Wall Street Zen downgraded shares of Liquidity Services (NASDAQ:LQDT – Free Report) from a strong-buy rating to a buy rating in a research report sent to investors on Saturday.
Several other research firms have also commented on LQDT. Zacks Research raised shares of Liquidity Services from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 28th. Weiss Ratings upgraded shares of Liquidity Services from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, June 24th. Finally, Barrington Research set a $50.00 price target on Liquidity Services in a research note on Friday. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, Liquidity Services has an average rating of “Moderate Buy” and an average target price of $50.00.
Get Our Latest Stock Report on Liquidity Services
Liquidity Services Trading Down 2.7%
Liquidity Services (NASDAQ:LQDT – Get Free Report) last released its quarterly 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. Liquidity Services had a return on equity of 17.60% and a net margin of 6.79%.The firm had revenue of $129.58 million during the quarter, compared to analyst estimates of $57.83 million. Liquidity Services has set its Q4 2026 guidance at 0.410-0.500 EPS. Research analysts predict that Liquidity Services will post 1 EPS for the current year.
Insiders Place Their Bets
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 value of $1,461,513.29. Following the sale, the director owned 164,380 shares in the company, valued at approximately $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 accessible through this link. Also, EVP John Daunt sold 715 shares of Liquidity Services stock in a transaction that occurred 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 transaction, the executive vice president directly owned 38,086 shares of the company’s stock, valued at approximately $1,485,354. This trade represents a 1.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 196,261 shares of company stock worth $7,153,183. Corporate insiders own 28.06% of the company’s stock.
Hedge Funds Weigh In On Liquidity Services
Large investors have recently bought and sold shares of the business. AQR Capital Management LLC grew its holdings in Liquidity Services by 112.4% in the first quarter. AQR Capital Management LLC now owns 75,620 shares of the business services provider’s stock valued at $2,345,000 after purchasing an additional 40,021 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in 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 worth $864,000 after acquiring an additional 4,344 shares during the period. Caxton Associates LLP purchased a new position in Liquidity Services during the first quarter valued at $254,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position 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 valued at $2,419,000 after purchasing an additional 6,488 shares during the period. Finally, Jane Street Group LLC increased its stake in shares of Liquidity Services by 42.5% during the first quarter. Jane Street Group LLC now owns 49,221 shares of the business services provider’s stock worth $1,526,000 after purchasing an additional 14,684 shares in the last quarter. Institutional investors and hedge funds own 71.15% of the company’s stock.
Liquidity Services Company Profile
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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