Sterling Capital Management LLC Lowers Position in Liquidity Services, Inc. $LQDT

Sterling Capital Management LLC decreased its position in shares of Liquidity Services, Inc. (NASDAQ:LQDT) by 55.9% during the first quarter, Holdings Channel.com reports. The firm owned 28,393 shares of the business services provider’s stock after selling 36,015 shares during the period. Sterling Capital Management LLC’s holdings in Liquidity Services were worth $868,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in LQDT. Tower Research Capital LLC TRC lifted its stake 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 purchasing an additional 2,210 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in Liquidity Services by 20.7% in the fourth 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 in the last quarter. Kemnay Advisory Services Inc. purchased a new position in Liquidity Services in the fourth quarter valued at $163,000. BNP Paribas Financial Markets raised its position in shares of Liquidity Services by 52.1% in the third quarter. BNP Paribas Financial Markets now owns 5,970 shares of the business services provider’s stock worth $164,000 after acquiring an additional 2,045 shares during the period. Finally, iSAM Funds UK Ltd acquired a new position in shares of Liquidity Services in the third quarter worth about $199,000. 71.15% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Liquidity Services

In related news, EVP John Daunt sold 10,139 shares of Liquidity Services stock in a transaction dated Wednesday, June 24th. The stock was sold at an average price of $39.24, for a total value of $397,854.36. Following the sale, the executive vice president directly owned 38,086 shares in the company, valued at approximately $1,494,494.64. The trade was a 21.02% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, VP Mark A. Shaffer sold 45,246 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $34.00, for a total value of $1,538,364.00. Following the sale, the vice president owned 28,398 shares of the company’s stock, valued at approximately $965,532. This trade represents a 61.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 213,960 shares of company stock worth $7,757,473 in the last three months. 28.06% of the stock is owned by corporate insiders.

Liquidity Services Stock Up 0.1%

LQDT opened at $39.12 on Wednesday. The company has a market cap of $1.22 billion, a price-to-earnings ratio of 42.06 and a beta of 1.09. Liquidity Services, Inc. has a 52-week low of $21.67 and a 52-week high of $39.93. The firm’s fifty day simple moving average is $36.14 and its two-hundred day simple moving average is $33.01.

Liquidity Services (NASDAQ:LQDT) last released its earnings results on Thursday, May 7th. The business services provider reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.05. Liquidity Services had a net margin of 6.30% and a return on equity of 18.49%. The business had revenue of $120.73 million during the quarter, compared to analysts’ expectations of $52.86 million. Liquidity Services has set its Q3 2026 guidance at 0.300-0.390 EPS. On average, research analysts forecast that Liquidity Services, Inc. will post 1 EPS for the current year.

Analyst Ratings Changes

A number of research firms have recently commented on LQDT. Zacks Research cut Liquidity Services from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 7th. Wall Street Zen cut Liquidity Services from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 6th. Weiss Ratings upgraded Liquidity Services from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, June 24th. Finally, Barrington Research reissued an “outperform” rating and issued a $44.00 price objective on shares of Liquidity Services in a report on Thursday, May 21st. 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 MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $44.00.

Liquidity Services 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.