Values First Advisors Inc. Sells 4,653 Shares of Liquidity Services, Inc. (NASDAQ:LQDT)

Values First Advisors Inc. reduced its position in Liquidity Services, Inc. (NASDAQ:LQDT) by 11.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 37,302 shares of the business services provider’s stock after selling 4,653 shares during the quarter. Values First Advisors Inc. owned 0.12% of Liquidity Services worth $1,204,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. nVerses Capital LLC bought a new stake in shares of Liquidity Services during the 3rd quarter worth approximately $48,000. R Squared Ltd purchased a new stake in Liquidity Services in the fourth quarter worth $66,000. GAMMA Investing LLC lifted its position in shares of Liquidity Services by 29.9% during the third quarter. GAMMA Investing LLC now owns 4,362 shares of the business services provider’s stock worth $99,000 after purchasing an additional 1,005 shares during the last quarter. Longboard Asset Management LP purchased a new stake in shares of Liquidity Services during the fourth quarter valued at $200,000. Finally, Yousif Capital Management LLC bought a new position in shares of Liquidity Services in the fourth quarter worth about $204,000. Institutional investors own 71.15% of the company’s stock.

Liquidity Services Price Performance

NASDAQ:LQDT opened at $34.34 on Wednesday. Liquidity Services, Inc. has a 1-year low of $15.51 and a 1-year high of $39.72. The company has a 50-day moving average of $32.65 and a 200 day moving average of $26.22. The firm has a market cap of $1.06 billion, a PE ratio of 45.79 and a beta of 1.36.

Liquidity Services (NASDAQ:LQDT) last announced 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 net margin of 6.37% and a return on equity of 20.94%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on LQDT. Craig Hallum lifted their price objective 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. StockNews.com downgraded shares of Liquidity Services from a “strong-buy” rating to a “buy” rating in a research note on Friday, February 7th. Finally, Barrington Research reissued an “outperform” rating and issued a $40.00 price objective on shares of Liquidity Services in a research note on Tuesday.

Insider Buying and Selling at Liquidity Services

In other Liquidity Services news, CFO Jorge Celaya sold 16,540 shares of the firm’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $34.10, for a total value of $564,014.00. Following the completion of the sale, the chief financial officer now directly owns 33,608 shares in the company, valued at $1,146,032.80. This trade represents a 32.98 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jaime Mateus-Tique sold 50,000 shares of Liquidity Services stock in a transaction on Monday, December 16th. The stock was sold at an average price of $33.22, for a total transaction of $1,661,000.00. Following the completion of the transaction, the director now directly owns 103,660 shares in the company, valued at $3,443,585.20. This represents a 32.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 101,668 shares of company stock valued at $3,331,558. 28.40% of the stock is currently owned by corporate insiders.

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.