Punch & Associates Investment Management Inc. Sells 195,000 Shares of Liquidity Services, Inc. $LQDT

Key Points

• Punch & Associates Investment Management Inc. has reduced its stake in Liquidity Services, Inc. (LQDT) by 39.1%, now holding 303,358 shares valued at approximately $9.41 million.
• Several institutional investors, including AQR Capital Management and MIRAE ASSET GLOBAL ETFS HOLDINGS, have significantly increased their stakes in Liquidity Services during the first quarter.
• Liquidity Services reported earnings of $0.34 per share for the last quarter, exceeding analysts' expectations, and set guidance for Q4 2025 earnings between $0.240 and $0.340 EPS.

Punch & Associates Investment Management Inc. decreased its holdings in shares of Liquidity Services, Inc. (NASDAQ:LQDT - Free Report) by 39.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 303,358 shares of the business services provider's stock after selling 195,000 shares during the period. Punch & Associates Investment Management Inc. owned about 0.97% of Liquidity Services worth $9,407,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. Vanguard Group Inc. lifted its position in Liquidity Services by 6.2% during the first quarter. Vanguard Group Inc. now owns 1,830,024 shares of the business services provider's stock valued at $56,749,000 after purchasing an additional 107,312 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of Liquidity Services by 651.4% in the fourth quarter. Ameriprise Financial Inc. now owns 798,688 shares of the business services provider's stock worth $25,790,000 after buying an additional 692,390 shares during the period. Royce & Associates LP lifted its position in shares of Liquidity Services by 281.9% during the 1st quarter. Royce & Associates LP now owns 540,928 shares of the business services provider's stock valued at $16,774,000 after buying an additional 399,279 shares in the last quarter. Invesco Ltd. grew 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 valued at $12,574,000 after acquiring an additional 287,301 shares during the period. Finally, Wellington Management Group LLP increased its holdings in Liquidity Services by 27.3% in the 1st quarter. Wellington Management Group LLP now owns 318,175 shares of the business services provider's stock worth $9,867,000 after acquiring an additional 68,322 shares in the last quarter. 71.15% of the stock is owned by institutional investors.

Liquidity Services Price Performance

Shares of LQDT stock traded down $0.62 during mid-day trading on Tuesday, hitting $26.34. The company had a trading volume of 129,819 shares, compared to its average volume of 239,432. The stock's 50 day moving average price is $25.20 and its 200-day moving average price is $27.15. Liquidity Services, Inc. has a 52-week low of $21.23 and a 52-week high of $39.72. The company has a market capitalization of $822.86 million, a P/E ratio of 31.74 and a beta of 1.07.

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 for the quarter, compared to the consensus estimate of $120.41 million. Liquidity Services had a net margin of 6.25% and a return on equity of 20.75%. Liquidity Services has set its Q4 2025 guidance at 0.240-0.340 EPS.

Insider Activity at Liquidity Services

In related news, Director George H. Ellis sold 7,500 shares of the business'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 sale, the director directly owned 15,708 shares in the company, valued at approximately $398,197.80. The trade was a 32.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 28.40% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. 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. Wall Street Zen downgraded shares of Liquidity Services from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 9th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus target price of $38.50.

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.