Quantbot Technologies LP Makes New $272,000 Investment in Liquidity Services, Inc. (NASDAQ:LQDT)

Quantbot Technologies LP acquired a new stake in Liquidity Services, Inc. (NASDAQ:LQDT - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 8,413 shares of the business services provider's stock, valued at approximately $272,000.

Several other institutional investors also recently modified their holdings of the business. Royce & Associates LP increased its stake in Liquidity Services by 561.2% during the 4th quarter. Royce & Associates LP now owns 141,649 shares of the business services provider's stock worth $4,574,000 after purchasing an additional 120,226 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. bought a new position in Liquidity Services during the fourth quarter worth about $2,743,000. Allspring Global Investments Holdings LLC boosted its position in Liquidity Services by 107.7% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 119,432 shares of the business services provider's stock worth $3,856,000 after purchasing an additional 61,918 shares during the period. JPMorgan Chase & Co. raised its holdings in Liquidity Services by 102.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 59,927 shares of the business services provider's stock valued at $1,366,000 after acquiring an additional 30,360 shares during the period. Finally, Barclays PLC boosted its stake in shares of Liquidity Services by 307.3% in the third quarter. Barclays PLC now owns 39,427 shares of the business services provider's stock valued at $899,000 after buying an additional 29,746 shares during the period. Institutional investors and hedge funds own 71.15% of the company's stock.

Insider Activity

In other news, Director Beatriz V. Infante sold 5,000 shares of the company's stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $35.36, for a total transaction of $176,800.00. Following the transaction, the director now directly owns 82,990 shares of the company's stock, valued at $2,934,526.40. This represents a 5.68 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Mark A. Shaffer sold 6,005 shares of the business's stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $35.59, for a total transaction of $213,717.95. Following the sale, the vice president now owns 36,083 shares of the company's stock, valued at approximately $1,284,193.97. This represents a 14.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 103,658 shares of company stock valued at $3,496,358. Company insiders own 28.40% of the company's stock.

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Liquidity Services Trading Up 0.3 %

Shares of NASDAQ LQDT traded up $0.10 during mid-day trading on Wednesday, hitting $31.66. The company had a trading volume of 360,013 shares, compared to its average volume of 190,129. The stock's 50-day moving average price is $33.04 and its 200-day moving average price is $28.84. Liquidity Services, Inc. has a 1 year low of $16.79 and a 1 year high of $39.72. The company has a market capitalization of $982.69 million, a price-to-earnings ratio of 42.21 and a beta of 1.26.

Liquidity Services (NASDAQ:LQDT - Get Free Report) last announced 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%.

Analyst Upgrades and Downgrades

LQDT has been the topic of several research analyst reports. Craig Hallum raised their price objective on Liquidity Services from $28.00 to $37.00 and gave the company a "buy" rating in a research note on Friday, December 13th. StockNews.com lowered shares of Liquidity Services from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, March 4th. Finally, Barrington Research restated an "outperform" rating and issued a $40.00 target price on shares of Liquidity Services in a report on Wednesday, March 19th.

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.