4,376 Shares in Liquidity Services, Inc. (NASDAQ:LQDT) Bought by Ashton Thomas Private Wealth LLC

Ashton Thomas Private Wealth LLC acquired a new position in shares of Liquidity Services, Inc. (NASDAQ:LQDT) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,376 shares of the business services provider’s stock, valued at approximately $87,000.

A number of other large investors have also recently bought and sold shares of LQDT. Acadian Asset Management LLC lifted its holdings in shares of Liquidity Services by 15.7% during the 2nd quarter. Acadian Asset Management LLC now owns 503,600 shares of the business services provider’s stock worth $10,060,000 after acquiring an additional 68,407 shares during the period. Silvercrest Asset Management Group LLC boosted its holdings in shares of Liquidity Services by 8.9% in the 1st quarter. Silvercrest Asset Management Group LLC now owns 777,960 shares of the business services provider’s stock valued at $14,470,000 after purchasing an additional 63,571 shares in the last quarter. Vanguard Group Inc. boosted its holdings in shares of Liquidity Services by 3.0% in the 1st quarter. Vanguard Group Inc. now owns 1,821,231 shares of the business services provider’s stock valued at $33,875,000 after purchasing an additional 52,997 shares in the last quarter. Access Investment Management LLC increased its stake in shares of Liquidity Services by 81.7% in the 2nd quarter. Access Investment Management LLC now owns 82,335 shares of the business services provider’s stock valued at $1,645,000 after purchasing an additional 37,010 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd acquired a new position in shares of Liquidity Services during the 4th quarter worth $471,000. 71.15% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Barrington Research reaffirmed an “outperform” rating and issued a $27.00 price objective on shares of Liquidity Services in a research note on Monday, August 26th.

Insider Activity

In related news, VP Mark A. Shaffer sold 7,673 shares of Liquidity Services stock in a transaction that occurred on Wednesday, August 21st. The shares were sold at an average price of $21.94, for a total transaction of $168,345.62. Following the sale, the vice president now directly owns 46,461 shares in the company, valued at approximately $1,019,354.34. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In other news, Director Edward Kolodzieski sold 12,155 shares of the firm’s stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $22.39, for a total transaction of $272,150.45. Following the completion of the transaction, the director now directly owns 53,074 shares in the company, valued at $1,188,326.86. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Mark A. Shaffer sold 7,673 shares of Liquidity Services stock in a transaction that occurred on Wednesday, August 21st. The stock was sold at an average price of $21.94, for a total value of $168,345.62. Following the completion of the transaction, the vice president now directly owns 46,461 shares in the company, valued at $1,019,354.34. The disclosure for this sale can be found here. Insiders sold 157,345 shares of company stock valued at $3,462,918 over the last quarter. 29.77% of the stock is owned by company insiders.

Liquidity Services Price Performance

Shares of NASDAQ:LQDT opened at $22.38 on Friday. Liquidity Services, Inc. has a one year low of $13.99 and a one year high of $22.87. The company has a market cap of $683.26 million, a price-to-earnings ratio of 34.43 and a beta of 1.37. The firm has a 50 day simple moving average of $21.47 and a 200 day simple moving average of $19.59.

Liquidity Services (NASDAQ:LQDT) last released its quarterly earnings data on Thursday, August 8th. The business services provider reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.06. Liquidity Services had a return on equity of 18.47% and a net margin of 5.91%. The company had revenue of $93.61 million for the quarter. During the same period last year, the business earned $0.28 EPS.

Liquidity Services Company 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.