Wellington Management Group LLP Increases Stock Holdings in Liquidity Services, Inc. $LQDT

Key Points

• Wellington Management Group LLP increased its stake in Liquidity Services by 27.3%, owning approximately 1.03% of the company after purchasing 68,322 additional shares.
• Liquidity Services has received an average target price of $38.50 from analysts, with Barrington Research reiterating an "outperform" rating and setting a target price of $40.00.
• The company reported $0.34 earnings per share for the latest quarter, surpassing the consensus estimate of $0.32, despite revenue falling slightly short of predictions at $119.88 million.

Wellington Management Group LLP grew its holdings in shares of Liquidity Services, Inc. (NASDAQ:LQDT - Free Report) by 27.3% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 318,175 shares of the business services provider's stock after purchasing an additional 68,322 shares during the quarter. Wellington Management Group LLP owned approximately 1.03% of Liquidity Services worth $9,867,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Roubaix Capital LLC purchased a new stake in Liquidity Services in the 1st quarter worth approximately $3,002,000. American Century Companies Inc. increased its holdings in Liquidity Services by 17.3% in the 1st quarter. American Century Companies Inc. now owns 56,703 shares of the business services provider's stock worth $1,758,000 after acquiring an additional 8,379 shares in the last quarter. Russell Investments Group Ltd. increased its holdings in Liquidity Services by 146,183.3% in the 1st quarter. Russell Investments Group Ltd. now owns 61,439 shares of the business services provider's stock worth $1,928,000 after acquiring an additional 61,397 shares in the last quarter. Public Sector Pension Investment Board increased its holdings in Liquidity Services by 29.7% in the 1st quarter. Public Sector Pension Investment Board now owns 72,059 shares of the business services provider's stock worth $2,235,000 after acquiring an additional 16,508 shares in the last quarter. Finally, Nuveen LLC purchased a new stake in Liquidity Services in the 1st quarter worth approximately $2,150,000. Hedge funds and other institutional investors own 71.15% of the company's stock.

Liquidity Services Stock Performance

LQDT stock traded up $0.29 during trading on Monday, reaching $26.59. The company had a trading volume of 197,679 shares, compared to its average volume of 304,374. The firm has a 50-day simple moving average of $24.76 and a 200-day simple moving average of $27.54. The company has a market cap of $830.59 million, a price-to-earnings ratio of 32.04 and a beta of 1.07. Liquidity Services, Inc. has a twelve month low of $21.00 and a twelve month high of $39.72.

Liquidity Services (NASDAQ:LQDT - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The business services provider reported $0.34 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.32 by $0.02. The company had revenue of $119.88 million during the quarter, compared to the consensus estimate of $120.41 million. Liquidity Services had a return on equity of 20.75% and a net margin of 6.25%. Liquidity Services has set its Q4 2025 guidance at 0.240-0.340 EPS.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Barrington Research reissued an "outperform" rating and issued a $40.00 target price on shares of Liquidity Services in a report on Thursday, August 21st. Wall Street Zen downgraded 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, Based on data from MarketBeat.com, Liquidity Services presently has an average rating of "Buy" and an average target price of $38.50.

Insider Transactions at Liquidity Services

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

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.