Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Hedge Funds Are Buying Liquidity Services, Inc. (LQDT)

Page 1 of 2

In today’s marketplace, there are dozens of indicators market participants can use to analyze stocks. Some of the most under-the-radar are hedge fund and insider trading interest. At Insider Monkey, our research analyses have shown that, historically, those who follow the top picks of the best hedge fund managers can beat the S&P 500 by a superb margin (see just how much).

Liquidity Services, Inc. (NASDAQ:LQDT)

Just as crucial, positive insider trading activity is another way to analyze the stock market universe. Obviously, there are a variety of motivations for a bullish insider to get rid of shares of his or her company, but just one, very simple reason why they would initiate a purchase. Many academic studies have demonstrated the impressive potential of this method if shareholders understand what to do (learn more here).

Thus, let’s analyze the recent info about Liquidity Services, Inc. (NASDAQ:LQDT).

How have hedgies been trading Liquidity Services, Inc. (NASDAQ:LQDT)?

Heading into Q3, a total of 12 of the hedge funds we track were bullish in this stock, a change of 20% from one quarter earlier. With hedge funds’ positions undergoing their usual ebb and flow, there exists an “upper tier” of key hedge fund managers who were upping their stakes meaningfully.

According to our 13F database, Cardinal Capital, managed by Amy Minella, holds the biggest position in Liquidity Services, Inc. (NASDAQ:LQDT). Cardinal Capital has a $15.8 million position in the stock, comprising 1% of its 13F portfolio. On Cardinal Capital’s heels is Ric Dillon of Diamond Hill Capital, with a $11.3 million position; 0.1% of its 13F portfolio is allocated to the stock. Some other peers that hold long positions include Douglas T. Granat’s Trigran Investments, Leighton Welch’s Welch Capital Partners and Gilchrist Berg’s Water Street Capital.

As one would understandably expect, certain money managers were breaking ground themselves. Cardinal Capital, managed by Amy Minella, created the biggest position in Liquidity Services, Inc. (NASDAQ:LQDT). Cardinal Capital had 15.8 million invested in the company at the end of the quarter. Ric Dillon’s Diamond Hill Capital also made a $11.3 million investment in the stock during the quarter. The following funds were also among the new LQDT investors: Douglas T. Granat’s Trigran Investments, Leighton Welch’s Welch Capital Partners, and Gilchrist Berg’s Water Street Capital.

What do corporate executives and insiders think about Liquidity Services, Inc. (NASDAQ:LQDT)?

Insider buying made by high-level executives is best served when the company we’re looking at has experienced transactions within the past six months. Over the last 180-day time period, Liquidity Services, Inc. (NASDAQ:LQDT) has seen zero unique insiders buying, and zero insider sales (see the details of insider trades here).

We’ll check out the relationship between both of these indicators in other stocks similar to Liquidity Services, Inc. (NASDAQ:LQDT). These stocks are, Inc. (NASDAQ:VITC),, Inc. (NASDAQ:OSTK), E Commerce China Dangdang Inc (ADR) (NYSE:DANG), Inc. (NASDAQ:STMP), and PC Connection, Inc. (NASDAQ:PCCC). This group of stocks belong to the catalog & mail order houses industry and their market caps match LQDT’s market cap.

Page 1 of 2

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!