Steven Weiskircher Sells 493 Shares of Liquidity Services (NASDAQ:LQDT) Stock

Liquidity Services, Inc. (NASDAQ:LQDT) SVP Steven Weiskircher sold 493 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $34.45, for a total transaction of $16,983.85. Following the transaction, the senior vice president owned 69,222 shares in the company, valued at $2,384,697.90. The trade was a 0.71% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Steven Weiskircher also recently made the following trade(s):

• On Friday, May 22nd, Steven Weiskircher sold 11,477 shares of Liquidity Services stock. The shares were sold at an average price of $34.23, for a total transaction of $392,857.71.
• On Friday, March 6th, Steven Weiskircher sold 4,967 shares of Liquidity Services stock. The shares were sold at an average price of $32.07, for a total transaction of $159,291.69.

Liquidity Services Trading Up 3.9%

Shares of LQDT stock traded up $1.33 during trading hours on Tuesday, hitting $35.76. The company’s stock had a trading volume of 134,898 shares, compared to its average volume of 163,017. The company has a 50 day moving average of $32.65 and a 200 day moving average of $31.06. The stock has a market cap of $1.11 billion, a PE ratio of 38.45 and a beta of 1.10. Liquidity Services, Inc. has a 12-month low of $21.67 and a 12-month high of $38.83.

Liquidity Services (NASDAQ:LQDT) last released its quarterly earnings data on Thursday, May 7th. The business services provider reported $0.35 EPS for the quarter, beating the consensus estimate of $0.30 by $0.05. The business had revenue of $120.73 million for the quarter, compared to the consensus estimate of $52.86 million. Liquidity Services had a net margin of 6.30% and a return on equity of 18.49%. Liquidity Services has set its Q3 2026 guidance at 0.300-0.390 EPS. As a group, analysts anticipate that Liquidity Services, Inc. will post 1.01 earnings per share for the current fiscal year.

Institutional Trading of Liquidity Services

Hedge funds have recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. purchased a new stake in Liquidity Services during the third quarter worth $30,000. Wealth Enhancement Advisory Services LLC purchased a new stake in Liquidity Services during the third quarter worth $44,000. Tower Research Capital LLC TRC boosted its holdings in Liquidity Services by 451.0% during the second quarter. Tower Research Capital LLC TRC now owns 2,700 shares of the business services provider’s stock worth $64,000 after buying an additional 2,210 shares in the last quarter. Meeder Asset Management Inc. purchased a new stake in Liquidity Services during the first quarter worth $97,000. Finally, Fifth Third Bancorp boosted its holdings in Liquidity Services by 4,505.7% during the first quarter. Fifth Third Bancorp now owns 3,224 shares of the business services provider’s stock worth $99,000 after buying an additional 3,154 shares in the last quarter. 71.15% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

LQDT has been the topic of several recent research reports. Zacks Research downgraded shares of Liquidity Services from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 7th. Barrington Research reaffirmed an “outperform” rating and issued a $44.00 price objective on shares of Liquidity Services in a report on Thursday, May 21st. Wall Street Zen raised shares of Liquidity Services from a “buy” rating to a “strong-buy” rating in a report on Saturday. Finally, Weiss Ratings raised shares of Liquidity Services from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, May 7th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Liquidity Services presently has an average rating of “Hold” and an average target price of $44.00.

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.