XTX Topco Ltd Makes New Investment in Liquidity Services, Inc. (NASDAQ:LQDT)

XTX Topco Ltd purchased a new position in shares of Liquidity Services, Inc. (NASDAQ:LQDT - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 20,573 shares of the business services provider's stock, valued at approximately $664,000. XTX Topco Ltd owned 0.07% of Liquidity Services as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Barclays PLC boosted its position in shares of Liquidity Services by 3.6% during the fourth quarter. Barclays PLC now owns 40,856 shares of the business services provider's stock worth $1,320,000 after buying an additional 1,429 shares during the period. Wells Fargo & Company MN raised its stake in shares of Liquidity Services by 161.2% in the fourth quarter. Wells Fargo & Company MN now owns 19,061 shares of the business services provider's stock valued at $615,000 after acquiring an additional 11,763 shares in the last quarter. Integrated Quantitative Investments LLC acquired a new stake in shares of Liquidity Services in the fourth quarter valued at $425,000. ExodusPoint Capital Management LP acquired a new stake in shares of Liquidity Services in the fourth quarter valued at $583,000. Finally, Franklin Resources Inc. raised its stake in shares of Liquidity Services by 4.6% in the fourth quarter. Franklin Resources Inc. now owns 15,692 shares of the business services provider's stock valued at $507,000 after acquiring an additional 683 shares in the last quarter. 71.15% of the stock is currently owned by hedge funds and other institutional investors.

Liquidity Services Stock Up 0.9 %

Liquidity Services stock traded up $0.28 during midday trading on Thursday, reaching $31.59. The company's stock had a trading volume of 39,139 shares, compared to its average volume of 204,659. Liquidity Services, Inc. has a fifty-two week low of $17.07 and a fifty-two week high of $39.72. The company has a market cap of $980.37 million, a P/E ratio of 42.11 and a beta of 1.39. The business has a 50-day simple moving average of $31.39 and a 200-day simple moving average of $29.64.

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

Insiders Place Their Bets

In other Liquidity Services news, CFO Jorge Celaya sold 7,500 shares of Liquidity Services stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $35.33, for a total value of $264,975.00. Following the transaction, the chief financial officer now directly owns 27,275 shares in the company, valued at approximately $963,625.75. This trade represents a 21.57 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Beatriz V. Infante sold 5,000 shares of the company's stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $35.36, for a total value of $176,800.00. Following the sale, the director now owns 82,990 shares of the company's stock, valued at $2,934,526.40. This trade represents a 5.68 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 153,758 shares of company stock valued at $4,971,108. 28.40% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several analysts have recently issued reports on LQDT shares. StockNews.com cut Liquidity Services from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, March 4th. Barrington Research restated an "outperform" rating and issued a $40.00 price target on shares of Liquidity Services in a research note on Wednesday, March 19th.

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.