EntryPoint Capital LLC Acquires 1,635 Shares of Liquidity Services, Inc. (NASDAQ:LQDT)

EntryPoint Capital LLC grew its holdings in Liquidity Services, Inc. (NASDAQ:LQDT) by 18.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,547 shares of the business services provider’s stock after acquiring an additional 1,635 shares during the quarter. EntryPoint Capital LLC’s holdings in Liquidity Services were worth $341,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the business. Harvest Fund Management Co. Ltd acquired a new position in shares of Liquidity Services in the 4th quarter valued at approximately $38,000. R Squared Ltd bought a new position in Liquidity Services in the fourth quarter valued at approximately $66,000. KLP Kapitalforvaltning AS acquired a new position in shares of Liquidity Services in the fourth quarter valued at approximately $132,000. GAMMA Investing LLC boosted its holdings in shares of Liquidity Services by 11.2% in the fourth 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. Finally, Longboard Asset Management LP bought a new stake in shares of Liquidity Services during the fourth quarter worth $200,000. 71.15% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. StockNews.com lowered 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. Finally, Craig Hallum lifted their target price on Liquidity Services from $28.00 to $37.00 and gave the company a “buy” rating in a research report on Friday, December 13th.

Liquidity Services Trading Down 2.5 %

NASDAQ LQDT opened at $31.83 on Thursday. The company has a market cap of $987.97 million, a price-to-earnings ratio of 42.44 and a beta of 1.26. The company has a 50 day moving average of $33.41 and a 200-day moving average of $28.52. Liquidity Services, Inc. has a 1-year low of $16.79 and a 1-year high of $39.72.

Liquidity Services (NASDAQ:LQDT) last released its earnings results on Thursday, February 6th. The business services provider reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.22 by $0.06. Liquidity Services had a return on equity of 20.94% and a net margin of 6.37%.

Insiders Place Their Bets

In related news, Director Edward Kolodzieski sold 2,000 shares of Liquidity Services stock in a transaction that occurred on Tuesday, December 31st. The shares were sold at an average price of $32.90, for a total transaction of $65,800.00. Following the sale, the director now directly owns 15,229 shares of the company’s stock, valued at approximately $501,034.10. The trade was a 11.61 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Jaime Mateus-Tique sold 35,000 shares of the firm’s stock in a transaction on 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 approximately $9,523,505.66. This trade represents a 10.50 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 105,658 shares of company stock worth $3,562,158 over the last ninety days. Corporate insiders own 28.40% of the company’s stock.

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.