William Angrick Insider Sell
William Angrick who serves as Chairman of the Board and CEO of Liquidity Services Inc recently unloaded 24,561 shares of the Dc-based company. The insider transaction has $177,576 U.S. Dollars total value, at an average price per share of $7.2. William Angrick now holds 988,078 shares which make up about 10%+ of the Dc-Company’s total market capitalization. The sale was made on October 02, 2015 and this act was unveiled in a document which was filed with the Washington-based SEC. This document is ready for review here.
Liquidity Services Inc Sentiment and Fundamentals
And his view is not unwarranted – five stock analysts covering Liquidity Services Inc believe that the earnings per share will be $0.60 in 2015, giving it a PE ratio of 12.68 and a growth rate YOY not better than -21.30%.
OctaFinance’s time momentum model, coupled with William Angrick’s new stock trade, certainly helps us to grade this stock a SELL. Liquidity Services Inc’s share chart analysis reveals its price has decreased 6.54% in the last 200 days. Such a steady and strong down-trend usually continues.
Institutional Ownership
As of Q2 2015, 129 hedge funds and institutional investors have shares of Liquidity Services Inc. In Q2 2015, the company had 74.58% institutional ownership. That is a high interest. Its up 16.39% from Q1 2015. These institutional investors 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 had the greatest investment with ownership of 81,500 shares as of Q2 2015 for 0.15% of the fund’s portfolio. Scout Investments Inc. is another bullish institutional manager owning 147,625 shares of the company or 0.03% of their stocks portfolio. Robotti Robert have 2.68% of their stock portfolio invested in the company for 503,034 shares. Moreover, Clifton Park Capital Management Llc revealed it had acquired a stake worth 1.04% of the fund’s stock portfolio in the company. Cortland Advisers Llc was also a big supporter of the -listed company, possessing 1.48 million shares. Liquidity Services Inc is 1.04% of the fund’s 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 was founded in Delaware on 1999-11-15. The firm has 1049 employees. Today its market worth is: $227.60 million and it has 31.18 million shares outstanding. Currently the company has 74.29% shareholders and the institutional ownership is 74.29%. 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 one year low of $6.65 and a 52w high of $13.22. The current price is below the 200 days simple moving average. Liquidity Services Inc last issued its quarterly earnings stats 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.
* These shares are held in a trust for the benefit of the reporting person. The reporting person disclaims beneficial ownership of these securities - and the filing of this report is not an admission that the reporting person is the beneficial owner of the securities for the purposes of Section 16 or for any other purpose.
* These shares are held in a trust for the benefit of the reporting person’s spouse - who is also trustee of the trust. The reporting person disclaims beneficial ownership of these securities - and the filing of this report is not an admission that the reporting person is the beneficial owner of the securities for the purposes of Section 16 or for any other purpose.
* 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.
* 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 - 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.
* 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.
* 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.
* These options became fully vested on October 1 - 2015.
* 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 - 2013.
