Liquidity Services, Inc. (NASDAQ:LQDT) Shares Acquired by Yousif Capital Management LLC

Yousif Capital Management LLC raised its holdings in shares of Liquidity Services, Inc. (NASDAQ:LQDT) by 21.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 13,729 shares of the business services provider’s stock after acquiring an additional 2,393 shares during the quarter. Yousif Capital Management LLC’s holdings in Liquidity Services were worth $236,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in the business. SG Americas Securities LLC purchased a new stake in shares of Liquidity Services in the 3rd quarter valued at about $162,000. Bailard Inc. purchased a new stake in shares of Liquidity Services in the 3rd quarter valued at about $231,000. Punch & Associates Investment Management Inc. lifted its holdings in shares of Liquidity Services by 3.6% in the 3rd quarter. Punch & Associates Investment Management Inc. now owns 357,500 shares of the business services provider’s stock valued at $6,299,000 after purchasing an additional 12,500 shares during the last quarter. Roubaix Capital LLC purchased a new stake in shares of Liquidity Services in the 3rd quarter valued at about $2,799,000. Finally, Panagora Asset Management Inc. lifted its holdings in shares of Liquidity Services by 74.8% in the 3rd quarter. Panagora Asset Management Inc. now owns 76,901 shares of the business services provider’s stock valued at $1,355,000 after purchasing an additional 32,902 shares during the last quarter. 71.15% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

LQDT has been the subject of several research reports. StockNews.com raised Liquidity Services from a “buy” rating to a “strong-buy” rating in a report on Friday. Barrington Research reissued an “outperform” rating and issued a $27.00 target price on shares of Liquidity Services in a report on Monday. Finally, TheStreet downgraded Liquidity Services from a “b-” rating to a “c+” rating in a research note on Thursday, February 8th.

Insider Transactions at Liquidity Services

In other news, Director George H. Ellis sold 6,000 shares of the stock in a transaction that occurred on Tuesday, February 27th. The stock was sold at an average price of $17.50, for a total transaction of $105,000.00. Following the completion of the transaction, the director now directly owns 19,402 shares of the company’s stock, valued at approximately $339,535. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 29.77% of the company’s stock.

Liquidity Services Stock Down 0.1 %

LQDT opened at $17.94 on Tuesday. The business has a 50 day moving average price of $17.84 and a two-hundred day moving average price of $18.01. The company has a market cap of $551.10 million, a PE ratio of 29.90 and a beta of 1.38. Liquidity Services, Inc. has a 52 week low of $12.97 and a 52 week high of $21.10.

Liquidity Services (NASDAQ:LQDT) last posted its quarterly earnings data on Thursday, February 8th. The business services provider reported $0.14 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.02). The company had revenue of $71.33 million for the quarter. Liquidity Services had a net margin of 6.03% and a return on equity of 17.62%.

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.