Russell Investments Group Ltd. raised its stake in shares of Liquidity Services, Inc. (NASDAQ:LQDT – Free Report) by 146,183.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 61,439 shares of the business services provider’s stock after acquiring an additional 61,397 shares during the period. Russell Investments Group Ltd. owned approximately 0.20% of Liquidity Services worth $1,928,000 as of its most recent SEC filing.
Other institutional investors have also recently made changes to their positions in the company. CWM LLC grew its holdings in shares of Liquidity Services by 166.8% in the first quarter. CWM LLC now owns 1,318 shares of the business services provider’s stock valued at $41,000 after purchasing an additional 824 shares in the last quarter. Quarry LP acquired a new position in shares of Liquidity Services in the fourth quarter valued at approximately $47,000. Aquatic Capital Management LLC grew its holdings in shares of Liquidity Services by 257.6% in the fourth quarter. Aquatic Capital Management LLC now owns 1,788 shares of the business services provider’s stock valued at $58,000 after purchasing an additional 1,288 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Liquidity Services by 11.5% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,606 shares of the business services provider’s stock valued at $143,000 after purchasing an additional 476 shares in the last quarter. Finally, ProShare Advisors LLC acquired a new position in shares of Liquidity Services in the fourth quarter valued at approximately $209,000. Institutional investors and hedge funds own 71.15% of the company’s stock.
Insider Transactions at Liquidity Services
In related news, Director George H. Ellis sold 7,500 shares of Liquidity Services stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $25.35, for a total value of $190,125.00. Following the completion of the transaction, the director owned 15,708 shares in the company, valued at $398,197.80. The trade was a 32.32% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 28.40% of the stock is owned by corporate insiders.
Liquidity Services Stock Down 0.4%
Liquidity Services (NASDAQ:LQDT – Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The business services provider reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.32 by $0.02. Liquidity Services had a net margin of 6.25% and a return on equity of 20.75%. The company had revenue of $119.88 million during the quarter, compared to the consensus estimate of $120.41 million. Liquidity Services has set its Q4 2025 guidance at 0.240-0.340 EPS.
Wall Street Analysts Forecast Growth
A number of research analysts recently weighed in on LQDT shares. Wall Street Zen cut shares of Liquidity Services from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 9th. Barrington Research restated an “outperform” rating and issued a $40.00 price objective on shares of Liquidity Services in a report on Thursday, August 21st. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $38.50.
Get Our Latest Stock Report on Liquidity Services
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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