SG Americas Securities LLC Trims Holdings in Liquidity Services, Inc. (NASDAQ:LQDT)

SG Americas Securities LLC decreased its position in shares of Liquidity Services, Inc. (NASDAQ:LQDT) by 25.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,798 shares of the business services provider’s stock after selling 3,283 shares during the quarter. SG Americas Securities LLC’s holdings in Liquidity Services were worth $316,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. GAMMA Investing LLC lifted its stake in Liquidity Services by 11.2% during the 4th quarter. GAMMA Investing LLC now owns 4,849 shares of the business services provider’s stock valued at $157,000 after acquiring an additional 487 shares during the period. JPMorgan Chase & Co. lifted its position in Liquidity Services by 102.7% during the third quarter. JPMorgan Chase & Co. now owns 59,927 shares of the business services provider’s stock valued at $1,366,000 after purchasing an additional 30,360 shares during the period. Franklin Resources Inc. lifted its position in Liquidity Services by 7.3% during the third quarter. Franklin Resources Inc. now owns 15,009 shares of the business services provider’s stock valued at $339,000 after purchasing an additional 1,019 shares during the period. Barclays PLC boosted its holdings in Liquidity Services by 307.3% in the third quarter. Barclays PLC now owns 39,427 shares of the business services provider’s stock valued at $899,000 after purchasing an additional 29,746 shares during the last quarter. Finally, Geode Capital Management LLC grew its position in Liquidity Services by 0.5% during the 3rd quarter. Geode Capital Management LLC now owns 515,584 shares of the business services provider’s stock worth $11,757,000 after purchasing an additional 2,392 shares during the period. Hedge funds and other institutional investors own 71.15% of the company’s stock.

Liquidity Services Stock Down 4.9 %

LQDT opened at $31.79 on Wednesday. The firm’s fifty day simple moving average is $31.90 and its two-hundred day simple moving average is $25.81. Liquidity Services, Inc. has a 52-week low of $13.99 and a 52-week high of $38.08. The company has a market cap of $980.09 million, a price-to-earnings ratio of 50.46 and a beta of 1.36.

Liquidity Services (NASDAQ:LQDT) last issued its quarterly earnings results on Thursday, December 12th. The business services provider reported $0.32 earnings per share for the quarter. Liquidity Services had a net margin of 5.50% and a return on equity of 18.99%. During the same period last year, the firm posted $0.26 EPS.

Insider Transactions at Liquidity Services

In other Liquidity Services news, Director Edward Kolodzieski sold 26,000 shares of the firm’s stock in a transaction on Friday, December 20th. The stock was sold at an average price of $31.29, for a total value of $813,540.00. Following the transaction, the director now owns 19,229 shares in the company, valued at approximately $601,675.41. This trade represents a 57.49 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Jorge Celaya sold 16,540 shares of the company’s stock in a transaction on Monday, December 16th. The stock was sold at an average price of $34.10, for a total transaction of $564,014.00. Following the sale, the chief financial officer now directly owns 33,608 shares of the company’s stock, valued at $1,146,032.80. The trade was a 32.98 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 101,668 shares of company stock valued at $3,331,558 over the last ninety days. Insiders own 28.40% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. Craig Hallum raised their target price on Liquidity Services from $28.00 to $37.00 and gave the stock a “buy” rating in a report on Friday, December 13th. 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, Barrington Research reiterated an “outperform” rating and issued a $40.00 target price on shares of Liquidity Services in a research note on Monday.

About Liquidity Services

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.