Harbor Capital Advisors Inc. Has $4.62 Million Stock Holdings in Liquidity Services, Inc. $LQDT

Key Points

• Harbor Capital Advisors Inc. significantly increased its stake in Liquidity Services, lifting its holdings by 337,736.2% in Q2, now owning approximately 0.63% of the company worth $4.6 million.
• Liquidity Services received an average rating of "Buy" from analysts, with a consensus target price set at $38.50, despite Barrington Research maintaining a price target of $40.00.
• The stock of Liquidity Services is currently valued at $28.05 with a PE ratio of 33.80, having reported earnings of $0.34 per share in its last quarterly results, surpassing expectations.

Harbor Capital Advisors Inc. grew its stake in Liquidity Services, Inc. (NASDAQ:LQDT - Free Report) by 337,736.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 195,945 shares of the business services provider's stock after purchasing an additional 195,887 shares during the quarter. Harbor Capital Advisors Inc. owned approximately 0.63% of Liquidity Services worth $4,622,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Allspring Global Investments Holdings LLC lifted its stake in shares of Liquidity Services by 10.6% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 132,134 shares of the business services provider's stock worth $4,097,000 after buying an additional 12,702 shares during the last quarter. Millennium Management LLC lifted its stake in shares of Liquidity Services by 826.0% during the 4th quarter. Millennium Management LLC now owns 196,366 shares of the business services provider's stock worth $6,341,000 after buying an additional 175,161 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Liquidity Services by 25.5% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 71,511 shares of the business services provider's stock worth $2,309,000 after buying an additional 14,542 shares during the last quarter. Principal Financial Group Inc. lifted its stake in shares of Liquidity Services by 4.0% during the 1st quarter. Principal Financial Group Inc. now owns 113,042 shares of the business services provider's stock worth $3,505,000 after buying an additional 4,355 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Liquidity Services by 11.5% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,606 shares of the business services provider's stock worth $143,000 after buying an additional 476 shares during the last quarter. Institutional investors and hedge funds own 71.15% of the company's stock.

Liquidity Services Stock Performance

Shares of Liquidity Services stock traded down $0.47 during midday trading on Friday, hitting $27.77. 531,623 shares of the company traded hands, compared to its average volume of 180,433. The stock has a market cap of $867.53 million, a price-to-earnings ratio of 33.46 and a beta of 1.07. The firm's fifty day moving average price is $25.73 and its 200-day moving average price is $26.89. Liquidity Services, Inc. has a 12 month low of $21.23 and a 12 month high of $39.72.

Liquidity Services (NASDAQ:LQDT - Get Free Report) last posted its earnings results on Thursday, August 7th. The business services provider reported $0.34 EPS for the quarter, topping the consensus estimate of $0.32 by $0.02. Liquidity Services had a net margin of 6.25% and a return on equity of 20.75%. The business had revenue of $119.88 million for 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.

Insider Buying and Selling

In other news, Director George H. Ellis sold 7,500 shares of the business's 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 transaction, the director owned 15,708 shares in the company, valued at approximately $398,197.80. The trade was a 32.32% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Jaime Mateus-Tique sold 5,403 shares of the business's stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $27.45, for a total transaction of $148,312.35. Following the completion of the transaction, the director owned 164,562 shares in the company, valued at $4,517,226.90. This trade represents a 3.18% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 17,500 shares of company stock worth $464,579 in the last 90 days. Corporate insiders own 28.40% of the company's stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Wall Street Zen cut shares of Liquidity Services from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 9th. Barrington Research restated an "outperform" rating and set a $40.00 target price on shares of Liquidity Services in a research note on Thursday, August 21st. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Liquidity Services currently has an average rating of "Buy" and an average target price of $38.50.

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.