Amalgamated Bank Has $138,000 Holdings in Liquidity Services, Inc. (NASDAQ:LQDT)

Amalgamated Bank decreased its position in shares of Liquidity Services, Inc. (NASDAQ:LQDT) by 6.5% in the second quarter, Holdings Channel reports. The fund owned 6,929 shares of the business services provider’s stock after selling 485 shares during the period. Amalgamated Bank’s holdings in Liquidity Services were worth $138,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Dimensional Fund Advisors LP lifted its holdings in shares of Liquidity Services by 0.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,140,649 shares of the business services provider’s stock valued at $19,630,000 after acquiring an additional 7,868 shares during the period. Campbell & CO Investment Adviser LLC lifted its holdings in Liquidity Services by 16.9% during the 4th quarter. Campbell & CO Investment Adviser LLC now owns 48,967 shares of the business services provider’s stock valued at $843,000 after purchasing an additional 7,069 shares during the last quarter. Wellington Management Group LLP boosted its position in Liquidity Services by 1.0% in the fourth quarter. Wellington Management Group LLP now owns 419,600 shares of the business services provider’s stock valued at $7,221,000 after buying an additional 4,100 shares in the last quarter. Sei Investments Co. grew its stake in Liquidity Services by 8.4% during the first quarter. Sei Investments Co. now owns 182,150 shares of the business services provider’s stock worth $3,388,000 after buying an additional 14,083 shares during the last quarter. Finally, Jupiter Asset Management Ltd. acquired a new stake in shares of Liquidity Services during the first quarter worth approximately $202,000. Institutional investors and hedge funds own 71.15% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Barrington Research reaffirmed an “outperform” rating and set a $27.00 price target on shares of Liquidity Services in a report on Monday, August 26th.

Insiders Place Their Bets

In other Liquidity Services news, CFO Jorge Celaya sold 3,248 shares of the firm’s stock in a transaction that occurred on Thursday, September 5th. The shares were sold at an average price of $21.51, for a total value of $69,864.48. Following the transaction, the chief financial officer now directly owns 51,988 shares of the company’s stock, valued at $1,118,261.88. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other news, CFO Jorge Celaya sold 3,248 shares of the business’s stock in a transaction dated Thursday, September 5th. The stock was sold at an average price of $21.51, for a total transaction of $69,864.48. Following the completion of the transaction, the chief financial officer now directly owns 51,988 shares in the company, valued at approximately $1,118,261.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Edward Kolodzieski sold 12,155 shares of the company’s stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $22.39, for a total value of $272,150.45. Following the completion of the sale, the director now directly owns 53,074 shares of the company’s stock, valued at $1,188,326.86. The disclosure for this sale can be found here. In the last three months, insiders sold 157,345 shares of company stock valued at $3,462,918. 29.77% of the stock is currently owned by insiders.

Liquidity Services Trading Down 1.5 %

Shares of NASDAQ LQDT opened at $22.45 on Wednesday. Liquidity Services, Inc. has a 1-year low of $13.99 and a 1-year high of $23.66. The company has a 50-day moving average of $22.02 and a two-hundred day moving average of $20.03. The company has a market cap of $684.32 million, a PE ratio of 34.54 and a beta of 1.37.

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

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.