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

Integrated Quantitative Investments LLC acquired a new stake in Liquidity Services, Inc. (NASDAQ:LQDT - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 13,160 shares of the business services provider's stock, valued at approximately $425,000.

Several other hedge funds and other institutional investors have also made changes to their positions in LQDT. Harvest Fund Management Co. Ltd purchased a new position in Liquidity Services in the fourth quarter valued at approximately $38,000. R Squared Ltd acquired a new stake in Liquidity Services during the 4th quarter worth $66,000. KLP Kapitalforvaltning AS purchased a new stake in Liquidity Services in the fourth quarter valued at $132,000. GAMMA Investing LLC boosted its stake in Liquidity Services by 11.2% in the fourth quarter. GAMMA Investing LLC now owns 4,849 shares of the business services provider's stock valued at $157,000 after acquiring an additional 487 shares in the last quarter. Finally, Longboard Asset Management LP acquired a new position in Liquidity Services in the fourth quarter valued at $200,000. Institutional investors and hedge funds own 71.15% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on LQDT shares. Barrington Research reissued an "outperform" rating and issued a $40.00 target price on shares of Liquidity Services in a report on Wednesday, March 19th. Craig Hallum increased their price objective on Liquidity Services from $28.00 to $37.00 and gave the company a "buy" rating in a report on Friday, December 13th. Finally, StockNews.com cut shares of Liquidity Services from a "strong-buy" rating to a "buy" rating in a report on Tuesday, March 4th.

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Insider Buying and Selling

In related news, Director Jaime Mateus-Tique sold 931 shares of the company's stock in a transaction that occurred on Wednesday, April 9th. The stock was sold at an average price of $29.43, for a total value of $27,399.33. Following the sale, the director now owns 224,562 shares in the company, valued at $6,608,859.66. This represents a 0.41 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, VP Mark A. Shaffer sold 3,633 shares of the firm's stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $34.70, for a total value of $126,065.10. Following the completion of the transaction, the vice president now directly owns 46,200 shares of the company's stock, valued at $1,603,140. The trade was a 7.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 133,758 shares of company stock valued at $4,371,408 over the last ninety days. Corporate insiders own 28.40% of the company's stock.

Liquidity Services Stock Performance

Liquidity Services stock traded down $0.56 during mid-day trading on Thursday, reaching $29.96. 63,644 shares of the company were exchanged, compared to its average volume of 343,628. The firm's 50-day simple moving average is $32.07 and its two-hundred day simple moving average is $29.13. Liquidity Services, Inc. has a twelve month low of $16.79 and a twelve month high of $39.72. The firm has a market cap of $929.93 million, a PE ratio of 39.95 and a beta of 1.39.

Liquidity Services (NASDAQ:LQDT - Get Free Report) last issued its quarterly earnings results on Thursday, February 6th. The business services provider reported $0.28 earnings per share for the quarter, topping 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.