Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Liquidity Services, Inc. (NASDAQ:LQDT – Free Report) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 15,925 shares of the business services provider’s stock, valued at approximately $494,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.05% of Liquidity Services as of its most recent SEC filing.
Several other institutional investors have also recently bought and sold shares of the business. CWM LLC boosted its holdings in Liquidity Services by 166.8% during the first quarter. CWM LLC now owns 1,318 shares of the business services provider’s stock worth $41,000 after purchasing an additional 824 shares during the last quarter. Quarry LP purchased a new position in shares of Liquidity Services in the fourth quarter worth about $47,000. Aquatic Capital Management LLC raised its holdings 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 valued at $58,000 after acquiring an additional 1,288 shares during the period. KLP Kapitalforvaltning AS bought a new stake in shares of Liquidity Services during the 4th quarter valued at $132,000. Finally, ProShare Advisors LLC purchased a new position in Liquidity Services during the 4th quarter valued at about $209,000. Institutional investors and hedge funds own 71.15% of the company’s stock.
Liquidity Services Trading Down 1.7%
Shares of Liquidity Services stock opened at $23.48 on Friday. The company’s 50-day moving average price is $24.06 and its 200-day moving average price is $28.89. Liquidity Services, Inc. has a 12-month low of $19.87 and a 12-month high of $39.72. The company has a market cap of $733.05 million, a price-to-earnings ratio of 29.72 and a beta of 1.21.
Insider Activity
In other Liquidity Services news, Director Jaime Mateus-Tique sold 10,000 shares of the firm’s stock in a transaction dated Monday, May 5th. The stock was sold at an average price of $31.55, for a total transaction of $315,500.00. Following the sale, the director owned 184,562 shares in the company, valued at $5,822,931.10. This trade represents a 5.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 28.40% of the company’s stock.
About Liquidity Services
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.
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