Liquidity Services, Inc. (LQDT) Shares Sold by TIAA CREF Investment Management LLC

TIAA CREF Investment Management LLC lessened its stake in shares of Liquidity Services, Inc. (NASDAQ:LQDT) by 22.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 96,310 shares of the business services provider’s stock after selling 27,700 shares during the quarter. TIAA CREF Investment Management LLC owned 0.31% of Liquidity Services worth $612,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in LQDT. Bank of New York Mellon Corp boosted its stake in shares of Liquidity Services by 0.4% in the first quarter. Bank of New York Mellon Corp now owns 262,996 shares of the business services provider’s stock valued at $2,104,000 after purchasing an additional 945 shares during the period. OppenheimerFunds Inc. boosted its stake in shares of Liquidity Services by 57.7% in the first quarter. OppenheimerFunds Inc. now owns 31,030 shares of the business services provider’s stock valued at $248,000 after purchasing an additional 11,348 shares during the period. Principal Financial Group Inc. boosted its stake in shares of Liquidity Services by 3.1% in the first quarter. Principal Financial Group Inc. now owns 186,104 shares of the business services provider’s stock valued at $1,489,000 after purchasing an additional 5,524 shares during the period. Thrivent Financial For Lutherans boosted its stake in shares of Liquidity Services by 5.2% in the first quarter. Thrivent Financial For Lutherans now owns 13,770 shares of the business services provider’s stock valued at $110,000 after purchasing an additional 680 shares during the period. Finally, Vanguard Group Inc. boosted its stake in shares of Liquidity Services by 5.7% in the first quarter. Vanguard Group Inc. now owns 1,309,668 shares of the business services provider’s stock valued at $10,477,000 after purchasing an additional 71,139 shares during the period. 66.71% of the stock is owned by institutional investors.



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

Liquidity Services, Inc. (NASDAQ:LQDT) opened at $5.25 on Thursday. Liquidity Services, Inc. has a 12 month low of $5.20 and a 12 month high of $10.50.

In other news, insider Roger Gravley sold 8,545 shares of the firm’s stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $5.80, for a total value of $49,561.00. Following the completion of the transaction, the insider now owns 9,702 shares of the company’s stock, valued at $56,271.60. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider James M. Rallo sold 15,270 shares of the firm’s stock in a transaction that occurred on Tuesday, October 3rd. The shares were sold at an average price of $5.80, for a total transaction of $88,566.00. The disclosure for this sale can be found here. In the last three months, insiders sold 34,869 shares of company stock valued at $200,250. Insiders own 22.30% of the company’s stock.

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About Liquidity Services

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.

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

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