Kings Path Partners LLC Purchases New Position in Liquidity Services, Inc. $LQDT

Kings Path Partners LLC purchased a new stake in shares of Liquidity Services, Inc. (NASDAQ:LQDT) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 11,675 shares of the business services provider’s stock, valued at approximately $500,000.

Other hedge funds also recently added to or reduced their stakes in the company. Man Group plc purchased a new stake in Liquidity Services during the 2nd quarter valued at $2,426,000. Bank of New York Mellon Corp bought a new stake in shares of Liquidity Services in the 2nd quarter worth $5,457,000. Legal & General Group Plc bought a new stake in shares of Liquidity Services in the 2nd quarter worth $2,141,000. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Liquidity Services in the second quarter worth $5,127,000. Finally, Globeflex Capital L P purchased a new position in shares of Liquidity Services in the second quarter worth $1,056,000. 71.15% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently commented on LQDT. Barrington Research set a $50.00 price objective on Liquidity Services in a research report on Friday, August 7th. Zacks Research downgraded Liquidity Services from a “strong-buy” rating to a “hold” rating in a report on Monday, October 12th. Wall Street Zen raised Liquidity Services from a “buy” rating to a “strong-buy” rating in a research report on Sunday, August 16th. Finally, Weiss Ratings raised Liquidity Services from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, August 11th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $50.00.

Liquidity Services Stock Up 0.4%

Shares of Liquidity Services stock opened at $43.56 on Thursday. The company has a market cap of $1.36 billion, a price-to-earnings ratio of 42.71 and a beta of 1.04. The company’s 50 day moving average is $42.67 and its 200 day moving average is $38.82. Liquidity Services, Inc. has a twelve month low of $21.67 and a twelve month high of $45.00.

Liquidity Services (NASDAQ:LQDT) last posted its earnings results on Thursday, August 6th. The business services provider reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.11. The business 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. Sell-side analysts expect that Liquidity Services, Inc. will post 1.16 EPS for the current fiscal year.

Insider Activity at Liquidity Services

In related news, EVP John Daunt sold 715 shares of the company’s stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $42.75, for a total transaction of $30,566.25. Following the completion of the sale, the executive vice president owned 38,086 shares in the company, valued at approximately $1,628,176.50. This represents a 1.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold a total of 2,145 shares of company stock valued at $87,959 over the last three months. Insiders own 28.06% of the company’s stock.

About Liquidity Services

Liquidity Services, Inc operates online marketplaces and related services for buying and selling surplus, returned, and otherwise excess assets. The company connects governments, businesses, and other organizations with buyers seeking products ranging from consumer goods and industrial equipment to vehicles, heavy machinery, and other capital assets.

Its platforms include GovDeals, which serves public-sector sellers; Liquidation.com, which facilitates the sale of surplus and returned inventory; and Machinio, a marketplace focused on used equipment.