2 weeks Ago By Defense World Staff
Prudential Financial Inc. lessened its holdings in shares of Liquidity Services, Inc. ( NASDAQ:LQDT – Free Report ) by 2.
4% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 41,443 shares of the business services provider’s stock after selling 1,020 shares during the period. Prudential Financial Inc.
owned 0.13% of Liquidity Services worth $1,338,000 as of its most recent filing with the SEC. Other institutional investors and hedge funds also recently made changes to their positions in the company.
Royce & Associates LP grew its stake in shares of Liquidity Services by 561.2% during the fourth quarter. Royce & Associates LP now owns 141,649 shares of the business services provider’s stock worth $4,574,000 after purchasing an additional 120,226 shares during the period.
Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Liquidity Services during the 4th quarter worth about $2,743,000. Allspring Global Investments Holdings LLC grew its position in shares of Liquidity Services by 107.
7% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 119,432 shares of the business services provider’s stock worth $3,856,000 after buying an additional 61,918 shares during the period. JPMorgan Chase & Co.
increased its stake in shares of Liquidity Services by 102.7% in the 3rd quarter. JPMorgan Chase & Co.
now owns 59,927 shares of the business services provider’s stock valued at $1,366,000 after acquiring an additional 30,360 shares during the last quarter. Finally, Barclays PLC raised its position in shares of Liquidity Services by 307.3% in the 3rd quarter.
Barclays PLC now owns 39,427 shares of the business services provider’s stock valued at $899,000 after acquiring an additional 29,746 shares during the period. Institutional investors own 71.15% of the company’s stock.
Analyst Upgrades and Downgrades LQDT has been the subject of several recent analyst reports. Craig Hallum upped their target price on shares of Liquidity Services from $28.00 to $37.
00 and gave the company a “buy” rating in a research note on Friday, December 13th. Barrington Research restated an “outperform” rating and issued a $40.00 price objective on shares of Liquidity Services in a research report on Wednesday, March 19th.
Finally, StockNews.com lowered Liquidity Services from a “strong-buy” rating to a “buy” rating in a report on Tuesday, March 4th. Liquidity Services Stock Performance Shares of LQDT stock opened at $29.
45 on Friday. Liquidity Services, Inc. has a 52 week low of $16.
79 and a 52 week high of $39.72. The company’s 50 day moving average price is $32.
79 and its two-hundred day moving average price is $28.95. The company has a market capitalization of $914.
10 million, a P/E ratio of 39.27 and a beta of 1.39.
Liquidity Services ( NASDAQ:LQDT – Get Free Report ) last issued its quarterly earnings data on Thursday, February 6th. The business services provider reported $0.28 EPS for the quarter, topping analysts’ consensus estimates of $0.
22 by $0.06. Liquidity Services had a net margin of 6.
37% and a return on equity of 20.94%. Insider Transactions at Liquidity Services In other Liquidity Services news, VP Mark A.
Shaffer sold 6,005 shares of the business’s stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $35.59, for a total value of $213,717.
95. Following the sale, the vice president now owns 36,083 shares in the company, valued at approximately $1,284,193.97.
The trade was a 14.27 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link .
Also, EVP John Daunt sold 2,767 shares of the firm’s stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $33.42, for a total transaction of $92,473.
14. Following the transaction, the executive vice president now directly owns 43,309 shares of the company’s stock, valued at $1,447,386.78.
This represents a 6.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here .
Insiders sold 103,658 shares of company stock valued at $3,496,358 over the last three months. Company insiders own 28.40% of the company’s stock.
Liquidity Services Profile ( Free Report ) 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. Featured Articles Five stocks we like better than Liquidity Services Earnings Per Share Calculator: How to Calculate EPS Conagra Stock Could Thrive as Tariffs Hit Other Sectors Should You Invest in Penny Stocks? Grocery Costs and Tariffs Now Top of Mind in Everyday Conversations, New Survey Finds Why Understanding Call Option Volume is Essential to Successful Options Trading Spotify Stock Eyes Double-Digit Upside—Is Now the Time to Buy? Want to see what other hedge funds are holding LQDT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Liquidity Services, Inc.
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