Liquidity Services, Inc. (NASDAQ:LQDT) Shares Sold by Aristotle Capital Boston LLC

Aristotle Capital Boston LLC lowered its stake in shares of Liquidity Services, Inc. (NASDAQ:LQDT - Free Report) by 10.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 763,281 shares of the business services provider's stock after selling 89,063 shares during the quarter. Aristotle Capital Boston LLC owned about 2.48% of Liquidity Services worth $24,646,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Harvest Fund Management Co. Ltd purchased a new position in shares of Liquidity Services in the fourth quarter worth $38,000. Quarry LP purchased a new position in Liquidity Services in the 4th quarter worth $47,000. Aquatic Capital Management LLC lifted its position in Liquidity Services by 257.6% during the 4th quarter. Aquatic Capital Management LLC now owns 1,788 shares of the business services provider's stock worth $58,000 after acquiring an additional 1,288 shares during the period. R Squared Ltd purchased a new stake in Liquidity Services during the 4th quarter valued at about $66,000. Finally, KLP Kapitalforvaltning AS acquired a new position in shares of Liquidity Services in the fourth quarter valued at about $132,000. 71.15% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have issued reports on LQDT shares. StockNews.com lowered shares of Liquidity Services from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, March 4th. Barrington Research restated an "outperform" rating and set a $40.00 target price on shares of Liquidity Services in a research report on Wednesday, March 19th.

Insider Activity

In other news, Director Beatriz V. Infante sold 5,000 shares of the firm's stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $35.36, for a total value of $176,800.00. Following the transaction, the director now owns 82,990 shares in the company, valued at $2,934,526.40. This trade represents a 5.68 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Jorge Celaya sold 7,500 shares of the stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $35.33, for a total value of $264,975.00. Following the completion of the transaction, the chief financial officer now directly owns 27,275 shares of the company's stock, valued at approximately $963,625.75. This represents a 21.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 173,758 shares of company stock worth $5,602,208 over the last 90 days. 28.40% of the stock is currently owned by company insiders.

Liquidity Services Trading Down 8.1 %

Shares of Liquidity Services stock traded down $2.55 during trading hours on Thursday, reaching $28.98. The stock had a trading volume of 1,003,257 shares, compared to its average volume of 212,301. The stock's 50 day moving average is $30.81 and its 200 day moving average is $30.29. Liquidity Services, Inc. has a twelve month low of $17.33 and a twelve month high of $39.72. The firm has a market capitalization of $899.51 million, a PE ratio of 38.64 and a beta of 1.31.

Liquidity Services (NASDAQ:LQDT - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The business services provider reported $0.31 earnings per share for the quarter, hitting analysts' consensus estimates of $0.31. The company had revenue of $116.38 million during the quarter, compared to analysts' expectations of $125.20 million. Liquidity Services had a return on equity of 20.94% and a net margin of 6.37%.

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.