Bank of New York Mellon Corp Purchases New Position in Liquidity Services, Inc. $LQDT

Key Points

• Bank of New York Mellon acquired 139,485 shares of Liquidity Services in the second quarter, worth approximately $5.46 million. Institutional investors collectively own 71.15% of the company.
• Liquidity Services reported quarterly EPS of $0.45, exceeding estimates of $0.34, while revenue reached $129.58 million. The company issued fourth-quarter 2026 EPS guidance of $0.410 to $0.500.
• Analysts maintain a favorable outlook, with the stock carrying an average “Buy” rating and a $50 price target; however, insiders have sold 97,070 shares worth about $3.7 million over the past 90 days.

Bank of New York Mellon Corp acquired a new stake in Liquidity Services, Inc. (NASDAQ:LQDT - Free Report) in the second quarter, according to its most recent filing with the SEC. The fund acquired 139,485 shares of the business services provider's stock, valued at approximately $5,457,000. Bank of New York Mellon Corp owned approximately 0.45% of Liquidity Services at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Tower Research Capital LLC TRC boosted its stake in Liquidity Services by 451.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,700 shares of the business services provider's stock worth $64,000 after purchasing an additional 2,210 shares during the period. Meeder Asset Management Inc. bought a new stake in shares of Liquidity Services during the first quarter valued at about $97,000. Fifth Third Bancorp increased its position in shares of Liquidity Services by 4,505.7% during the first quarter. Fifth Third Bancorp now owns 3,224 shares of the business services provider's stock valued at $99,000 after buying an additional 3,154 shares during the period. Kemnay Advisory Services Inc. purchased a new stake in shares of Liquidity Services in the fourth quarter worth about $163,000. Finally, GAMMA Investing LLC lifted its holdings in shares of Liquidity Services by 5.4% in the second quarter. GAMMA Investing LLC now owns 5,957 shares of the business services provider's stock worth $233,000 after buying an additional 306 shares in the last quarter. Institutional investors own 71.15% of the company's stock.

Liquidity Services Trading Up 4.0%

LQDT opened at $42.10 on Friday. The company has a market cap of $1.32 billion, a price-to-earnings ratio of 41.27 and a beta of 1.07. The stock has a fifty day simple moving average of $40.20 and a two-hundred day simple moving average of $35.93. Liquidity Services, Inc. has a 12-month low of $21.67 and a 12-month high of $44.09.

Liquidity Services (NASDAQ:LQDT - Get Free Report) last announced its earnings results on Thursday, August 6th. The business services provider reported $0.45 EPS for the quarter, beating analysts' consensus estimates of $0.34 by $0.11. Liquidity Services had a net margin of 6.79% and a return on equity of 17.60%. The firm had revenue of $129.58 million for the quarter, compared to analysts' expectations of $57.83 million. Liquidity Services has set its Q4 2026 guidance at 0.410-0.500 EPS. On average, analysts predict that Liquidity Services, Inc. will post 1.16 EPS for the current year.

Insider Buying and Selling

In other Liquidity Services news, Director Jaime Mateus-Tique sold 38,471 shares of Liquidity Services stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $37.99, for a total transaction of $1,461,513.29. Following the completion of the transaction, the director owned 164,380 shares in the company, valued at approximately $6,244,796.20. The trade was a 18.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP John Daunt sold 10,139 shares of the stock in a transaction dated Wednesday, June 24th. The shares were sold at an average price of $39.24, for a total transaction of $397,854.36. Following the sale, the executive vice president directly owned 38,086 shares in the company, valued at $1,494,494.64. This trade represents a 21.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 97,070 shares of company stock valued at $3,702,139. 28.06% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Zacks Research raised shares of Liquidity Services from a "hold" rating to a "strong-buy" rating in a report on Thursday, August 27th. Barrington Research set a $50.00 price target on shares of Liquidity Services in a report on Friday, August 7th. Weiss Ratings upgraded Liquidity Services from a "buy (b-)" rating to a "buy (b)" rating in a research report on Tuesday, August 11th. Finally, Wall Street Zen raised Liquidity Services from a "buy" rating to a "strong-buy" rating in a research note on Sunday, August 16th. One equities research analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the stock. According to MarketBeat, Liquidity Services presently has an average rating of "Buy" and an average price target of $50.00.

Liquidity Services Company Profile

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.

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