Rhumbline Advisers grew its stake in shares of Liquidity Services, Inc. (NASDAQ:LQDT – Free Report) by 0.8% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 63,884 shares of the business services provider’s stock after acquiring an additional 486 shares during the period. Rhumbline Advisers owned about 0.20% of Liquidity Services worth $1,981,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently modified their holdings of LQDT. CWM LLC increased its holdings in Liquidity Services by 166.8% during the first quarter. CWM LLC now owns 1,318 shares of the business services provider’s stock valued at $41,000 after buying an additional 824 shares during the period. Quarry LP grew its holdings in shares of Liquidity Services by 38.0% during the first quarter. Quarry LP now owns 2,006 shares of the business services provider’s stock valued at $62,000 after buying an additional 552 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in 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 during the last quarter. Diversified Trust Co purchased a new stake in Liquidity Services in the first quarter valued at $205,000. Finally, ProShare Advisors LLC acquired a new position in shares of Liquidity Services in the fourth quarter worth about $209,000. Institutional investors own 71.15% of the company’s stock.
Insiders Place Their Bets
In other news, Director George H. Ellis sold 7,500 shares of the firm’s stock in a transaction 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 sale, the director directly owned 15,708 shares in the company, valued at approximately $398,197.80. This trade represents a 32.32% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jaime Mateus-Tique sold 5,403 shares of the firm’s stock in a transaction on Monday, September 15th. The shares were sold at an average price of $27.45, for a total transaction of $148,312.35. Following the completion of the sale, the director owned 164,562 shares in the company, valued at $4,517,226.90. The trade was a 3.18% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 17,500 shares of company stock worth $464,579 over the last 90 days. Company insiders own 28.40% of the company’s stock.
Liquidity Services Price Performance
Liquidity Services (NASDAQ:LQDT – Get Free Report) last released its 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 for the quarter, compared to analyst estimates of $120.41 million. Liquidity Services has set its Q4 2025 guidance at 0.240-0.340 EPS.
Wall Street Analyst Weigh In
A number of research analysts have weighed in on the stock. Barrington Research reiterated an “outperform” rating and issued a $40.00 price objective on shares of Liquidity Services in a research report on Thursday, August 21st. Wall Street Zen downgraded shares of Liquidity Services from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 9th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $38.50.
Read Our Latest Stock Analysis on LQDT
Liquidity Services Company Profile
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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