Liquidity Services, Inc. (LQDT) Forms $6.80 Double Top; Whale Rock Capital Management Lifted Nvidia (NVDA) Stake

Liquidity Services, Inc. (NASDAQ:LQDT) Logo

Liquidity Services, Inc. (LQDT) formed double top with $7.41 target or 9.00% above today’s $6.80 share price. Liquidity Services, Inc. (LQDT) has $218.29 million valuation. The stock increased 2.26% or $0.15 during the last trading session, reaching $6.8. About 72,344 shares traded. Liquidity Services, Inc. (NASDAQ:LQDT) has declined 17.04% since June 21, 2017 and is downtrending. It has underperformed by 29.61% the S&P500. Some Historical LQDT News: ; 26/04/2018 – Liquidation.com Launches Home Lighting Fixture Event; 22/05/2018 – Liquidity Services Announces Upcoming Sales for Biopharmaceutical Assets on its Global Marketplace, GoIndustry DoveBid; 08/03/2018 Liquidity Services Forms Golden Cross: Technicals; 03/05/2018 – Liquidity Services 2Q Loss/Shr 18c; 03/05/2018 – LIQUIDITY SERVICES INC QUARTERLY ADJUSTED LOSS PER COMMON SHARE $0.12; 03/05/2018 – Liquidity Services 2Q Rev $60.1M; 14/05/2018 – Liquidation.com Launches Operation Graduation Online Auction Event; 25/04/2018 – Liquidity Services Announces Upcoming Sales for Biopharmaceutical Assets on its Go-Dove.com Global Marketplace; 14/05/2018 – Fidelity Management & Research Exits Liquidity Services; 27/03/2018 – Liquidity Services Hosts “Energy Insights 2018” Conference for Oil & Gas Professionals

Whale Rock Capital Management Llc increased Nvidia Corp (NVDA) stake by 64.11% reported in 2018Q1 SEC filing. Whale Rock Capital Management Llc acquired 170,613 shares as Nvidia Corp (NVDA)’s stock rose 1.09%. The Whale Rock Capital Management Llc holds 436,730 shares with $101.14 million value, up from 266,117 last quarter. Nvidia Corp now has $159.22B valuation. The stock increased 0.82% or $2.14 during the last trading session, reaching $262.31. About 9.07M shares traded. NVIDIA Corporation (NASDAQ:NVDA) has risen 80.30% since June 21, 2017 and is uptrending. It has outperformed by 67.73% the S&P500. Some Historical NVDA News: ; 15/03/2018 – Selling GE, Intel, AMD, Micron, Buying Nvidia — Barrons.com; 28/03/2018 – ProactivInvst US: Tesla and Nvidia among the worst hit in Tuesday’s tech sell-off amid fresh concerns over driverless cars; 19/04/2018 – Taiwan Semiconductor Manufacturing (TSMC) is the largest semiconductor foundry company in the world and also makes chips for leading technology firms such as Apple and Nvidia; 26/03/2018 – H2O.ai Unleashes H2O4GPU and Driverless Al for the Latest NVIDIA CUDA 9 and Tesla V100 Platforms; 25/05/2018 – MEDIA-Facebook Is Designing Its Own Chips to Help Filter Live Videos- Bloomberg; 16/03/2018 – Nvidia: Arrival of ‘Proof of Stake’ Could Crimp Crypto Gains, Says RBC — Barron’s Blog; 29/05/2018 – NVIDIA Introduces HGX-2, Fusing HPC and Al Computing into Unified Architecture; 27/03/2018 – Techmeme: Source: Nvidia will suspend self-driving tests globally, following Uber’s self-driving incident last week (Reuters); 14/03/2018 – NVIDIA CORP NVDA.O : RBC RAISES TARGET PRICE TO $285 FROM $280; 27/03/2018 – Kinetica Now Available on NVIDIA GPU Cloud

