Willis Investment Counsel Purchases 18,936 Shares of Liquidity Services, Inc. $LQDT

Willis Investment Counsel boosted its holdings in shares of Liquidity Services, Inc. (NASDAQ:LQDT) by 9.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 212,377 shares of the business services provider’s stock after buying an additional 18,936 shares during the quarter. Willis Investment Counsel’s holdings in Liquidity Services were worth $9,096,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. USA Financial Formulas acquired a new position in shares of Liquidity Services during the third quarter valued at about $83,000. Ifrah Financial Services Inc. bought a new position in Liquidity Services in the 3rd quarter worth approximately $352,000. GAMMA Investing LLC boosted its stake in shares of Liquidity Services by 9.0% in the 3rd quarter. GAMMA Investing LLC now owns 6,496 shares of the business services provider’s stock valued at $278,000 after purchasing an additional 539 shares during the last quarter. Argent Capital Management LLC increased its stake in shares of Liquidity Services by 27.6% in the 3rd quarter. Argent Capital Management LLC now owns 29,491 shares of the business services provider’s stock valued at $1,263,000 after acquiring an additional 6,370 shares during the last quarter. Finally, Engineers Gate Manager LP increased its holdings in shares of Liquidity Services by 85.6% in the second quarter. Engineers Gate Manager LP now owns 24,170 shares of the business services provider’s stock worth $946,000 after acquiring an additional 11,150 shares in the last quarter. 71.15% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on LQDT. Wall Street Zen upgraded Liquidity Services from a “buy” rating to a “strong-buy” rating in a research note on Sunday, August 16th. Zacks Research lowered shares of Liquidity Services from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 12th. Barrington Research set a $50.00 price target on Liquidity Services in a research note on Friday, August 7th. Finally, 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. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $50.00.

Liquidity Services Trading Up 1.2%

Shares of LQDT stock traded up $0.51 on Tuesday, hitting $43.59. 30,207 shares of the stock were exchanged, compared to its average volume of 192,225. The firm has a market capitalization of $1.37 billion, a PE ratio of 42.77 and a beta of 1.04. Liquidity Services, Inc. has a one year low of $21.67 and a one year high of $45.00. The firm’s 50 day moving average is $42.63 and its two-hundred day moving average is $38.65.

Liquidity Services (NASDAQ:LQDT) last released its quarterly earnings results on Thursday, August 6th. The business services provider reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.34 by $0.11. The firm had revenue of $129.58 million during the quarter, compared to analyst estimates of $57.83 million. Liquidity Services had a net margin of 6.79% and a return on equity of 17.60%. 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 earnings per share for the current year.

Insiders Place Their Bets

In other Liquidity Services news, EVP John Daunt sold 715 shares of the business’s stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $42.75, for a total value of $30,566.25. Following the completion of the transaction, the executive vice president owned 38,086 shares of the company’s stock, valued at approximately $1,628,176.50. The trade was a 1.84% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last ninety days, insiders have sold 2,145 shares of company stock valued at $87,959. 28.06% of the stock is owned by insiders.

Liquidity Services Company Profile

Liquidity Services, Inc (NASDAQ: LQDT) operates online marketplaces and related services for managing and selling surplus, returned, and otherwise underutilized assets. The company helps businesses, government agencies, and other organizations recover value from excess inventory and equipment while supporting the reuse and redistribution of goods.

Its marketplace portfolio includes GovDeals, which serves public-sector sellers; Liquidation.com and AllSurplus, which facilitate the sale of surplus and returned merchandise; and Machinio, a search marketplace for used equipment.