Royce & Associates LP Makes New Investment in Liquidity Services, Inc. (NASDAQ:LQDT)

Royce & Associates LP acquired a new stake in shares of Liquidity Services, Inc. (NASDAQ:LQDT) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 21,423 shares of the business services provider’s stock, valued at approximately $488,000. Royce & Associates LP owned about 0.07% of Liquidity Services as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in the stock. nVerses Capital LLC bought a new stake in shares of Liquidity Services during the 3rd quarter worth $48,000. GAMMA Investing LLC boosted its stake in Liquidity Services by 19.2% during the 2nd quarter. GAMMA Investing LLC now owns 3,357 shares of the business services provider’s stock valued at $67,000 after purchasing an additional 540 shares during the period. Ashton Thomas Private Wealth LLC acquired a new stake in Liquidity Services in the 2nd quarter valued at approximately $87,000. SG Americas Securities LLC bought a new position in Liquidity Services in the 3rd quarter worth approximately $298,000. Finally, Price T Rowe Associates Inc. MD lifted its holdings in shares of Liquidity Services by 4.3% during the first quarter. Price T Rowe Associates Inc. MD now owns 20,894 shares of the business services provider’s stock worth $389,000 after buying an additional 870 shares during the last quarter. 71.15% of the stock is owned by institutional investors.

Insider Buying and Selling at Liquidity Services

In other news, SVP Steven Weiskircher sold 20,045 shares of the company’s stock in a transaction that occurred on Friday, August 23rd. The stock was sold at an average price of $21.80, for a total value of $436,981.00. Following the sale, the senior vice president now directly owns 80,097 shares in the company, valued at approximately $1,746,114.60. This represents a 20.02 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director George H. Ellis sold 5,500 shares of the business’s stock in a transaction on Monday, August 26th. The shares were sold at an average price of $22.54, for a total transaction of $123,970.00. Following the completion of the sale, the director now owns 13,902 shares in the company, valued at $313,351.08. This represents a 28.35 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 124,203 shares of company stock valued at $2,722,058 in the last 90 days. 29.77% of the stock is currently owned by company insiders.

Analyst Ratings Changes

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

Liquidity Services Trading Down 1.4 %

Shares of LQDT stock opened at $25.00 on Thursday. The company has a market capitalization of $763.30 million, a P/E ratio of 39.68 and a beta of 1.39. Liquidity Services, Inc. has a 12 month low of $13.99 and a 12 month high of $25.79. The stock has a 50 day moving average of $22.83 and a two-hundred day moving average of $21.27.

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.