Capital Impact Advisors LLC Has $960,000 Position in Liquidity Services, Inc. (NASDAQ:LQDT)

Capital Impact Advisors LLC lowered its position in shares of Liquidity Services, Inc. (NASDAQ:LQDT – Get Rating) by 9.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 57,202 shares of the business services provider’s stock after selling 5,994 shares during the quarter. Liquidity Services accounts for about 1.0% of Capital Impact Advisors LLC’s investment portfolio, making the stock its 13th biggest holding. Capital Impact Advisors LLC owned about 0.16% of Liquidity Services worth $960,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the company. Alpha Paradigm Partners LLC grew its holdings in Liquidity Services by 3.0% during the third quarter. Alpha Paradigm Partners LLC now owns 30,046 shares of the business services provider’s stock valued at $489,000 after purchasing an additional 863 shares during the period. BNP Paribas Arbitrage SNC boosted its holdings in shares of Liquidity Services by 53.2% in the third quarter. BNP Paribas Arbitrage SNC now owns 11,232 shares of the business services provider’s stock valued at $183,000 after buying an additional 3,899 shares during the period. Thrivent Financial for Lutherans boosted its holdings in shares of Liquidity Services by 6.6% in the third quarter. Thrivent Financial for Lutherans now owns 27,956 shares of the business services provider’s stock valued at $455,000 after buying an additional 1,742 shares during the period. Trexquant Investment LP acquired a new position in shares of Liquidity Services in the third quarter valued at approximately $167,000. Finally, UBS Asset Management Americas Inc. boosted its holdings in shares of Liquidity Services by 15.6% in the third quarter. UBS Asset Management Americas Inc. now owns 29,898 shares of the business services provider’s stock valued at $486,000 after buying an additional 4,040 shares during the period. Institutional investors and hedge funds own 65.38% of the company’s stock.

Liquidity Services Stock Up 0.9 %

Shares of LQDT stock opened at $13.03 on Friday. The company’s fifty day simple moving average is $13.78 and its 200-day simple moving average is $15.28. The firm has a market cap of $411.36 million, a PE ratio of 10.59 and a beta of 1.54. Liquidity Services, Inc. has a 12 month low of $11.39 and a 12 month high of $22.59.

Insider Transactions at Liquidity Services

In other news, COO John Daunt sold 8,775 shares of the business’s stock in a transaction on Monday, February 6th. The shares were sold at an average price of $14.00, for a total value of $122,850.00. Following the sale, the chief operating officer now owns 80,376 shares of the company’s stock, valued at $1,125,264. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 30.41% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research analysts have recently weighed in on LQDT shares. StockNews.com upgraded shares of Liquidity Services from a “buy” rating to a “strong-buy” rating in a report on Monday. Barrington Research reiterated an “outperform” rating and issued a $20.00 price target on shares of Liquidity Services in a report on Tuesday, February 7th.

Liquidity Services Company Profile

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Liquidity Services, Inc engages in the provision of e-commerce solutions to manage, value, and sell inventory and equipment for business and government clients. It operates through the following business segments: GovDeals, Capital Assets Group (CAG), Retail Supply Chain Group (RSCG), and Machinio. The GovDeals segment provides self-directed service solutions that enable local and state government entities including city, county, and state agencies to sell surplus and salvage assets through the firm’s GovDeals marketplace.