Liquidity Services, Inc. (NASDAQ:LQDT) Stake Lifted by Cwm LLC

Cwm LLC raised its holdings in shares of Liquidity Services, Inc. (NASDAQ:LQDT) by 166.8% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,318 shares of the business services provider’s stock after buying an additional 824 shares during the period. Cwm LLC’s holdings in Liquidity Services were worth $41,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Quarry LP acquired a new stake in Liquidity Services in the 4th quarter worth $47,000. Aquatic Capital Management LLC grew its position in Liquidity Services by 257.6% in the 4th quarter. Aquatic Capital Management LLC now owns 1,788 shares of the business services provider’s stock worth $58,000 after purchasing an additional 1,288 shares during the last quarter. KLP Kapitalforvaltning AS acquired a new stake in Liquidity Services in the 4th quarter worth $132,000. ProShare Advisors LLC acquired a new stake in Liquidity Services in the 4th quarter worth $209,000. Finally, Diversified Trust Co acquired a new stake in Liquidity Services in the 1st quarter worth $205,000. 71.15% of the stock is currently owned by institutional investors.

Liquidity Services Stock Down 1.7%

NASDAQ:LQDT opened at $23.48 on Monday. The firm has a market cap of $733.05 million, a PE ratio of 29.72 and a beta of 1.21. Liquidity Services, Inc. has a 12 month low of $19.87 and a 12 month high of $39.72. The company’s 50-day moving average price is $24.06 and its two-hundred day moving average price is $28.85.

Liquidity Services (NASDAQ:LQDT) last issued its quarterly earnings results on Thursday, May 8th. The business services provider reported $0.31 EPS for the quarter, hitting the consensus estimate of $0.31. The company had revenue of $116.38 million during the quarter, compared to analysts’ expectations of $125.20 million. Liquidity Services had a net margin of 6.31% and a return on equity of 20.89%.

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.