Franklin Resources Inc. Sells 212,431 Shares of Liquidity Services, Inc. $LQDT

Franklin Resources Inc. decreased its position in Liquidity Services, Inc. (NASDAQ:LQDT) by 92.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,093 shares of the business services provider’s stock after selling 212,431 shares during the quarter. Franklin Resources Inc.’s holdings in Liquidity Services were worth $403,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Strs Ohio bought a new stake in Liquidity Services in the 1st quarter worth about $592,000. Harbor Capital Advisors Inc. boosted its stake in shares of Liquidity Services by 337,736.2% in the 2nd quarter. Harbor Capital Advisors Inc. now owns 195,945 shares of the business services provider’s stock worth $4,622,000 after buying an additional 195,887 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Liquidity Services by 11.5% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,606 shares of the business services provider’s stock worth $143,000 after buying an additional 476 shares during the last quarter. Voya Investment Management LLC grew its holdings in shares of Liquidity Services by 44.6% in the first quarter. Voya Investment Management LLC now owns 37,371 shares of the business services provider’s stock valued at $1,159,000 after acquiring an additional 11,525 shares in the last quarter. Finally, Acadian Asset Management LLC increased its position in shares of Liquidity Services by 39.6% during the first quarter. Acadian Asset Management LLC now owns 908,562 shares of the business services provider’s stock valued at $28,157,000 after acquiring an additional 257,948 shares during the last quarter. 71.15% of the stock is owned by institutional investors.

Liquidity Services Stock Up 0.3%

Shares of NASDAQ:LQDT opened at $30.13 on Tuesday. The firm has a market capitalization of $923.18 million, a PE ratio of 34.63 and a beta of 1.13. The company has a 50-day moving average price of $25.48 and a two-hundred day moving average price of $25.24. Liquidity Services, Inc. has a twelve month low of $21.67 and a twelve month high of $39.72.

Liquidity Services (NASDAQ:LQDT) last announced its quarterly earnings results on Thursday, November 20th. The business services provider reported $0.37 EPS 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 analysts’ expectations of $100.86 million. Liquidity Services had a net margin of 6.43% and a return on equity of 21.06%. Liquidity Services has set its Q1 2026 guidance at 0.250-0.350 EPS.

Wall Street Analyst Weigh In

Several research firms have weighed in on LQDT. Zacks Research raised Liquidity Services to a “hold” rating in a research report on Wednesday, November 26th. Weiss Ratings reissued a “hold (c)” rating on shares of Liquidity Services in a report on Wednesday, October 8th. Finally, Barrington Research restated an “outperform” rating and set a $40.00 price target on shares of Liquidity Services in a research report on Monday, November 24th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $38.50.

Insiders Place Their Bets

In other Liquidity Services news, Director Jaime Mateus-Tique sold 5,403 shares of the stock in a transaction on Monday, September 15th. The stock was sold at an average price of $27.45, for a total transaction of $148,312.35. Following the sale, the director owned 164,562 shares in the company, valued at $4,517,226.90. This represents a 3.18% decrease in their ownership of the stock. 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 firm’s 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 completion of the transaction, the chief financial officer directly owned 34,308 shares of the company’s stock, valued at $1,029,583.08. The trade was a 6.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 27,565 shares of company stock worth $805,056 in the last three months. Insiders own 28.40% of the company’s stock.

Liquidity Services Company Profile

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.