Great Lakes Advisors LLC acquired a new stake in Liquidity Services, Inc. (NASDAQ:LQDT – Free Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 19,786 shares of the business services provider’s stock, valued at approximately $774,000. Great Lakes Advisors LLC owned approximately 0.06% of Liquidity Services as of its most recent filing with the SEC.
Several other institutional investors and hedge funds also recently made changes to their positions in LQDT. AQR Capital Management LLC raised its position in Liquidity Services by 112.4% in the 1st quarter. AQR Capital Management LLC now owns 75,620 shares of the business services provider’s stock worth $2,345,000 after purchasing an additional 40,021 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Liquidity Services by 18.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 27,854 shares of the business services provider’s stock valued at $864,000 after buying an additional 4,344 shares during the last quarter. Caxton Associates LLP bought a new position in shares of Liquidity Services during the first quarter valued at about $254,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Liquidity Services by 9.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 77,999 shares of the business services provider’s stock worth $2,419,000 after buying an additional 6,488 shares during the period. Finally, Jane Street Group LLC increased its holdings in shares of Liquidity Services by 42.5% in the first quarter. Jane Street Group LLC now owns 49,221 shares of the business services provider’s stock worth $1,526,000 after buying an additional 14,684 shares during the period. Institutional investors own 71.15% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities research analysts recently weighed in on LQDT shares. Weiss Ratings upgraded Liquidity Services from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, August 11th. Wall Street Zen raised Liquidity Services from a “buy” rating to a “strong-buy” rating in a research note on Sunday, August 16th. Barrington Research set a $50.00 price objective on Liquidity Services in a research report on Friday, August 7th. Finally, Zacks Research upgraded Liquidity Services from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 28th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $50.00.
Insider Activity at Liquidity Services
In other Liquidity Services news, Director Jaime Mateus-Tique sold 38,471 shares of the company’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $37.99, for a total transaction of $1,461,513.29. Following the completion of the transaction, the director owned 164,380 shares of the company’s stock, valued at $6,244,796.20. This represents a 18.97% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Jorge Celaya sold 11,303 shares of the stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $35.24, for a total value of $398,317.72. Following the completion of the sale, the chief financial officer owned 50,965 shares of the company’s stock, valued at approximately $1,796,006.60. This trade represents a 18.15% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 132,869 shares of company stock worth $4,994,005 in the last 90 days. Company insiders own 28.06% of the company’s stock.
Liquidity Services Trading Up 1.2%
LQDT stock opened at $43.27 on Friday. The firm’s 50-day moving average price is $39.50 and its two-hundred day moving average price is $35.26. Liquidity Services, Inc. has a 12-month low of $21.67 and a 12-month high of $44.09. The stock has a market capitalization of $1.36 billion, a price-to-earnings ratio of 42.42 and a beta of 1.10.
Liquidity Services (NASDAQ:LQDT – Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The business services provider reported $0.45 EPS for the quarter, beating the consensus estimate of $0.34 by $0.11. The firm had revenue of $129.58 million during the quarter, compared to the consensus estimate 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. Equities analysts predict that Liquidity Services, Inc. will post 1.16 EPS for the current year.
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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