Ranger Investment Management L.P. Makes New $3.26 Million Investment in Liquidity Services, Inc. $LQDT

Ranger Investment Management L.P. bought a new position in Liquidity Services, Inc. (NASDAQ:LQDTFree Report) during the 2nd quarter, Holdings Channel reports. The institutional investor bought 83,292 shares of the business services provider’s stock, valued at approximately $3,258,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in LQDT. Persistent Asset Partners Ltd acquired a new position in shares of Liquidity Services during the 2nd quarter valued at $35,000. Quantbot Technologies LP acquired a new stake in Liquidity Services in the 2nd quarter valued at $53,000. Tower Research Capital LLC TRC increased 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 valued at $64,000 after purchasing an additional 2,210 shares in the last quarter. Meeder Asset Management Inc. purchased a new position in Liquidity Services in the first quarter valued at about $97,000. Finally, Fifth Third Bancorp raised its position in 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 valued at $99,000 after purchasing an additional 3,154 shares during the period. Institutional investors and hedge funds own 71.15% of the company’s stock.

Insider Buying and Selling

In related news, Director Jaime Mateus-Tique sold 38,471 shares of the stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $37.99, for a total value of $1,461,513.29. Following the transaction, the director owned 164,380 shares in the company, valued at approximately $6,244,796.20. This represents a 18.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP John Daunt sold 715 shares of Liquidity Services stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $39.00, for a total transaction of $27,885.00. Following the completion of the sale, the executive vice president directly owned 38,086 shares of the company’s stock, valued at approximately $1,485,354. The trade was a 1.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 132,869 shares of company stock worth $4,994,005. Corporate insiders own 28.06% of the company’s stock.

Liquidity Services Price Performance

Shares of NASDAQ:LQDT opened at $43.27 on Monday. The company’s 50-day moving average price is $39.50 and its 200 day moving average price is $35.28. The company has a market cap of $1.36 billion, a PE ratio of 42.42 and a beta of 1.10. Liquidity Services, Inc. has a fifty-two week low of $21.67 and a fifty-two week high of $44.09.

Liquidity Services (NASDAQ:LQDTGet Free Report) last announced its earnings results 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 firm had revenue of $129.58 million for the quarter, compared to analysts’ expectations of $57.83 million. Liquidity Services had a return on equity of 17.60% and a net margin of 6.79%.Liquidity Services has set its Q4 2026 guidance at 0.410-0.500 EPS. As a group, equities analysts anticipate that Liquidity Services, Inc. will post 1.16 EPS for the current year.

Analyst Ratings Changes

LQDT has been the subject of several analyst reports. Barrington Research set a $50.00 target price on Liquidity Services in a research report on Friday, August 7th. Zacks Research upgraded Liquidity Services from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 28th. Wall Street Zen upgraded Liquidity Services from a “buy” rating to a “strong-buy” rating in a report on Sunday, August 16th. Finally, Weiss Ratings raised shares of Liquidity Services from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, August 11th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, Liquidity Services has a consensus rating of “Moderate Buy” and an average price target of $50.00.

Read Our Latest Stock Analysis on Liquidity Services

Liquidity Services Profile

(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

Want to see what other hedge funds are holding LQDT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Liquidity Services, Inc. (NASDAQ:LQDTFree Report).

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

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