Shares of Liquidity Services, Inc. (NASDAQ:LQDT – Get Free Report) hit a new 52-week high during trading on Wednesday . The stock traded as high as $40.00 and last traded at $39.65, with a volume of 22330 shares changing hands. The stock had previously closed at $38.93.
Wall Street Analyst Weigh In
Several research firms recently weighed in on LQDT. Barrington Research restated an “outperform” rating and set a $44.00 price target on shares of Liquidity Services in a report on Thursday, May 21st. Wall Street Zen lowered shares of Liquidity Services from a “strong-buy” rating to a “buy” rating in a research note on Sunday, July 12th. Weiss Ratings raised shares of Liquidity Services from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, June 24th. Finally, Zacks Research downgraded Liquidity Services from a “hold” rating to a “strong sell” rating in a research note on Monday, June 29th. Two research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Liquidity Services has an average rating of “Hold” and an average target price of $44.00.
View Our Latest Analysis on LQDT
Liquidity Services Trading Up 3.5%
Liquidity Services (NASDAQ:LQDT – Get Free Report) last issued its quarterly earnings results on Thursday, May 7th. The business services provider reported $0.35 earnings per share 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 for 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. Sell-side analysts expect that Liquidity Services, Inc. will post 1 earnings per share for the current fiscal year.
Insider Transactions at Liquidity Services
In related news, CFO Jorge Celaya sold 3,842 shares of Liquidity Services stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $37.26, for a total value of $143,152.92. Following the sale, the chief financial officer owned 66,895 shares of the company’s stock, valued at approximately $2,492,507.70. The trade was a 5.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Jaime Mateus-Tique sold 38,471 shares of the company’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $37.99, for a total value of $1,461,513.29. Following the completion of the transaction, the director owned 164,380 shares in the company, valued at approximately $6,244,796.20. The trade was a 18.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 211,822 shares of company stock worth $7,689,699 in the last quarter. Insiders own 28.06% of the company’s stock.
Institutional Investors Weigh In On Liquidity Services
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in LQDT. GAMMA Investing LLC boosted its position in Liquidity Services by 5.4% during the second quarter. GAMMA Investing LLC now owns 5,957 shares of the business services provider’s stock worth $233,000 after purchasing an additional 306 shares during the period. Pacer Advisors Inc. bought a new position in Liquidity Services in the 1st quarter worth approximately $265,000. Access Investment Management LLC boosted its holdings in Liquidity Services by 24.6% in the 1st quarter. Access Investment Management LLC now owns 200,170 shares of the business services provider’s stock worth $6,119,000 after buying an additional 39,545 shares during the period. Bank of America Corp DE grew its stake in Liquidity Services by 16.3% in the 1st quarter. Bank of America Corp DE now owns 44,435 shares of the business services provider’s stock valued at $1,358,000 after buying an additional 6,235 shares in the last quarter. Finally, Quantinno Capital Management LP raised its holdings in Liquidity Services by 31.8% during the 1st quarter. Quantinno Capital Management LP now owns 18,681 shares of the business services provider’s stock valued at $571,000 after acquiring an additional 4,503 shares during the period. 71.15% of the stock is currently owned by institutional investors.
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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