Globeflex Capital L P purchased a new stake in Liquidity Services, Inc. (NASDAQ:LQDT – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 27,002 shares of the business services provider’s stock, valued at approximately $1,056,000.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. BlackRock Inc. bought a new position in Liquidity Services in the second quarter worth approximately $140,508,000. Vanguard Group Inc. increased its holdings in shares of Liquidity Services by 3.1% during the fourth quarter. Vanguard Group Inc. now owns 1,813,734 shares of the business services provider’s stock valued at $54,974,000 after acquiring an additional 54,045 shares in the last quarter. Ameriprise Financial Inc. raised its position in shares of Liquidity Services by 55.1% during the second quarter. Ameriprise Financial Inc. now owns 1,281,332 shares of the business services provider’s stock worth $30,227,000 after purchasing an additional 454,988 shares during the period. Punch & Associates Investment Management Inc. raised its position in shares of Liquidity Services by 1.1% during the first quarter. Punch & Associates Investment Management Inc. now owns 920,394 shares of the business services provider’s stock worth $28,136,000 after purchasing an additional 10,148 shares during the period. Finally, Wellington Management Group LLP lifted its holdings in shares of Liquidity Services by 18.3% in the 3rd quarter. Wellington Management Group LLP now owns 884,001 shares of the business services provider’s stock worth $24,248,000 after purchasing an additional 136,626 shares in the last quarter. 71.15% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
LQDT has been the topic of several research reports. Zacks Research upgraded shares of Liquidity Services from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 28th. Wall Street Zen raised shares of Liquidity Services from a “buy” rating to a “strong-buy” rating in a research report on Sunday, August 16th. Barrington Research set a $50.00 price objective on Liquidity Services in a report on Friday, August 7th. Finally, Weiss Ratings raised Liquidity Services from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, August 11th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $50.00.
Liquidity Services Price Performance
NASDAQ LQDT opened at $43.23 on Tuesday. The business’s fifty day moving average is $39.61 and its 200-day moving average is $35.37. The stock has a market capitalization of $1.35 billion, a price-to-earnings ratio of 42.38 and a beta of 1.10. Liquidity Services, Inc. has a one year low of $21.67 and a one year high of $44.09.
Liquidity Services (NASDAQ:LQDT – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The business services provider reported $0.45 EPS for the quarter, topping the consensus estimate of $0.34 by $0.11. The business had revenue of $129.58 million for the quarter, compared to analyst estimates of $57.83 million. Liquidity Services had a net margin of 6.79% and a return on equity of 17.60%. Liquidity Services has set its Q4 2026 guidance at 0.410-0.500 EPS. Research analysts expect that Liquidity Services, Inc. will post 1.16 EPS for the current fiscal year.
Insider Buying and Selling at Liquidity Services
In other Liquidity Services news, Director Jaime Mateus-Tique sold 38,471 shares of the company’s stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $37.99, for a total transaction of $1,461,513.29. Following the sale, the director directly owned 164,380 shares of the company’s stock, valued at $6,244,796.20. This represents a 18.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Jorge Celaya sold 9,951 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $36.79, for a total transaction of $366,097.29. Following the completion of the transaction, the chief financial officer directly owned 66,895 shares of the company’s stock, valued at approximately $2,461,067.05. This trade represents a 12.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 121,566 shares of company stock valued at $4,595,687. Company insiders own 28.06% of the company’s stock.
About Liquidity Services
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.
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