608,476 Shares in Liquidity Services, Inc. $LQDT Bought by Rice Hall James & Associates LLC

Rice Hall James & Associates LLC acquired a new stake in Liquidity Services, Inc. (NASDAQ:LQDTFree Report) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 608,476 shares of the business services provider’s stock, valued at approximately $23,804,000. Liquidity Services makes up about 1.2% of Rice Hall James & Associates LLC’s holdings, making the stock its 23rd biggest holding. Rice Hall James & Associates LLC owned approximately 1.95% of Liquidity Services at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Persistent Asset Partners Ltd bought a new position in shares of Liquidity Services in the second quarter worth about $35,000. Tower Research Capital LLC TRC boosted its stake in shares of Liquidity Services by 451.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,700 shares of the business services provider’s stock valued at $64,000 after purchasing an additional 2,210 shares in the last quarter. Meeder Asset Management Inc. bought a new stake in shares of Liquidity Services during the 1st quarter valued at approximately $97,000. Fifth Third Bancorp grew its holdings in shares of Liquidity Services by 4,505.7% during the 1st quarter. Fifth Third Bancorp now owns 3,224 shares of the business services provider’s stock valued at $99,000 after purchasing an additional 3,154 shares during the last quarter. Finally, Kemnay Advisory Services Inc. acquired a new position in Liquidity Services during the 4th quarter worth approximately $163,000. Institutional investors own 71.15% of the company’s stock.

Insider Activity

In other news, SVP Steven Weiskircher sold 11,477 shares of the stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $34.23, for a total value of $392,857.71. Following the completion of the sale, the senior vice president owned 58,559 shares of the company’s stock, valued at approximately $2,004,474.57. This represents a 16.39% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, VP Mark A. Shaffer sold 45,246 shares of the firm’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $34.00, for a total value of $1,538,364.00. Following the transaction, the vice president owned 28,398 shares of the company’s stock, valued at $965,532. This trade represents a 61.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 196,261 shares of company stock worth $7,153,183. 28.06% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

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

Check Out Our Latest Report on Liquidity Services

Liquidity Services Stock Performance

Shares of NASDAQ LQDT opened at $42.71 on Tuesday. The firm has a 50 day moving average price of $39.07 and a two-hundred day moving average price of $34.97. The stock has a market cap of $1.34 billion, a P/E ratio of 41.87 and a beta of 1.10. Liquidity Services, Inc. has a 52-week low of $21.67 and a 52-week high of $43.82.

Liquidity Services (NASDAQ:LQDTGet Free Report) last issued its quarterly earnings results on Thursday, August 6th. The business services provider reported $0.45 EPS 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 company had revenue of $129.58 million for the quarter, compared to analyst estimates of $57.83 million. Liquidity Services has set its Q4 2026 guidance at 0.410-0.500 EPS. Analysts predict that Liquidity Services, Inc. will post 1 earnings per share for the current fiscal year.

Liquidity Services Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Liquidity Services (NASDAQ:LQDT)

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