Fuller & Thaler Asset Management Inc. Takes Position in Liquidity Services, Inc. (NASDAQ:LQDT)

Fuller & Thaler Asset Management Inc. bought a new stake in Liquidity Services, Inc. (NASDAQ:LQDT - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 15,395 shares of the business services provider's stock, valued at approximately $497,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of LQDT. Access Investment Management LLC grew its stake in Liquidity Services by 0.4% during the 4th quarter. Access Investment Management LLC now owns 82,830 shares of the business services provider's stock worth $2,675,000 after purchasing an additional 345 shares in the last quarter. GAMMA Investing LLC boosted its stake in shares of Liquidity Services by 11.2% in the 4th quarter. GAMMA Investing LLC now owns 4,849 shares of the business services provider's stock valued at $157,000 after buying an additional 487 shares during the period. Franklin Resources Inc. boosted its stake 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 buying an additional 683 shares during the period. CANADA LIFE ASSURANCE Co grew its position in shares of Liquidity Services by 1.9% during the fourth quarter. CANADA LIFE ASSURANCE Co now owns 37,332 shares of the business services provider's stock worth $1,205,000 after buying an additional 685 shares in the last quarter. Finally, Willis Investment Counsel increased its stake in shares of Liquidity Services by 1.6% during the fourth quarter. Willis Investment Counsel now owns 52,320 shares of the business services provider's stock worth $1,689,000 after buying an additional 800 shares during the period. 71.15% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director Jaime Mateus-Tique sold 35,000 shares of Liquidity Services stock in a transaction dated Monday, March 24th. The shares were sold at an average price of $31.93, for a total value of $1,117,550.00. Following the sale, the director now directly owns 298,262 shares in the company, valued at $9,523,505.66. This trade represents a 10.50 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Beatriz V. Infante sold 5,000 shares of the business's stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $35.36, for a total transaction of $176,800.00. Following the transaction, the director now directly owns 82,990 shares of the company's stock, valued at $2,934,526.40. The trade was a 5.68 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 163,758 shares of company stock valued at $5,286,708. Insiders own 28.40% of the company's stock.

Liquidity Services Trading Down 0.8 %

LQDT stock traded down $0.25 during midday trading on Wednesday, hitting $31.78. 179,038 shares of the company's stock were exchanged, compared to its average volume of 206,862. The stock has a market capitalization of $986.42 million, a price-to-earnings ratio of 42.37 and a beta of 1.39. The firm has a 50 day moving average price of $31.04 and a 200-day moving average price of $29.96. Liquidity Services, Inc. has a 12-month low of $17.07 and a 12-month high of $39.72.

Liquidity Services (NASDAQ:LQDT - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The business services provider reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.06. Liquidity Services had a net margin of 6.37% and a return on equity of 20.94%.

Analysts Set New Price Targets

LQDT has been the subject of a number of recent research reports. StockNews.com downgraded shares of Liquidity Services from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, March 4th. Barrington Research reaffirmed an "outperform" rating and set a $40.00 price objective on shares of Liquidity Services in a research report on Wednesday, March 19th.

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.