Two Sigma Investments LP Purchases 50,925 Shares of Liquidity Services, Inc. (NASDAQ:LQDT)

Two Sigma Investments LP raised its stake in Liquidity Services, Inc. (NASDAQ:LQDT - Free Report) by 108.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 98,014 shares of the business services provider's stock after acquiring an additional 50,925 shares during the period. Two Sigma Investments LP owned 0.32% of Liquidity Services worth $3,165,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of the stock. Harvest Fund Management Co. Ltd purchased a new stake in shares of Liquidity Services in the fourth quarter valued at about $38,000. Quarry LP purchased a new stake in shares of Liquidity Services in the fourth quarter valued at about $47,000. Aquatic Capital Management LLC raised its holdings in shares of Liquidity Services by 257.6% in the fourth quarter. Aquatic Capital Management LLC now owns 1,788 shares of the business services provider's stock valued at $58,000 after buying an additional 1,288 shares during the last quarter. R Squared Ltd purchased a new stake in shares of Liquidity Services in the fourth quarter valued at about $66,000. Finally, KLP Kapitalforvaltning AS purchased a new stake in shares of Liquidity Services in the fourth quarter valued at about $132,000. Institutional investors and hedge funds own 71.15% of the company's stock.

Insider Transactions at Liquidity Services

In other news, Director Jaime Mateus-Tique sold 29,169 shares of the business's stock in a transaction that occurred on Monday, April 7th. The shares were sold at an average price of $29.06, for a total transaction of $847,651.14. Following the sale, the director now owns 230,393 shares in the company, valued at $6,695,220.58. The trade was a 11.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last three months, insiders sold 105,100 shares of company stock valued at $3,223,400. Company insiders own 28.40% of the company's stock.

Liquidity Services Trading Down 0.6%

LQDT stock traded down $0.14 during mid-day trading on Tuesday, hitting $23.05. 30,476 shares of the company were exchanged, compared to its average volume of 232,203. The company has a market capitalization of $719.64 million, a PE ratio of 30.73 and a beta of 1.31. Liquidity Services, Inc. has a twelve month low of $18.87 and a twelve month high of $39.72. The firm has a fifty day simple moving average of $28.54 and a 200 day simple moving average of $30.58.

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

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on LQDT. Barrington Research reissued an "outperform" rating and set a $40.00 price target on shares of Liquidity Services in a report on Wednesday, March 19th. Wall Street Zen downgraded shares of Liquidity Services from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, March 4th.

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.