Integrated Quantitative Investments LLC Acquires New Position in Liquidity Services, Inc. (NASDAQ:LQDT)

Integrated Quantitative Investments LLC bought a new stake in shares of Liquidity Services, Inc. (NASDAQ:LQDT) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 13,160 shares of the business services provider’s stock, valued at approximately $425,000.

A number of other large investors also recently made changes to their positions in LQDT. Harvest Fund Management Co. Ltd bought a new stake in Liquidity Services in the fourth quarter valued at about $38,000. R Squared Ltd acquired a new position in Liquidity Services in the 4th quarter worth $66,000. KLP Kapitalforvaltning AS bought a new position in Liquidity Services during the 4th quarter worth about $132,000. GAMMA Investing LLC raised its stake 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 valued at $157,000 after purchasing an additional 487 shares during the period. Finally, Longboard Asset Management LP acquired a new position in shares of Liquidity Services during the fourth quarter worth about $200,000. Institutional investors and hedge funds own 71.15% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have commented on LQDT. Barrington Research restated an “outperform” rating and issued a $40.00 target price on shares of Liquidity Services in a research note on Wednesday, March 19th. StockNews.com lowered shares of Liquidity Services from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, March 4th. Finally, Craig Hallum raised 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.

Insider Transactions at Liquidity Services

In other news, EVP John Daunt sold 2,767 shares of the firm’s stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $33.42, for a total transaction of $92,473.14. Following the completion of the sale, the executive vice president now owns 43,309 shares in the company, valued at approximately $1,447,386.78. This trade represents a 6.01 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, VP Mark A. Shaffer sold 6,005 shares of the company’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 transaction, the vice president now directly owns 36,083 shares in the company, valued at $1,284,193.97. The trade was a 14.27 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 103,658 shares of company stock worth $3,496,358 in the last ninety days. Insiders own 28.40% of the company’s stock.

Liquidity Services Stock Performance

LQDT opened at $29.45 on Friday. The business’s 50-day simple moving average is $32.79 and its 200 day simple moving average is $28.91. The firm has a market capitalization of $914.10 million, a PE ratio of 39.27 and a beta of 1.39. Liquidity Services, Inc. has a 52-week low of $16.79 and a 52-week high of $39.72.

Liquidity Services (NASDAQ:LQDT) last released its quarterly earnings data on Thursday, February 6th. The business services provider reported $0.28 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%.

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.