Vanguard Group Inc. lessened its position in shares of Liquidity Services, Inc. (NASDAQ:LQDT) by 6.5% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,224,388 shares of the business services provider’s stock after selling 85,280 shares during the quarter. Vanguard Group Inc. owned 3.89% of Liquidity Services worth $7,775,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Public Employees Retirement System of Ohio increased its position in Liquidity Services by 16.2% during the first quarter. Public Employees Retirement System of Ohio now owns 13,017 shares of the business services provider’s stock valued at $104,000 after acquiring an additional 1,816 shares during the last quarter. Thrivent Financial For Lutherans increased its position in Liquidity Services by 5.2% during the first quarter. Thrivent Financial For Lutherans now owns 13,770 shares of the business services provider’s stock valued at $110,000 after acquiring an additional 680 shares during the last quarter. Texas Permanent School Fund increased its position in Liquidity Services by 1.2% during the second quarter. Texas Permanent School Fund now owns 17,931 shares of the business services provider’s stock valued at $114,000 after acquiring an additional 204 shares during the last quarter. Los Angeles Capital Management & Equity Research Inc. increased its position in Liquidity Services by 51.0% during the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 24,050 shares of the business services provider’s stock valued at $153,000 after acquiring an additional 8,120 shares during the last quarter. Finally, Teachers Advisors LLC grew its holdings in Liquidity Services by 5.4% during the second quarter. Teachers Advisors LLC now owns 42,038 shares of the business services provider’s stock valued at $267,000 after purchasing an additional 2,172 shares during the period. Institutional investors own 67.02% of the company’s stock.

In other Liquidity Services news, insider Roger Gravley sold 8,545 shares of the business’s stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of $5.80, for a total transaction of $49,561.00. Following the completion of the sale, the insider now owns 9,702 shares of the company’s stock, valued at $56,271.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider James M. Rallo sold 15,270 shares of the business’s stock in a transaction dated Tuesday, October 3rd. The shares were sold at an average price of $5.80, for a total value of $88,566.00. The disclosure for this sale can be found here. Insiders have sold 34,869 shares of company stock valued at $200,250 in the last three months. 22.30% of the stock is currently owned by corporate insiders.

Shares of Liquidity Services, Inc. (LQDT) opened at $5.70 on Monday. Liquidity Services, Inc. has a fifty-two week low of $5.20 and a fifty-two week high of $10.50.

Several analysts have issued reports on LQDT shares. Zacks Investment Research raised Liquidity Services from a “sell” rating to a “hold” rating in a report on Wednesday, August 23rd. ValuEngine raised Liquidity Services from a “strong sell” rating to a “sell” rating in a report on Friday, September 1st.

COPYRIGHT VIOLATION WARNING: “Vanguard Group Inc. Trims Position in Liquidity Services, Inc. (LQDT)” was published by Watch List News and is owned by of Watch List News. If you are reading this report on another publication, it was illegally stolen and reposted in violation of U.S. & international trademark and copyright law. The correct version of this report can be read at https://www.watchlistnews.com/vanguard-group-inc-trims-position-in-liquidity-services-inc-lqdt/1728407.html.

Liquidity Services Profile

Liquidity Services, Inc operates a network of e-commerce marketplaces that enable buyers and sellers to transact in an automated environment. The Company employs e-commerce marketplace solutions to manage, value and sell inventory and equipment for business and government clients. The Company’s marketplaces provide professional buyers access to a global supply of new, surplus and scrap assets presented with digital images and other relevant product information.

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. (NASDAQ:LQDT).

Institutional Ownership by Quarter for Liquidity Services (NASDAQ:LQDT)

Receive News & Ratings for Liquidity Services Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liquidity Services Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.