Key Points
- Liquidity Services EVP John Daunt sold 715 shares at an average price of $42.75, generating $30,566.25 and reducing his ownership by 1.84% to 38,086 shares. He also made identical 715-share sales in August and September.
- Liquidity Services shares opened at $43.23, with a $1.35 billion market capitalization and a 52-week range of $21.67 to $45.00. The company recently reported quarterly EPS of $0.45, exceeding the $0.34 consensus estimate.
- Institutional investors own 71.15% of the stock, while analysts maintain a consensus “Buy” rating with an average price target of $50.00.
Liquidity Services, Inc. (NASDAQ:LQDT - Get Free Report) EVP John Daunt sold 715 shares of the firm's stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $42.75, for a total transaction of $30,566.25. Following the sale, the executive vice president owned 38,086 shares in the company, valued at approximately $1,628,176.50. The trade was a 1.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
John Daunt also recently made the following trade(s):
- On Tuesday, September 1st, John Daunt sold 715 shares of Liquidity Services stock. The shares were sold at an average price of $41.27, for a total transaction of $29,508.05.
- On Monday, August 3rd, John Daunt sold 715 shares of Liquidity Services stock. The stock was sold at an average price of $39.00, for a total transaction of $27,885.00.
Liquidity Services Trading Down 0.9%
Shares of NASDAQ LQDT opened at $43.23 on Friday. The company has a fifty day moving average price of $41.84 and a 200 day moving average price of $37.53. The firm has a market cap of $1.35 billion, a PE ratio of 42.38 and a beta of 1.04. Liquidity Services, Inc. has a 1-year low of $21.67 and a 1-year high of $45.00.
Liquidity Services (NASDAQ:LQDT - Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The business services provider reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.11. The firm had revenue of $129.58 million for the quarter, compared to the consensus estimate 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. Equities research analysts forecast that Liquidity Services, Inc. will post 1.16 EPS for the current year.
Hedge Funds Weigh In On Liquidity Services
Large investors have recently modified their holdings of the business. BlackRock Inc. acquired a new position in shares of Liquidity Services during the 2nd quarter worth approximately $140,508,000. Punch & Associates Investment Management Inc. acquired a new stake in shares of Liquidity Services in the 2nd quarter valued at approximately $37,349,000. Rice Hall James & Associates LLC acquired a new stake in shares of Liquidity Services in the 2nd quarter valued at approximately $23,804,000. Bank of New York Mellon Corp bought a new position in shares of Liquidity Services in the second quarter valued at $5,457,000. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Liquidity Services in the second quarter valued at $5,127,000. 71.15% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of equities research analysts recently issued reports on LQDT shares. Weiss Ratings raised Liquidity Services from a "buy (b-)" rating to a "buy (b)" rating in a research report on Tuesday, August 11th. Wall Street Zen raised Liquidity Services from a "buy" rating to a "strong-buy" rating in a research report on Sunday, August 16th. Barrington Research set a $50.00 price target on shares of Liquidity Services in a research note on Friday, August 7th. Finally, Zacks Research upgraded shares of Liquidity Services from a "hold" rating to a "strong-buy" rating in a report on Thursday, August 27th. One investment analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the company's stock. According to data from MarketBeat.com, Liquidity Services presently has a consensus rating of "Buy" and an average target price of $50.00.
Check Out Our Latest Analysis on LQDT
Liquidity Services Company Profile
(
Get Free Report)
Liquidity Services, Inc (NASDAQ: LQDT) operates online marketplaces and related services for managing and selling surplus, returned, and otherwise underutilized assets. The company helps businesses, government agencies, and other organizations recover value from excess inventory and equipment while supporting the reuse and redistribution of goods.
Its marketplace portfolio includes GovDeals, which serves public-sector sellers; Liquidation.com and AllSurplus, which facilitate the sale of surplus and returned merchandise; and Machinio, a search marketplace for used equipment.
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