Yousif Capital Management LLC Takes $204,000 Position in Liquidity Services, Inc. (NASDAQ:LQDT)

Yousif Capital Management LLC bought a new stake in shares of Liquidity Services, Inc. (NASDAQ:LQDT) during the 4th quarter, according to its most recent filing with the SEC. The firm bought 6,325 shares of the business services provider’s stock, valued at approximately $204,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of LQDT. nVerses Capital LLC purchased a new stake in shares of Liquidity Services during the third quarter valued at approximately $48,000. R Squared Ltd purchased a new stake in Liquidity Services during the 4th quarter worth $66,000. GAMMA Investing LLC increased 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 worth $157,000 after buying an additional 487 shares during the period. Longboard Asset Management LP acquired a new position in Liquidity Services in the 4th quarter worth $200,000. Finally, Linden Thomas Advisory Services LLC purchased a new position in Liquidity Services in the 4th quarter valued at about $220,000. 71.15% of the stock is owned by institutional investors and hedge funds.

Liquidity Services Stock Performance

LQDT opened at $36.48 on Tuesday. The company has a market capitalization of $1.12 billion, a P/E ratio of 48.64 and a beta of 1.36. The company has a 50-day moving average of $33.52 and a 200-day moving average of $26.61. Liquidity Services, Inc. has a 1-year low of $16.58 and a 1-year high of $39.72.

Liquidity Services (NASDAQ:LQDT) last announced its quarterly earnings data on Thursday, February 6th. The business services provider reported $0.28 earnings per share for the quarter, beating 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%.

Insider Activity

In other Liquidity Services news, Director Edward Kolodzieski sold 26,000 shares of Liquidity Services stock in a transaction on Friday, December 20th. The shares were sold at an average price of $31.29, for a total value of $813,540.00. Following the completion of the transaction, the director now owns 19,229 shares of the company’s stock, valued at $601,675.41. The trade was a 57.49 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Jaime Mateus-Tique sold 50,000 shares of the 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 sale, the director now directly owns 103,660 shares in the company, valued at $3,443,585.20. This trade represents a 32.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 157,388 shares of company stock worth $5,263,991. 28.40% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on LQDT shares. Craig Hallum lifted their target price on Liquidity Services from $28.00 to $37.00 and gave the stock a “buy” rating in a research report on Friday, December 13th. Barrington Research restated an “outperform” rating and set a $40.00 price objective on shares of Liquidity Services in a report on Tuesday, February 11th. Finally, StockNews.com cut Liquidity Services from a “strong-buy” rating to a “buy” rating in a research note on Friday, February 7th.

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.