AQR Capital Management LLC Has $615,000 Stock Holdings in Liquidity Services, Inc. (NASDAQ:LQDT)

AQR Capital Management LLC trimmed its stake in Liquidity Services, Inc. (NASDAQ:LQDT - Free Report) by 45.5% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 30,792 shares of the business services provider's stock after selling 25,656 shares during the quarter. AQR Capital Management LLC owned approximately 0.10% of Liquidity Services worth $615,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of LQDT. GAMMA Investing LLC lifted its position in shares of Liquidity Services by 19.2% in the second quarter. GAMMA Investing LLC now owns 3,357 shares of the business services provider's stock valued at $67,000 after buying an additional 540 shares during the last quarter. Ashton Thomas Private Wealth LLC acquired a new stake in shares of Liquidity Services in the second quarter valued at approximately $87,000. Jupiter Asset Management Ltd. acquired a new stake in shares of Liquidity Services in the first quarter valued at approximately $202,000. Price T Rowe Associates Inc. MD lifted its position in shares of Liquidity Services by 4.3% in the first quarter. Price T Rowe Associates Inc. MD now owns 20,894 shares of the business services provider's stock valued at $389,000 after buying an additional 870 shares during the last quarter. Finally, American Century Companies Inc. lifted its position in shares of Liquidity Services by 12.2% in the second quarter. American Century Companies Inc. now owns 37,110 shares of the business services provider's stock valued at $741,000 after buying an additional 4,037 shares during the last quarter. 71.15% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, Barrington Research reaffirmed an "outperform" rating and issued a $27.00 price objective on shares of Liquidity Services in a research report on Monday, August 26th.

Insider Buying and Selling at Liquidity Services

In other Liquidity Services news, CFO Jorge Celaya sold 3,248 shares of Liquidity Services stock in a transaction on Thursday, September 5th. The stock was sold at an average price of $21.51, for a total value of $69,864.48. Following the completion of the transaction, the chief financial officer now directly owns 51,988 shares of the company's stock, valued at $1,118,261.88. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, CFO Jorge Celaya sold 3,248 shares of Liquidity Services stock in a transaction on Thursday, September 5th. The stock was sold at an average price of $21.51, for a total value of $69,864.48. Following the transaction, the chief financial officer now owns 51,988 shares in the company, valued at approximately $1,118,261.88. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Edward Kolodzieski sold 12,155 shares of the business's stock in a transaction on Monday, August 19th. The stock was sold at an average price of $22.39, for a total value of $272,150.45. Following the sale, the director now owns 53,074 shares in the company, valued at $1,188,326.86. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 157,345 shares of company stock valued at $3,462,918 in the last three months. Corporate insiders own 29.77% of the company's stock.

Liquidity Services Stock Performance

NASDAQ:LQDT traded up $0.10 during mid-day trading on Monday, hitting $22.60. 54,246 shares of the stock were exchanged, compared to its average volume of 117,497. The stock has a market capitalization of $688.89 million, a price-to-earnings ratio of 34.77 and a beta of 1.38. The firm's 50-day simple moving average is $22.09 and its 200 day simple moving average is $20.28. Liquidity Services, Inc. has a fifty-two week low of $13.99 and a fifty-two week high of $23.66.

Liquidity Services (NASDAQ:LQDT - Get Free Report) last released its quarterly earnings results on Thursday, August 8th. The business services provider reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.06. The business had revenue of $93.61 million during the quarter. Liquidity Services had a return on equity of 18.47% and a net margin of 5.91%. During the same period in the previous year, the business posted $0.28 earnings per share.

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.