1,454 Shares in Liquidity Services, Inc. (NASDAQ:LQDT) Bought by Quarry LP

Quarry LP bought a new position in shares of Liquidity Services, Inc. (NASDAQ:LQDT) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 1,454 shares of the business services provider’s stock, valued at approximately $47,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Access Investment Management LLC raised its position in shares of Liquidity Services by 0.4% during the fourth quarter. Access Investment Management LLC now owns 82,830 shares of the business services provider’s stock worth $2,675,000 after acquiring an additional 345 shares during the last quarter. GAMMA Investing LLC lifted its position in shares of Liquidity Services by 11.2% in the 4th quarter. GAMMA Investing LLC now owns 4,849 shares of the business services provider’s stock worth $157,000 after purchasing an additional 487 shares during the period. Franklin Resources Inc. boosted its stake in shares of Liquidity Services by 4.6% in the 4th quarter. Franklin Resources Inc. now owns 15,692 shares of the business services provider’s stock valued at $507,000 after purchasing an additional 683 shares during the last quarter. CANADA LIFE ASSURANCE Co increased its position in shares of Liquidity Services by 1.9% during the fourth quarter. CANADA LIFE ASSURANCE Co now owns 37,332 shares of the business services provider’s stock worth $1,205,000 after buying an additional 685 shares during the period. Finally, Willis Investment Counsel raised its stake in Liquidity Services by 1.6% during the fourth quarter. Willis Investment Counsel now owns 52,320 shares of the business services provider’s stock worth $1,689,000 after buying an additional 800 shares during the last quarter. 71.15% of the stock is owned by institutional investors and hedge funds.

Liquidity Services Trading Up 0.7 %

NASDAQ:LQDT opened at $32.07 on Friday. Liquidity Services, Inc. has a 12 month low of $17.33 and a 12 month high of $39.72. The stock has a market capitalization of $995.42 million, a price-to-earnings ratio of 42.76 and a beta of 1.39. The firm has a fifty day simple moving average of $30.92 and a two-hundred day simple moving average of $30.10.

Liquidity Services (NASDAQ:LQDT) last announced its earnings results on Thursday, February 6th. The business services provider reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.06. Liquidity Services had a return on equity of 20.94% and a net margin of 6.37%.

Analyst Ratings Changes

A number of analysts have weighed in on the company. StockNews.com downgraded Liquidity Services from a “strong-buy” rating to a “buy” rating in a report on Tuesday, March 4th. Barrington Research reaffirmed an “outperform” rating and set a $40.00 target price on shares of Liquidity Services in a research note on Wednesday, March 19th.

Insiders Place Their Bets

In other news, VP Mark A. Shaffer sold 6,005 shares of the business’s stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $35.59, for a total value of $213,717.95. Following the completion of the sale, the vice president now directly owns 36,083 shares in the company, valued at approximately $1,284,193.97. The trade was a 14.27 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Jaime Mateus-Tique sold 29,169 shares of the company’s stock in a transaction on Monday, April 7th. The shares were sold at an average price of $29.06, for a total transaction of $847,651.14. Following the completion of the sale, the director now directly owns 230,393 shares of the company’s stock, valued at $6,695,220.58. This trade represents a 11.24 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 163,758 shares of company stock worth $5,286,708 in the last ninety days. 28.40% of the stock is currently owned by insiders.

Liquidity Services Profile

Liquidity Services, Inc provides e-commerce marketplaces, self-directed auction listing tools, and value-added services in the United States and internationally. The company operates through four segments: GovDeals, Retail Supply Chain Group (RSCG), Capital Assets Group (CAG), and Machinio. Its marketplaces include liquidation.com that enable corporations to sell surplus and salvage consumer goods and retail capital assets; GovDeals marketplace, which provides self-directed service solutions in which sellers list their own assets that enables local and state government entities, and commercial businesses located in the United States and Canada to sell surplus and salvage assets; and AllSurplus, a centralized marketplace that connects global buyer base with assets from across the network of marketplaces in a single destination.