - 2013 and thereafter 1/4th of the restricted stock grant will vest on October 1 of each year for three years.
* Twenty-five percent of this option grant vested on October 1 - 2013 and thereafter 1/48th of the option grant will vest each month for thirty-six months.
* Twenty-five percent of this restricted stock grant vested on July 1 - 2014 and thereafter 1/4th of the restricted stock grant will vest on July 1 of each year for three years.
* Twenty-five percent of this option grant vested on July 18 - 2014 and thereafter 1/48th of the option grant will vest each month for thirty-six months.
* Twenty-five percent of this restricted stock grant vested on October 1 - 2014 and thereafter 1/4th of the restricted stock grant will vest on October 1 of each year for three years.
* These restricted shares will vest - if at all - based on the Issuer’s achievement of certain financial milestones.
* Twenty-five percent of this option grant vested on October 1 - 2014 and thereafter 1/48th of the option grant will vest each month for thirty-six months.
* This option becomes exercisable - if at all - based on the Issuer’s achievement of certain financial milestones.
* Fifty percent of this restricted stock grant will vest on November 1 - 2015 and thereafter 1/4th of the restricted stock grant will vest on November 1 of each year for two years.
* Twenty-five percent of this restricted stock grant vested on October 1 - 2015 and thereafter 1/4th of the restricted stock grant will vest on October 1 of each year for three years.
* This option becomes exercisable - if at all - based on the Issuer’s achievement of certain financial milestones.
* Twenty-five percent of this option grant vested on October 1 - 2015 and thereafter 1/48th of the option grant will vest each month for thirty-six months.
* This option becomes exercisable - if at all - based on the Issuer’s achievement of certain financial milestones.
