Liquidity services director sells shares worth over $1 million

Mateus-Tique Jaime, a director at Liquidity Services Inc. (NASDAQ:LQDT), recently sold a significant portion of his shares in the company, as indicated in a recent SEC filing. These transactions took place over several days in early April 2025. The company, currently valued at $944 million, has shown strong momentum with a 52% return over the past year, according to InvestingPro data.

On April 7, Jaime sold 29,169 shares at $29.06 per share, followed by a sale of 4,900 shares at $29.46 per share on April 8. The following day, another 931 shares were sold at a price of $29.43 per share. In total, these sales amounted to $1,019,404, with prices ranging from $29.06 to $29.46 per share. The stock has recently experienced a 10% decline over the past week, though it maintains a strong 29% gain over the last six months.

Following these transactions, Jaime's direct ownership in Liquidity Services Inc. stands at 12,966 shares. Additionally, he holds 230,393 shares indirectly through the Em El 2007 Irrevocable Trust, 163,208 shares through the Jaime Mateus-Tique 2005 Irrevocable Trust, and 100,000 shares through his spouse.

These transactions were conducted under a 10b5-1 trading plan, which allows company insiders to set up a predetermined plan to sell stocks in a manner that avoids potential accusations of insider trading.

In other recent news, Liquidity Services Inc. reported impressive financial results for the first quarter of fiscal year 2025, with earnings per share reaching $0.28, surpassing the forecast of $0.22. The company achieved a significant revenue increase to $122.3 million, well above the expected $45.19 million, marking a 72% year-over-year growth. Liquidity Services also announced a strategic partnership with Biocom California, which aims to support life science companies by facilitating the trade of surplus equipment, offering exclusive savings to Biocom members. Additionally, the company released a transcript of its earnings conference call, providing stakeholders with insights into its financial performance and operational strategies. The company held its 2025 Annual Meeting of Stockholders, where directors were re-elected and Deloitte & Touche LLP was ratified as the independent auditor for Fiscal 2025. Furthermore, Liquidity Services announced the acquisition of Auction Software (ETR:SOWGn) and SimpleAuction Site to enhance its auction capabilities and expand its market reach. These developments underscore Liquidity Services' ongoing efforts to capitalize on opportunities within the circular economy and enhance shareholder value.

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