Public Sector Pension Investment Board Purchases 16,508 Shares of Liquidity Services, Inc. $LQDT

Key Points

• The Public Sector Pension Investment Board increased its holdings in Liquidity Services, Inc. by 29.7%, owning 72,059 shares valued at approximately $2.24 million.
• Liquidity Services reported earnings per share of $0.34 for its recent quarter, exceeding analyst expectations of $0.32.
• The stock currently has a consensus rating of "Buy" with a target price of $38.50, despite a recent downgrade from "strong-buy" by Wall Street Zen.

Public Sector Pension Investment Board lifted its stake in shares of Liquidity Services, Inc. (NASDAQ:LQDT - Free Report) by 29.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 72,059 shares of the business services provider's stock after acquiring an additional 16,508 shares during the quarter. Public Sector Pension Investment Board owned 0.23% of Liquidity Services worth $2,235,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Nuveen LLC bought a new stake in shares of Liquidity Services during the 1st quarter worth $2,150,000. Invesco Ltd. boosted its stake in shares of Liquidity Services by 243.1% during the 1st quarter. Invesco Ltd. now owns 405,489 shares of the business services provider's stock worth $12,574,000 after acquiring an additional 287,301 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its stake in shares of Liquidity Services by 52.9% during the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 129,881 shares of the business services provider's stock worth $4,028,000 after acquiring an additional 44,921 shares in the last quarter. CenterBook Partners LP bought a new stake in shares of Liquidity Services during the 1st quarter worth $8,682,000. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Liquidity Services by 7.8% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 221,441 shares of the business services provider's stock worth $6,867,000 after acquiring an additional 16,088 shares in the last quarter. 71.15% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms have recently weighed in on LQDT. Barrington Research reissued an "outperform" rating and set a $40.00 price objective on shares of Liquidity Services in a research note on Thursday. Wall Street Zen lowered Liquidity Services from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 9th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Liquidity Services presently has an average rating of "Buy" and an average price target of $38.50.

Insider Buying and Selling

In other Liquidity Services news, Director George H. Ellis sold 7,500 shares of the company's stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $25.35, for a total value of $190,125.00. Following the transaction, the director directly owned 15,708 shares of the company's stock, valued at $398,197.80. This represents a 32.32% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 28.40% of the stock is owned by company insiders.

Liquidity Services Stock Performance

Shares of NASDAQ LQDT traded up $1.00 during mid-day trading on Friday, reaching $27.20. The company had a trading volume of 279,791 shares, compared to its average volume of 352,644. The stock has a fifty day moving average of $24.46 and a two-hundred day moving average of $27.88. The company has a market capitalization of $849.73 million, a price-to-earnings ratio of 32.77 and a beta of 1.21. Liquidity Services, Inc. has a 12-month low of $21.00 and a 12-month high of $39.72.

Liquidity Services (NASDAQ:LQDT - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The business services provider reported $0.34 EPS for the quarter, beating 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 firm 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.

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.