6,800 Shares in Liquidity Services, Inc. (NASDAQ:LQDT) Purchased by Linden Thomas Advisory Services LLC

Linden Thomas Advisory Services LLC bought a new stake in Liquidity Services, Inc. (NASDAQ:LQDT) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 6,800 shares of the business services provider’s stock, valued at approximately $220,000.

Several other hedge funds have also made changes to their positions in the company. nVerses Capital LLC acquired a new position in Liquidity Services in the third quarter valued at approximately $48,000. GAMMA Investing LLC raised its position in Liquidity Services by 29.9% in the third quarter. GAMMA Investing LLC now owns 4,362 shares of the business services provider’s stock valued at $99,000 after purchasing an additional 1,005 shares during the period. Wesbanco Bank Inc. acquired a new position in shares of Liquidity Services in the 4th quarter valued at $226,000. Centiva Capital LP purchased a new position in shares of Liquidity Services during the 3rd quarter worth $260,000. Finally, SG Americas Securities LLC acquired a new stake in shares of Liquidity Services during the 3rd quarter worth about $298,000. Hedge funds and other institutional investors own 71.15% of the company’s stock.

Insider Activity at Liquidity Services

In related news, CFO Jorge Celaya sold 16,540 shares of the firm’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $34.10, for a total value of $564,014.00. Following the sale, the chief financial officer now owns 33,608 shares of the company’s stock, valued at $1,146,032.80. This trade represents a 32.98 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Edward Kolodzieski sold 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 31st. The stock was sold at an average price of $32.90, for a total transaction of $65,800.00. Following the transaction, the director now owns 15,229 shares of the company’s stock, valued at $501,034.10. This trade represents a 11.61 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 101,668 shares of company stock worth $3,331,558. Company insiders own 29.77% of the company’s stock.

Liquidity Services Price Performance

Shares of NASDAQ:LQDT opened at $36.47 on Tuesday. The firm has a market capitalization of $1.12 billion, a PE ratio of 57.89 and a beta of 1.37. Liquidity Services, Inc. has a 1 year low of $13.99 and a 1 year high of $36.92. The firm’s 50-day moving average is $30.71 and its two-hundred day moving average is $25.18.

Liquidity Services (NASDAQ:LQDT) last announced its earnings results on Thursday, December 12th. The business services provider reported $0.32 earnings per share for the quarter. Liquidity Services had a net margin of 5.50% and a return on equity of 18.99%. During the same quarter in the prior year, the company posted $0.26 EPS.

Wall Street Analyst Weigh In

A number of research analysts have commented on LQDT shares. Craig Hallum upped their target price on shares of Liquidity Services from $28.00 to $37.00 and gave the company a “buy” rating in a research report on Friday, December 13th. StockNews.com upgraded shares of Liquidity Services from a “buy” rating to a “strong-buy” rating in a report on Saturday, December 21st. Finally, Barrington Research reiterated an “outperform” rating and issued a $27.00 target price on shares of Liquidity Services in a report on Tuesday, December 10th.

About Liquidity Services

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.