Barclays PLC Has $899,000 Stock Position in Liquidity Services, Inc. (NASDAQ:LQDT)

Barclays PLC lifted its position in Liquidity Services, Inc. (NASDAQ:LQDT - Free Report) by 307.3% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 39,427 shares of the business services provider's stock after buying an additional 29,746 shares during the period. Barclays PLC owned approximately 0.13% of Liquidity Services worth $899,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Essex Investment Management Co. LLC bought a new stake in Liquidity Services in the third quarter worth about $2,749,000. Pacer Advisors Inc. raised its holdings in shares of Liquidity Services by 9.5% in the 3rd quarter. Pacer Advisors Inc. now owns 881,234 shares of the business services provider's stock worth $20,092,000 after purchasing an additional 76,794 shares in the last quarter. Acadian Asset Management LLC lifted its stake in Liquidity Services by 15.7% during the second quarter. Acadian Asset Management LLC now owns 503,600 shares of the business services provider's stock valued at $10,060,000 after purchasing an additional 68,407 shares during the last quarter. Allspring Global Investments Holdings LLC acquired a new position in Liquidity Services in the third quarter worth approximately $1,311,000. Finally, Intech Investment Management LLC bought a new position in shares of Liquidity Services in the third quarter valued at $518,000. Institutional investors and hedge funds own 71.15% of the company's stock.

Liquidity Services Price Performance

LQDT traded down $0.18 on Tuesday, reaching $32.29. 138,989 shares of the company traded hands, compared to its average volume of 142,069. The company has a market cap of $992.63 million, a price-to-earnings ratio of 51.25 and a beta of 1.42. The stock's 50 day moving average price is $26.27 and its 200-day moving average price is $23.13. Liquidity Services, Inc. has a 52-week low of $13.99 and a 52-week high of $36.00.

Insider Transactions at Liquidity Services

In other news, Director Jaime Mateus-Tique sold 50,000 shares of the firm's stock in a transaction on Monday, December 16th. The shares were sold at an average price of $33.22, for a total transaction of $1,661,000.00. Following the transaction, the director now owns 103,660 shares in the company, valued at approximately $3,443,585.20. This trade represents a 32.54 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Edward Kolodzieski sold 2,000 shares of Liquidity Services stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $31.90, for a total transaction of $63,800.00. Following the completion of the sale, the director now directly owns 17,229 shares of the company's stock, valued at approximately $549,605.10. The trade was a 10.40 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 99,668 shares of company stock valued at $3,265,758. 29.77% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities analysts recently issued reports on LQDT shares. Barrington Research reaffirmed an "outperform" rating and set a $27.00 target price on shares of Liquidity Services in a research report on Tuesday, December 10th. StockNews.com raised shares of Liquidity Services from a "buy" rating to a "strong-buy" rating in a research note on Saturday, December 21st. Finally, Craig Hallum boosted their price target on shares of Liquidity Services from $28.00 to $37.00 and gave the company a "buy" rating in a report on Friday, December 13th.

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.