Investors sentiment decreased to 1.15 in Q1 2018. Its down 0.11, from 1.26 in 2017Q4. It worsened, as 12 investors sold Liquidity Services, Inc. shares while 29 reduced holdings. 13 funds opened positions while 34 raised stakes. 21.30 million shares or 0.30% less from 21.37 million shares in 2017Q4 were reported. Granahan Mgmt Inc Ma holds 441,162 shares or 0.21% of its portfolio. Pub Sector Pension Invest Board has invested 0% in Liquidity Services, Inc. (NASDAQ:LQDT). The New York-based D E Shaw And Inc has invested 0.01% in Liquidity Services, Inc. (NASDAQ:LQDT). Citigroup Inc has invested 0% of its portfolio in Liquidity Services, Inc. (NASDAQ:LQDT). Great West Life Assurance Co Can accumulated 0% or 29,652 shares. Millennium Limited Liability Company stated it has 30,367 shares or 0% of all its holdings. 68,126 were reported by Deutsche Commercial Bank Ag. Diversified Strategies Lc stated it has 139,350 shares. California State Teachers Retirement Systems reported 39,556 shares or 0% of all its holdings. Bank & Trust Of New York Mellon reported 0% stake. Pnc Financial Svcs Group Inc has invested 0% in Liquidity Services, Inc. (NASDAQ:LQDT). Principal Group has invested 0% of its portfolio in Liquidity Services, Inc. (NASDAQ:LQDT). Thrivent Financial For Lutherans reported 0% stake. 16,602 were accumulated by Amer Gp Incorporated. 28,686 are owned by State Board Of Administration Of Florida Retirement Sys.

Since April 2, 2018, it had 0 buys, and 2 sales for $137,459 activity. On Monday, April 2 Gravley Roger sold $77,159 worth of Liquidity Services, Inc. (NASDAQ:LQDT) or 12,385 shares. On Monday, April 2 the insider Rallo James M sold $60,300.

Among 5 analysts covering Liquidity Services (NASDAQ:LQDT), 1 have Buy rating, 1 Sell and 3 Hold. Therefore 20% are positive. Liquidity Services had 11 analyst reports since November 20, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets on Friday, February 5 with “Sector Perform”. Benchmark maintained Liquidity Services, Inc. (NASDAQ:LQDT) rating on Friday, May 6. Benchmark has “Hold” rating and $6.50 target. Robert W. Baird maintained Liquidity Services, Inc. (NASDAQ:LQDT) on Sunday, October 15 with “Hold” rating. As per Thursday, February 1, the company rating was maintained by Robert W. Baird. The rating was maintained by Benchmark with “Hold” on Friday, November 20. RBC Capital Markets maintained the shares of LQDT in report on Friday, November 20 with “Sector Perform” rating. The stock of Liquidity Services, Inc. (NASDAQ:LQDT) has “Buy” rating given on Thursday, February 1 by Barrington.

Analysts await Liquidity Services, Inc. (NASDAQ:LQDT) to report earnings on August, 2. They expect $-0.22 EPS, 0.00% or $0.00 from last year’s $-0.22 per share. After $-0.12 actual EPS reported by Liquidity Services, Inc. for the previous quarter, Wall Street now forecasts 83.33% negative EPS growth.

Whale Rock Capital Management Llc decreased Yy Inc (NASDAQ:YY) stake by 327,695 shares to 608,267 valued at $63.99 million in 2018Q1. It also reduced Mulesoft Inc stake by 183,133 shares and now owns 2.35M shares. Amazon Com Inc (NASDAQ:AMZN) was reduced too.

