Kings Path Partners LLC Acquires New Holdings in Liquidity Services, Inc. $LQDT

Kings Path Partners LLC acquired a new position in Liquidity Services, Inc. (NASDAQ:LQDT) during the third quarter, HoldingsChannel.com reports. The fund acquired 11,675 shares of the business services provider’s stock, valued at approximately $500,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Nisa Investment Advisors LLC increased its holdings in Liquidity Services by 62.2% during the third quarter. Nisa Investment Advisors LLC now owns 4,293 shares of the business services provider’s stock valued at $184,000 after buying an additional 1,646 shares during the last quarter. Willis Investment Counsel raised its position in Liquidity Services by 9.8% in the third quarter. Willis Investment Counsel now owns 212,377 shares of the business services provider’s stock worth $9,096,000 after acquiring an additional 18,936 shares during the period. USA Financial Formulas bought a new position in Liquidity Services in the third quarter worth approximately $83,000. Ifrah Financial Services Inc. bought a new position in Liquidity Services in the third quarter worth approximately $352,000. Finally, GAMMA Investing LLC boosted its stake in shares of Liquidity Services by 9.0% during the 3rd quarter. GAMMA Investing LLC now owns 6,496 shares of the business services provider’s stock worth $278,000 after acquiring an additional 539 shares during the last quarter. Hedge funds and other institutional investors own 71.15% of the company’s stock.

Liquidity Services Stock Up 0.4%

LQDT stock opened at $43.56 on Thursday. Liquidity Services, Inc. has a twelve month low of $21.67 and a twelve month high of $45.00. The stock has a market cap of $1.36 billion, a P/E ratio of 42.71 and a beta of 1.04. The business’s 50-day moving average price is $42.67 and its 200-day moving average price is $38.82.

Liquidity Services (NASDAQ:LQDT) last announced its quarterly earnings data on Thursday, August 6th. The business services provider reported $0.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.34 by $0.11. The company had revenue of $129.58 million during the quarter, compared to the consensus estimate 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, equities research analysts expect that Liquidity Services, Inc. will post 1.16 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have recently weighed in on LQDT shares. Zacks Research cut shares of Liquidity Services from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 12th. Wall Street Zen upgraded Liquidity Services from a “buy” rating to a “strong-buy” rating in a research note on Sunday, August 16th. Weiss Ratings raised Liquidity Services from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, August 11th. Finally, Barrington Research set a $50.00 target price on Liquidity Services in a report on Friday, August 7th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $50.00.

Insider Buying and Selling

In other Liquidity Services news, EVP John Daunt sold 715 shares of Liquidity Services stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $42.75, for a total transaction of $30,566.25. Following the transaction, the executive vice president owned 38,086 shares of the company’s stock, valued at $1,628,176.50. The trade was a 1.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In the last quarter, insiders have sold 2,145 shares of company stock worth $87,959. 28.06% of the stock is currently owned by company insiders.

Liquidity Services Company Profile

Liquidity Services, Inc operates online marketplaces and related services for buying and selling surplus, returned, and otherwise excess assets. The company connects governments, businesses, and other organizations with buyers seeking products ranging from consumer goods and industrial equipment to vehicles, heavy machinery, and other capital assets.

Its platforms include GovDeals, which serves public-sector sellers; Liquidation.com, which facilitates the sale of surplus and returned inventory; and Machinio, a marketplace focused on used equipment.