WealthTrust Axiom LLC raised its holdings in shares of LiqTech International Inc (NYSEAMERICAN:LIQT) by 16.7% in the 3rd quarter, HoldingsChannel reports. The fund owned 542,188 shares of the industrial goods maker’s stock after buying an additional 77,425 shares during the quarter. LiqTech International accounts for approximately 1.5% of WealthTrust Axiom LLC’s investment portfolio, making the stock its 20th biggest holding. WealthTrust Axiom LLC’s holdings in LiqTech International were worth $4,283,000 as of its most recent filing with the SEC.
Several other large investors have also added to or reduced their stakes in LIQT. Tower Research Capital LLC TRC acquired a new position in shares of LiqTech International during the 2nd quarter worth about $31,000. Jane Street Group LLC acquired a new position in shares of LiqTech International during the 2nd quarter worth about $121,000. Cadence Capital Management LLC acquired a new position in shares of LiqTech International during the 3rd quarter worth about $134,000. Granite Investment Partners LLC acquired a new position in shares of LiqTech International during the 2nd quarter worth about $228,000. Finally, Renaissance Technologies LLC acquired a new position in shares of LiqTech International during the 2nd quarter worth about $519,000.
In other news, CFO Claus Toftegaard bought 1,500 shares of the firm’s stock in a transaction that occurred on Monday, August 26th. The stock was purchased at an average cost of $10,000.00 per share, with a total value of $15,000,000.00. Following the transaction, the chief financial officer now directly owns 1,500 shares in the company, valued at $15,000,000. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Shares of NYSEAMERICAN LIQT traded down $0.15 during trading hours on Friday, reaching $7.23. The stock had a trading volume of 147,227 shares, compared to its average volume of 180,413. LiqTech International Inc has a fifty-two week low of $4.36 and a fifty-two week high of $10.69.
LiqTech International (NYSEAMERICAN:LIQT) last announced its earnings results on Wednesday, August 14th. The industrial goods maker reported $0.01 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.01. The firm had revenue of $9.30 million during the quarter, compared to analyst estimates of $8.36 million.
A number of analysts recently issued reports on the company. B. Riley set a $12.00 target price on LiqTech International and gave the company a “buy” rating in a research report on Monday, August 26th. Zacks Investment Research cut LiqTech International from a “hold” rating to a “sell” rating in a research report on Friday. One analyst has rated the stock with a sell rating and four have given a buy rating to the company. LiqTech International currently has a consensus rating of “Buy” and a consensus price target of $11.70.
LiqTech International Company Profile
LiqTech International, Inc, a clean technology company, provides technologies for gas and liquid purification by manufacturing ceramic silicon carbide filters. The company manufactures and sells ceramic silicon carbide membranes and systems for liquid filtration under the LiqTech, Cometas, and Provital brand names, which are used for the filtration of produced water, pre-filtration of reverse osmosis drinking water, industrial applications, producing clean drinking water, and pool and spa water, as well as marine scrubber bleed water.
Recommended Story: Technical Analysis
Want to see what other hedge funds are holding LIQT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for LiqTech International Inc (NYSEAMERICAN:LIQT).
Receive News & Ratings for LiqTech International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LiqTech International and related companies with MarketBeat.com's FREE daily email newsletter.