More notable recent NVIDIA Corporation (NASDAQ:NVDA) news were published by: Seekingalpha.com which released: “Nvidia Appears To Have A GPU Inventory Problem” on June 19, 2018, also Seekingalpha.com with their article: “Another Reason To Hedge Nvidia” published on June 20, 2018, Nasdaq.com published: “The Showdown of the Chipmakers: AMD vs. Nvidia” on June 20, 2018. More interesting news about NVIDIA Corporation (NASDAQ:NVDA) were released by: Seekingalpha.com and their article: “UBS raises its Nvidia target on facial recognition boom” published on June 18, 2018 as well as Fool.com‘s news article titled: “Better Buy: NVIDIA Corporation vs. Cypress Semiconductor” with publication date: June 19, 2018.

Since February 12, 2018, it had 0 insider buys, and 11 insider sales for $65.87 million activity. GAITHER JAMES C also sold $9.91 million worth of NVIDIA Corporation (NASDAQ:NVDA) shares. Puri Ajay K also sold $1.24M worth of NVIDIA Corporation (NASDAQ:NVDA) on Thursday, June 14. PERRY MARK L sold $3.94M worth of stock. $1.13 million worth of NVIDIA Corporation (NASDAQ:NVDA) was sold by Drell Persis. On Monday, June 4 the insider SEAWELL A BROOKE sold $5.57M. On Friday, March 2 Byron Michael sold $23,496 worth of NVIDIA Corporation (NASDAQ:NVDA) or 103 shares. The insider Shoquist Debora sold $7.67 million.

Investors sentiment decreased to 1.2 in 2018 Q1. Its down 0.01, from 1.21 in 2017Q4. It is negative, as 65 investors sold NVDA shares while 328 reduced holdings. 142 funds opened positions while 328 raised stakes. 357.39 million shares or 1.72% less from 363.65 million shares in 2017Q4 were reported. Comerica Bancorp holds 159,273 shares. Manufacturers Life The reported 835,613 shares. 1,600 were reported by Altfest L J Co. Adage Cap Ptnrs Group Inc Limited Liability Company reported 0.43% in NVIDIA Corporation (NASDAQ:NVDA). Accuvest Global Advisors invested in 26 shares. Leavell Investment Mgmt holds 1.34% or 49,872 shares. Barrett Asset Ltd Co has invested 0% in NVIDIA Corporation (NASDAQ:NVDA). The Michigan-based Cranbrook Wealth Mngmt Ltd Liability has invested 0.02% in NVIDIA Corporation (NASDAQ:NVDA). 865 were accumulated by Sabal Tru. Hsbc Hldgs Plc has 1.33 million shares for 0.46% of their portfolio. 1,249 are held by Meritage Management. Buckingham Asset Management Lc reported 0.09% stake. Blb&B owns 1,688 shares for 0.05% of their portfolio. Perigon Wealth Mngmt Lc invested in 0.07% or 775 shares. Vigilant Capital Lc stated it has 0% in NVIDIA Corporation (NASDAQ:NVDA).

Among 45 analysts covering Nvidia Corporation (NASDAQ:NVDA), 27 have Buy rating, 3 Sell and 15 Hold. Therefore 60% are positive. Nvidia Corporation had 206 analyst reports since August 3, 2015 according to SRatingsIntel. The stock of NVIDIA Corporation (NASDAQ:NVDA) earned “Buy” rating by Canaccord Genuity on Friday, November 10. As per Friday, June 16, the company rating was maintained by Raymond James. The rating was upgraded by Evercore on Wednesday, December 14 to “Buy”. The stock of NVIDIA Corporation (NASDAQ:NVDA) has “Buy” rating given on Tuesday, April 3 by Bank of America. The rating was maintained by Mizuho with “Buy” on Thursday, February 8. The firm has “Underperform” rating by Wells Fargo given on Friday, July 15. The firm has “Buy” rating by RBC Capital Markets given on Monday, May 7. The rating was maintained by BMO Capital Markets with “Sell” on Tuesday, August 8. The rating was downgraded by Vetr to “Buy” on Thursday, September 17. The rating was maintained by Stifel Nicolaus on Friday, August 7 with “Buy”.

Liquidity Services, Inc. (NASDAQ:LQDT) Institutional Positions Chart