XTX Topco Ltd Decreases Holdings in Liquidity Services, Inc. (NASDAQ:LQDT)

XTX Topco Ltd lessened its holdings in Liquidity Services, Inc. (NASDAQ:LQDT - Free Report) by 66.9% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,810 shares of the business services provider's stock after selling 13,763 shares during the period. XTX Topco Ltd's holdings in Liquidity Services were worth $211,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in LQDT. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Liquidity Services by 11.5% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,606 shares of the business services provider's stock valued at $143,000 after purchasing an additional 476 shares in the last quarter. Rhumbline Advisers raised its holdings in shares of Liquidity Services by 0.8% in the 1st quarter. Rhumbline Advisers now owns 63,884 shares of the business services provider's stock valued at $1,981,000 after purchasing an additional 486 shares in the last quarter. Linden Thomas Advisory Services LLC raised its holdings in shares of Liquidity Services by 8.0% in the 1st quarter. Linden Thomas Advisory Services LLC now owns 7,344 shares of the business services provider's stock valued at $228,000 after purchasing an additional 544 shares in the last quarter. SG Americas Securities LLC raised its holdings in shares of Liquidity Services by 6.4% in the 1st quarter. SG Americas Securities LLC now owns 10,422 shares of the business services provider's stock valued at $323,000 after purchasing an additional 624 shares in the last quarter. Finally, Franklin Resources Inc. raised its holdings in shares of Liquidity Services by 4.6% in the 4th quarter. Franklin Resources Inc. now owns 15,692 shares of the business services provider's stock valued at $507,000 after purchasing an additional 683 shares in the last quarter. Hedge funds and other institutional investors own 71.15% of the company's stock.

Liquidity Services Trading Down 3.1%

NASDAQ:LQDT traded down $0.82 during midday trading on Friday, hitting $25.40. 467,876 shares of the company were exchanged, compared to its average volume of 336,098. The company has a fifty day simple moving average of $24.28 and a 200 day simple moving average of $28.12. Liquidity Services, Inc. has a fifty-two week low of $21.00 and a fifty-two week high of $39.72. The company has a market capitalization of $793.42 million, a PE ratio of 30.60 and a beta of 1.21.

Liquidity Services (NASDAQ:LQDT - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The business services provider reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.32 by $0.02. Liquidity Services had a net margin of 6.25% and a return on equity of 20.75%. The company had revenue of $119.88 million for the quarter, compared to the consensus estimate of $120.41 million.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen lowered shares of Liquidity Services from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 9th.

Insider Transactions at Liquidity Services

In other Liquidity Services news, Director George H. Ellis sold 7,500 shares of the firm's stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $25.35, for a total transaction of $190,125.00. Following the transaction, the director directly owned 15,708 shares of the company's stock, valued at approximately $398,197.80. This trade represents a 32.32% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 28.40% of the company's stock.

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.