Assenagon Asset Management S.A. Has $5.56 Million Stock Position in Liquidity Services, Inc. $LQDT

Assenagon Asset Management S.A. lowered its stake in Liquidity Services, Inc. (NASDAQ:LQDT) by 23.2% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 181,959 shares of the business services provider’s stock after selling 54,858 shares during the period. Assenagon Asset Management S.A.’s holdings in Liquidity Services were worth $5,562,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Tower Research Capital LLC TRC increased its position in shares of Liquidity Services by 451.0% during the second quarter. Tower Research Capital LLC TRC now owns 2,700 shares of the business services provider’s stock worth $64,000 after acquiring an additional 2,210 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in 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 acquiring an additional 363 shares in the last quarter. Kemnay Advisory Services Inc. acquired a new position in Liquidity Services in the 4th quarter worth $163,000. BNP Paribas Financial Markets increased its holdings in Liquidity Services by 52.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 5,970 shares of the business services provider’s stock worth $164,000 after purchasing an additional 2,045 shares in the last quarter. Finally, iSAM Funds UK Ltd bought a new position in Liquidity Services during the 3rd quarter worth about $199,000. Institutional investors and hedge funds own 71.15% of the company’s stock.

Liquidity Services Price Performance

Shares of NASDAQ:LQDT opened at $39.09 on Tuesday. The company’s 50-day moving average price is $36.04 and its two-hundred day moving average price is $32.95. Liquidity Services, Inc. has a one year low of $21.67 and a one year high of $39.93. The stock has a market capitalization of $1.22 billion, a PE ratio of 42.03 and a beta of 1.09.

Liquidity Services (NASDAQ:LQDT) last announced its quarterly earnings data 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 company had revenue of $120.73 million during the quarter, compared to analysts’ expectations 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. On average, analysts anticipate that Liquidity Services, Inc. will post 1 earnings per share for the current fiscal year.

Insider Activity

In other Liquidity Services news, SVP Steven Weiskircher sold 11,477 shares of the firm’s stock in a transaction that occurred on 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 directly owned 58,559 shares in the company, valued at $2,004,474.57. This trade represents a 16.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 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 transaction, the vice president directly owned 28,398 shares in the company, valued at $965,532. This trade represents a 61.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 213,921 shares of company stock valued at $7,755,948. Corporate insiders own 28.06% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently commented on LQDT. Weiss Ratings upgraded Liquidity Services from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, June 24th. Zacks Research downgraded Liquidity Services from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 7th. Barrington Research reissued an “outperform” rating and issued a $44.00 target price on shares of Liquidity Services in a research report on Thursday, May 21st. Finally, Wall Street Zen cut Liquidity Services from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 6th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, Liquidity Services presently has a consensus rating of “Moderate Buy” and a consensus target price of $44.00.

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.