Globeflex Capital L P Acquires Shares of 27,002 Liquidity Services, Inc. $LQDT

Key Points

• Globeflex Capital acquired 27,002 shares of Liquidity Services in the second quarter, while institutional ownership reached 71.15% as other major investors—including BlackRock, Vanguard and Ameriprise—also increased or initiated positions.
• Liquidity Services reported quarterly EPS of $0.45, beating estimates of $0.34, on revenue of $129.58 million. The stock opened at $43.23, near its 52-week high of $44.09.
• Analyst sentiment is generally positive, with the company carrying a “Moderate Buy” consensus rating and a $50 price target; however, insiders sold 121,566 shares worth approximately $4.6 million over the past 90 days.

Globeflex Capital L P bought a new position in shares of Liquidity Services, Inc. (NASDAQ:LQDT - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 27,002 shares of the business services provider's stock, valued at approximately $1,056,000. Globeflex Capital L P owned 0.09% of Liquidity Services as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of LQDT. BlackRock Inc. acquired a new position in shares of Liquidity Services in the second quarter valued at approximately $140,508,000. Vanguard Group Inc. grew its stake in shares of Liquidity Services by 3.1% in the fourth quarter. Vanguard Group Inc. now owns 1,813,734 shares of the business services provider's stock valued at $54,974,000 after acquiring an additional 54,045 shares in the last quarter. Ameriprise Financial Inc. raised its stake in Liquidity Services by 55.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,281,332 shares of the business services provider's stock worth $30,227,000 after purchasing an additional 454,988 shares in the last quarter. Punch & Associates Investment Management Inc. grew its position in shares of Liquidity Services by 1.1% during the 1st quarter. Punch & Associates Investment Management Inc. now owns 920,394 shares of the business services provider's stock worth $28,136,000 after purchasing an additional 10,148 shares in the last quarter. Finally, Wellington Management Group LLP increased its holdings in shares of Liquidity Services by 18.3% during the third quarter. Wellington Management Group LLP now owns 884,001 shares of the business services provider's stock worth $24,248,000 after purchasing an additional 136,626 shares during the period. 71.15% of the stock is owned by institutional investors.

Liquidity Services Price Performance

Shares of NASDAQ:LQDT opened at $43.23 on Tuesday. Liquidity Services, Inc. has a one year low of $21.67 and a one year high of $44.09. The company has a market cap of $1.35 billion, a price-to-earnings ratio of 42.38 and a beta of 1.10. The firm has a 50 day simple moving average of $39.61 and a 200 day simple moving average of $35.37.

Liquidity Services (NASDAQ:LQDT - Get Free Report) last posted its earnings results on Thursday, August 6th. The business services provider reported $0.45 earnings per share for the quarter, topping 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. As a group, analysts expect that Liquidity Services, Inc. will post 1.16 EPS for the current year.

Insiders Place Their Bets

In other Liquidity Services news, Director Jaime Mateus-Tique sold 38,471 shares of the stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $37.99, for a total value of $1,461,513.29. Following the completion of the transaction, the director directly owned 164,380 shares in the company, valued at approximately $6,244,796.20. This trade represents a 18.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Jorge Celaya sold 9,951 shares of Liquidity Services stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $36.79, for a total value of $366,097.29. Following the sale, the chief financial officer directly owned 66,895 shares in the company, valued at $2,461,067.05. The trade was a 12.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 121,566 shares of company stock valued at $4,595,687 in the last 90 days. Corporate insiders own 28.06% of the company's stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on LQDT. Zacks Research raised Liquidity Services from a "strong sell" rating to a "hold" rating in a research report on Tuesday, July 28th. Barrington Research set a $50.00 target price on Liquidity Services in a report on Friday, August 7th. Wall Street Zen upgraded Liquidity Services from a "buy" rating to a "strong-buy" rating in a research report on Sunday, August 16th. Finally, Weiss Ratings raised shares of Liquidity Services from a "buy (b-)" rating to a "buy (b)" rating in a research report on Tuesday, August 11th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Liquidity Services presently has an average rating of "Moderate Buy" and a consensus price target of $50.00.

Liquidity Services 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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