Liquidity Services (NASDAQ:LQDT) Stock Price Crosses Above 200-Day Moving Average on Insider Selling

Shares of Liquidity Services, Inc. (NASDAQ:LQDT) crossed above its 200-day moving average during trading on Thursday following insider buying activity. The stock has a 200-day moving average of $31.80 and traded as high as $37.49. Liquidity Services shares last traded at $36.94, with a volume of 140,501 shares trading hands.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on LQDT shares. Barrington Research restated an “outperform” rating and set a $44.00 target price on shares of Liquidity Services in a research report on Thursday, May 21st. Zacks Research lowered shares of Liquidity Services from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 7th. Weiss Ratings upgraded shares of Liquidity Services from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, May 7th. Finally, Wall Street Zen raised shares of Liquidity Services from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 23rd. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $44.00.

Liquidity Services Stock Up 2.2%

The firm has a market cap of $1.15 billion, a PE ratio of 39.72 and a beta of 1.09. The company’s fifty day moving average price is $33.87 and its two-hundred day moving average price is $31.80.

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

Institutional Investors Weigh In On Liquidity Services

Several institutional investors have recently made changes to their positions in LQDT. Ameriprise Financial Inc. boosted its position in shares of Liquidity Services by 55.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,281,332 shares of the business services provider’s stock worth $30,227,000 after purchasing an additional 454,988 shares in the last quarter. Punch & Associates Investment Management Inc. boosted its position in shares of Liquidity Services by 38.9% during the 3rd quarter. Punch & Associates Investment Management Inc. now owns 909,743 shares of the business services provider’s stock worth $24,954,000 after purchasing an additional 254,875 shares in the last quarter. Millennium Management LLC boosted its position in shares of Liquidity Services by 141.9% during the 3rd quarter. Millennium Management LLC now owns 357,707 shares of the business services provider’s stock worth $9,812,000 after purchasing an additional 209,807 shares in the last quarter. Marshall Wace LLP boosted its position in shares of Liquidity Services by 835.0% in the 2nd quarter. Marshall Wace LLP now owns 181,535 shares of the business services provider’s stock worth $4,282,000 after buying an additional 162,120 shares in the last quarter. Finally, Qube Research & Technologies Ltd boosted its position in shares of Liquidity Services by 120.7% in the 2nd quarter. Qube Research & Technologies Ltd now owns 283,301 shares of the business services provider’s stock worth $6,683,000 after buying an additional 154,925 shares in the last quarter. 71.15% of the stock is currently owned by hedge funds and other institutional investors.

About Liquidity Services

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.