XTX Topco Ltd grew its holdings in shares of Liquidity Services, Inc. (NASDAQ:LQDT – Free Report) by 317.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,441 shares of the business services provider’s stock after acquiring an additional 21,631 shares during the period. XTX Topco Ltd’s holdings in Liquidity Services were worth $671,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors also recently bought and sold shares of LQDT. Strs Ohio bought a new stake in Liquidity Services during the first quarter valued at about $592,000. Harbor Capital Advisors Inc. lifted its position in shares of Liquidity Services by 337,736.2% during the 2nd quarter. Harbor Capital Advisors Inc. now owns 195,945 shares of the business services provider’s stock valued at $4,622,000 after buying an additional 195,887 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Liquidity Services by 11.5% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,606 shares of the business services provider’s stock valued at $143,000 after acquiring an additional 476 shares during the period. Voya Investment Management LLC grew its stake in shares of Liquidity Services by 44.6% during the 1st quarter. Voya Investment Management LLC now owns 37,371 shares of the business services provider’s stock valued at $1,159,000 after acquiring an additional 11,525 shares during the period. Finally, Acadian Asset Management LLC increased its holdings in Liquidity Services by 39.6% in the 1st quarter. Acadian Asset Management LLC now owns 908,562 shares of the business services provider’s stock worth $28,157,000 after acquiring an additional 257,948 shares in the last quarter. 71.15% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
LQDT has been the topic of several analyst reports. Barrington Research reaffirmed an “outperform” rating and set a $40.00 price target on shares of Liquidity Services in a report on Monday, November 24th. Weiss Ratings restated a “hold (c)” rating on shares of Liquidity Services in a research report on Wednesday, October 8th. Zacks Research upgraded shares of Liquidity Services to a “hold” rating in a research note on Wednesday, November 26th. Finally, Wall Street Zen lowered Liquidity Services from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 9th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Liquidity Services presently has a consensus rating of “Moderate Buy” and a consensus price target of $38.50.
Insider Activity
In other Liquidity Services news, CFO Jorge Celaya sold 15,114 shares of the stock in a transaction dated Wednesday, November 26th. The shares were sold at an average price of $30.24, for a total transaction of $457,047.36. Following the completion of the transaction, the chief financial officer owned 32,816 shares of the company’s stock, valued at $992,355.84. This represents a 31.53% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jaime Mateus-Tique sold 5,403 shares of Liquidity Services stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $27.45, for a total value of $148,312.35. Following the completion of the sale, the director directly owned 164,562 shares in the company, valued at $4,517,226.90. This trade represents a 3.18% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 27,565 shares of company stock valued at $805,056 in the last three months. Insiders own 28.40% of the company’s stock.
Liquidity Services Price Performance
Shares of LQDT opened at $29.42 on Wednesday. The firm has a market cap of $901.43 million, a P/E ratio of 35.45 and a beta of 1.13. Liquidity Services, Inc. has a 1 year low of $21.67 and a 1 year high of $39.72. The company has a 50 day simple moving average of $25.27 and a two-hundred day simple moving average of $25.09.
Liquidity Services (NASDAQ:LQDT – Get Free Report) last issued its earnings results on Thursday, November 20th. The business services provider reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.08. The firm had revenue of $118.09 million during the quarter, compared to analyst estimates of $100.86 million. Liquidity Services had a net margin of 6.25% and a return on equity of 20.75%. Liquidity Services has set its Q1 2026 guidance at 0.250-0.350 EPS.
About Liquidity Services
Liquidity Services, Inc provides e-commerce marketplaces, self-directed auction listing tools, and value-added services in the United States and internationally. The company operates through four segments: GovDeals, Retail Supply Chain Group (RSCG), Capital Assets Group (CAG), and Machinio. Its marketplaces include liquidation.com that enable corporations to sell surplus and salvage consumer goods and retail capital assets; GovDeals marketplace, which provides self-directed service solutions in which sellers list their own assets that enables local and state government entities, and commercial businesses located in the United States and Canada to sell surplus and salvage assets; and AllSurplus, a centralized marketplace that connects global buyer base with assets from across the network of marketplaces in a single destination.
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