Sei Investments Co. Purchases 21,552 Shares of Liquidity Services, Inc. $LQDT

Sei Investments Co. increased its position in Liquidity Services, Inc. (NASDAQ:LQDTFree Report) by 12.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 193,469 shares of the business services provider’s stock after buying an additional 21,552 shares during the quarter. Sei Investments Co. owned 0.62% of Liquidity Services worth $5,914,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in LQDT. Tower Research Capital LLC TRC grew its holdings in Liquidity Services by 451.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,700 shares of the business services provider’s stock worth $64,000 after acquiring an additional 2,210 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of Liquidity Services by 20.7% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 2,114 shares of the business services provider’s stock valued at $71,000 after acquiring an additional 363 shares during the last quarter. Meeder Asset Management Inc. purchased a new stake in shares of Liquidity Services during the first quarter worth about $97,000. Fifth Third Bancorp grew its stake in shares of Liquidity Services by 4,505.7% in the first quarter. Fifth Third Bancorp now owns 3,224 shares of the business services provider’s stock worth $99,000 after purchasing an additional 3,154 shares during the last quarter. Finally, Kemnay Advisory Services Inc. bought a new stake in shares of Liquidity Services in the fourth quarter worth about $163,000. 71.15% of the stock is currently owned by institutional investors.

Liquidity Services Price Performance

Shares of NASDAQ LQDT opened at $38.24 on Wednesday. Liquidity Services, Inc. has a 1 year low of $21.67 and a 1 year high of $41.28. The company’s 50-day moving average is $38.12 and its 200 day moving average is $34.33. The stock has a market capitalization of $1.19 billion, a P/E ratio of 41.12 and a beta of 1.10.

Liquidity Services (NASDAQ:LQDTGet Free Report) last released its quarterly earnings results on Thursday, May 7th. The business services provider reported $0.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.30 by $0.05. Liquidity Services had a net margin of 6.30% and a return on equity of 18.49%. The company had revenue of $120.73 million during the quarter, compared to the consensus estimate of $52.86 million. Liquidity Services has set its Q3 2026 guidance at 0.300-0.390 EPS. Research analysts anticipate that Liquidity Services, Inc. will post 1 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have commented on LQDT shares. Zacks Research raised Liquidity Services from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 28th. Wall Street Zen upgraded Liquidity Services from a “buy” rating to a “strong-buy” rating in a research report on Monday, July 20th. Weiss Ratings raised Liquidity Services from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, June 24th. Finally, Barrington Research restated an “outperform” rating and set a $44.00 target price on shares of Liquidity Services in a report on Thursday, May 21st. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $44.00.

Check Out Our Latest Research Report on LQDT

Insider Activity

In other news, VP Mark A. Shaffer sold 45,246 shares of the stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $34.00, for a total value of $1,538,364.00. Following the completion of the transaction, the vice president owned 28,398 shares of the company’s stock, valued at approximately $965,532. This represents a 61.44% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Steven Weiskircher sold 11,477 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $34.23, for a total value of $392,857.71. Following the completion of the transaction, the senior vice president owned 58,559 shares of the company’s stock, valued at approximately $2,004,474.57. The trade was a 16.39% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 209,222 shares of company stock worth $7,598,543. Company insiders own 28.06% of the company’s stock.

About Liquidity Services

(Free Report)

Liquidity Services, Inc is a technology-driven provider of online marketplaces for surplus and remarketed assets. Through its wholly owned platforms—such as Liquidation.com, GovDeals, Machinio and GoIndustry DoveBid—the company connects sellers of industrial equipment, commercial inventory, government surplus and transportation assets with a broad base of registered buyers. Its solutions blend auction formats, fixed-price listings and managed-service offerings to support efficient asset disposition across a wide range of industries.

The company’s core services include asset valuation, marketing, inspection and logistics coordination.

See Also

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

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