Liquidity Services (NASDAQ:LQDT) Stock Passes Above 200-Day Moving Average – Here’s What Happened

Liquidity Services, Inc. (NASDAQ:LQDTGet Free Report)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $32.38 and traded as high as $38.00. Liquidity Services shares last traded at $37.88, with a volume of 138,009 shares trading hands.

Analysts Set New Price Targets

LQDT has been the topic of several research analyst reports. Wall Street Zen downgraded Liquidity Services from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 6th. Zacks Research downgraded Liquidity Services from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 7th. Weiss Ratings upgraded Liquidity Services from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, May 7th. Finally, Barrington Research reiterated an “outperform” rating and set a $44.00 price target on shares of Liquidity Services in a research note on Thursday, May 21st. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, Liquidity Services currently has an average rating of “Hold” and an average target price of $44.00.

Read Our Latest Analysis on Liquidity Services

Liquidity Services Stock Performance

The company has a 50 day simple moving average of $35.12 and a two-hundred day simple moving average of $32.48. The firm has a market cap of $1.14 billion, a PE ratio of 39.29 and a beta of 1.09.

Liquidity Services (NASDAQ:LQDTGet Free Report) last posted its quarterly earnings results on Thursday, May 7th. The business services provider reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.05. The business had revenue of $120.73 million for the quarter, compared to the consensus estimate of $52.86 million. Liquidity Services had a return on equity of 18.49% and a net margin of 6.30%.Liquidity Services has set its Q3 2026 guidance at 0.300-0.390 EPS. As a group, research analysts predict that Liquidity Services, Inc. will post 1 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, SVP Steven Weiskircher sold 11,477 shares of the business’s 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 transaction, the senior vice president owned 58,559 shares of the company’s stock, valued at $2,004,474.57. The trade was a 16.39% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Jorge Celaya sold 11,303 shares of the business’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $35.24, for a total value of $398,317.72. Following the completion of the transaction, the chief financial officer directly owned 50,965 shares of the company’s stock, valued at approximately $1,796,006.60. This trade represents a 18.15% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 154,509 shares of company stock worth $5,486,645. 28.06% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Liquidity Services

Institutional investors and hedge funds have recently modified their holdings of the stock. Tower Research Capital LLC TRC lifted its holdings 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 buying an additional 2,210 shares during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Liquidity Services by 20.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,114 shares of the business services provider’s stock valued at $71,000 after buying an additional 363 shares during the period. Meeder Asset Management Inc. acquired a new position in Liquidity Services in the 1st quarter worth about $97,000. Fifth Third Bancorp raised its holdings in Liquidity Services by 4,505.7% in the 1st quarter. Fifth Third Bancorp now owns 3,224 shares of the business services provider’s stock worth $99,000 after purchasing an additional 3,154 shares during the period. Finally, Kemnay Advisory Services Inc. acquired a new position in Liquidity Services in the 4th quarter worth about $163,000. Institutional investors and hedge funds own 71.15% of the company’s stock.

About Liquidity Services

(Get 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.

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