Liquidity Services (NASDAQ:LQDT – Get Rating) had its price target cut by Barrington Research from $26.00 to $20.00 in a research note published on Friday, The Fly reports.

A number of other analysts also recently weighed in on the stock. TheStreet raised shares of Liquidity Services from a c+ rating to a b- rating in a report on Thursday, October 20th. StockNews.com initiated coverage on shares of Liquidity Services in a report on Wednesday, October 12th. They issued a buy rating for the company.

Liquidity Services Price Performance

Liquidity Services stock opened at $12.80 on Friday. The firm has a market capitalization of $455.37 million, a PE ratio of 10.67 and a beta of 1.33. The company's 50-day moving average is $16.75 and its 200-day moving average is $16.57. Liquidity Services has a fifty-two week low of $11.39 and a fifty-two week high of $23.39.

Insider Buying and Selling at Liquidity Services

Hedge Funds Weigh In On Liquidity Services

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Granahan Investment Management LLC increased its holdings in Liquidity Services by 13.4% in the 1st quarter. Granahan Investment Management LLC now owns 2,114,382 shares of the business services provider's stock worth $36,198,000 after acquiring an additional 250,654 shares in the last quarter. Polar Asset Management Partners Inc. purchased a new position in Liquidity Services in the third quarter valued at about $3,725,000. Avalon Investment & Advisory purchased a new stake in shares of Liquidity Services during the third quarter worth about $3,370,000. BlackRock Inc. lifted its holdings in Liquidity Services by 3.4% in the third quarter. BlackRock Inc. now owns 4,144,617 shares of the business services provider's stock valued at $67,393,000 after acquiring an additional 137,083 shares during the period. Finally, Rice Hall James & Associates LLC purchased a new stake in shares of Liquidity Services during the third quarter worth approximately $1,692,000. Institutional investors own 66.03% of the company's stock.

Liquidity Services Company Profile

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Liquidity Services, Inc provides e-commerce marketplaces, self-directed auction listing tools, and value-added services. It operates through four segments: Retail Supply Chain Group, Capital Assets Group, GovDeals, and Machinio. The company's 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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