Squarepoint Ops LLC grew its holdings in shares of Liquidity Services, Inc. (NASDAQ:LQDT – Free Report) by 213.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 126,976 shares of the business services provider’s stock after purchasing an additional 86,447 shares during the period. Squarepoint Ops LLC owned approximately 0.41% of Liquidity Services worth $2,995,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds also recently made changes to their positions in the business. Rhumbline Advisers lifted its stake in Liquidity Services by 0.8% during the first quarter. Rhumbline Advisers now owns 63,884 shares of the business services provider’s stock valued at $1,981,000 after purchasing an additional 486 shares during the last quarter. Fuller & Thaler Asset Management Inc. increased its holdings in shares of Liquidity Services by 3.2% in the first quarter. Fuller & Thaler Asset Management Inc. now owns 15,895 shares of the business services provider’s stock valued at $493,000 after buying an additional 500 shares in the last quarter. Quarry LP lifted its position in shares of Liquidity Services by 38.0% during the 1st quarter. Quarry LP now owns 2,006 shares of the business services provider’s stock valued at $62,000 after acquiring an additional 552 shares during the last quarter. Legal & General Group Plc boosted its stake in shares of Liquidity Services by 0.9% during the 2nd quarter. Legal & General Group Plc now owns 64,366 shares of the business services provider’s stock worth $1,518,000 after acquiring an additional 556 shares in the last quarter. Finally, Aviva PLC grew its holdings in shares of Liquidity Services by 3.1% in the 2nd quarter. Aviva PLC now owns 19,861 shares of the business services provider’s stock worth $469,000 after acquiring an additional 599 shares during the last quarter. Institutional investors and hedge funds own 71.15% of the company’s stock.
Wall Street Analyst Weigh In
Several equities research analysts have recently commented on the company. Zacks Research raised Liquidity Services to a “hold” rating in a report on Wednesday, November 26th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Liquidity Services in a research note on Wednesday, October 8th. Finally, Barrington Research reissued an “outperform” rating and issued a $40.00 target price on shares of Liquidity Services in a research report on Monday, November 24th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $40.00.
Liquidity Services Trading Up 0.3%
Shares of Liquidity Services stock opened at $32.01 on Wednesday. Liquidity Services, Inc. has a 1 year low of $21.67 and a 1 year high of $39.72. The company has a market cap of $980.79 million, a P/E ratio of 36.79 and a beta of 1.13. The stock has a 50-day moving average price of $26.04 and a 200 day moving average price of $25.58.
Liquidity Services (NASDAQ:LQDT – Get Free Report) last issued its earnings results on Thursday, November 20th. The business services provider reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.08. The company had revenue of $118.09 million for the quarter, compared to the consensus estimate of $100.86 million. Liquidity Services had a return on equity of 21.06% and a net margin of 6.43%.Liquidity Services has set its Q1 2026 guidance at 0.250-0.350 EPS.
Insiders Place Their Bets
In other news, Director Katharin S. Dyer sold 8,196 shares of the business’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $31.62, for a total transaction of $259,157.52. Following the transaction, the director directly owned 36,395 shares in the company, valued at $1,150,809.90. The trade was a 18.38% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Jorge Celaya sold 2,451 shares of the stock in a transaction on Monday, December 1st. The stock was sold at an average price of $30.01, for a total value of $73,554.51. Following the sale, the chief financial officer owned 34,308 shares of the company’s stock, valued at approximately $1,029,583.08. This represents a 6.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 25,761 shares of company stock valued at $789,759 in the last three months. Company insiders own 28.40% of the company’s stock.
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.
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