Key Points
- VP Mark Shaffer sold 6,763 shares of Liquidity Services at an average price of $34.69, totaling about $234,608. After the sale, he still held 68,666 shares.
- Liquidity Services beat quarterly expectations, reporting $0.35 EPS versus the $0.30 estimate and revenue of $120.73 million, far above the $52.86 million consensus.
- Analysts remain cautious overall, with a consensus rating of "Hold" and an average price target of $44.00, even though Barrington Research reiterated an "outperform" rating.
Liquidity Services, Inc. (NASDAQ:LQDT - Get Free Report) VP Mark Shaffer sold 6,763 shares of the business's stock in a transaction on Monday, May 11th. The shares were sold at an average price of $34.69, for a total transaction of $234,608.47. Following the sale, the vice president owned 68,666 shares of the company's stock, valued at approximately $2,382,023.54. The trade was a 8.97% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Liquidity Services Stock Performance
Liquidity Services stock opened at $33.17 on Thursday. The firm's 50-day moving average is $32.31 and its 200-day moving average is $30.49. Liquidity Services, Inc. has a 1 year low of $21.67 and a 1 year high of $38.83. The company has a market cap of $1.03 billion, a P/E ratio of 35.67 and a beta of 1.10.
Liquidity Services (NASDAQ:LQDT - Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The business services provider reported $0.35 earnings per share for the quarter, beating analysts' consensus estimates of $0.30 by $0.05. Liquidity Services had a net margin of 6.30% and a return on equity of 18.49%. The business had revenue of $120.73 million during the quarter, compared to the consensus estimate of $52.86 million. Liquidity Services has set its Q3 2026 guidance at 0.300-0.390 EPS. As a group, sell-side analysts predict that Liquidity Services, Inc. will post 1.01 earnings per share for the current year.
Institutional Trading of Liquidity Services
Hedge funds and other institutional investors have recently modified their holdings of the company. AQR Capital Management LLC lifted its holdings in shares of 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 buying an additional 40,021 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings 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 bought a new stake in Liquidity Services in the first quarter worth about $254,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in 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 worth $2,419,000 after acquiring an additional 6,488 shares in the last quarter. Finally, Jane Street Group LLC lifted its holdings in Liquidity Services by 42.5% in the 1st quarter. Jane Street Group LLC now owns 49,221 shares of the business services provider's stock valued at $1,526,000 after acquiring an additional 14,684 shares during the last quarter. Institutional investors own 71.15% of the company's stock.
Wall Street Analysts Forecast Growth
Several research analysts have recently issued reports on LQDT shares. Weiss Ratings raised Liquidity Services from a "hold (c)" rating to a "hold (c+)" rating in a research note on Thursday, May 7th. Zacks Research downgraded shares of Liquidity Services from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 7th. Finally, Barrington Research reiterated an "outperform" rating and issued a $44.00 target price on shares of Liquidity Services in a research report on Monday, May 4th. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $44.00.
Check Out Our Latest Stock Analysis on LQDT
About Liquidity Services
(
Get 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.
Further Reading
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