Great Lakes Advisors LLC Invests $774,000 in Liquidity Services, Inc. $LQDT

Great Lakes Advisors LLC bought a new stake in shares of Liquidity Services, Inc. (NASDAQ:LQDT) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 19,786 shares of the business services provider’s stock, valued at approximately $774,000.

Several other hedge funds and other institutional investors also recently modified their holdings of LQDT. Persistent Asset Partners Ltd bought a new position in Liquidity Services in the second quarter worth about $35,000. Tower Research Capital LLC TRC lifted its holdings in Liquidity Services by 451.0% in the second quarter. Tower Research Capital LLC TRC now owns 2,700 shares of the business services provider’s stock worth $64,000 after buying an additional 2,210 shares during the period. Meeder Asset Management Inc. bought a new stake in Liquidity Services during the 1st quarter valued at approximately $97,000. Fifth Third Bancorp boosted its position in 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 acquiring an additional 3,154 shares in the last quarter. Finally, Kemnay Advisory Services Inc. purchased a new position in shares of Liquidity Services during the 4th quarter worth approximately $163,000. Hedge funds and other institutional investors own 71.15% of the company’s stock.

Liquidity Services Stock Up 1.2%

Shares of LQDT opened at $43.27 on Friday. The company has a market capitalization of $1.36 billion, a P/E ratio of 42.42 and a beta of 1.10. The firm has a 50 day moving average of $39.50 and a 200 day moving average of $35.26. Liquidity Services, Inc. has a twelve month low of $21.67 and a twelve month high of $44.09.

Liquidity Services (NASDAQ:LQDT) last released its quarterly earnings data on Thursday, August 6th. The business services provider reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.11. The business had revenue of $129.58 million for the quarter, compared to analysts’ expectations of $57.83 million. Liquidity Services had a return on equity of 17.60% and a net margin of 6.79%.Liquidity Services has set its Q4 2026 guidance at 0.410-0.500 EPS. On average, sell-side analysts expect that Liquidity Services, Inc. will post 1.16 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on LQDT. Zacks Research raised Liquidity Services from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 28th. Barrington Research set a $50.00 price target on Liquidity Services in a research report on Friday, August 7th. Wall Street Zen upgraded Liquidity Services from a “buy” rating to a “strong-buy” rating in a research report on Sunday, August 16th. Finally, Weiss Ratings raised Liquidity Services from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, August 11th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $50.00.

Insiders Place Their Bets

In other news, EVP John Daunt sold 715 shares of the company’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $39.00, for a total transaction of $27,885.00. Following the transaction, the executive vice president directly owned 38,086 shares of the company’s stock, valued at $1,485,354. This represents a 1.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Jorge Celaya sold 3,842 shares of the stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $37.26, for a total value of $143,152.92. Following the sale, the chief financial officer directly owned 66,895 shares in the company, valued at $2,492,507.70. This trade represents a 5.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 132,869 shares of company stock valued at $4,994,005. Corporate insiders own 28.06% of the company’s stock.

Liquidity Services Company Profile

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.