Liquidity Services, Inc. (LQDT)

In the past six months, Liquidity Services' stock has experienced various events, including the announcement of its second, third and fourth-quarter fiscal year 2025 earnings conference calls. The company reported an EPS of $0.34 for the third quarter, surpassing analyst estimates. Insider selling has been noted in the past three months. Despite a general "sell-off" in the market, the company's stock has shown a relatively stable price in the past three months compared to the US market. Liquidity Services also participated in various investor conferences during this period. The stock price as of October 10, 2025, was $23.19, showing a 2.61% increase from October 14, 2024.

Demand seasonality impacts Liquidity Services' Gross Merchandise Volume (GMV), particularly within its GovDeals segment. A sequential organic GMV decline has been noted as largely seasonally-driven. The company's countercyclical business model, however, allows it to withstand recessions, as increased bankruptcies, restructuring, or downsizing by companies can lead to an increase in clients seeking their asset liquidation services.

Liquidity Services, Inc. (LQDT) is a technology-driven provider of online B2B marketplaces for surplus and remarketed assets, powering the circular economy by enabling clients to decommission facilities, liquidate excess inventory, and recover value from end-of-life assets. The company operates several wholly-owned platforms, including Liquidation.com for auctions, GovDeals for government entities, Retail Supply Chain Group (RSCG) for corporations in the United States and Canada, Capital Assets Group (CAG) for commercial businesses, Machinio as a search engine platform, and GoIndustry DoveBid for industrial equipment and commercial inventory.

Headquartered in Washington, D.C., Liquidity Services has expanded its geographic footprint to North America, Europe, Asia, and Australia. A substantial portion of the company's revenue is generated from its business in the United States and Canada.

In the past year, Liquidity Services has maintained a focus on its role in the circular economy, helping clients extend asset life and reduce waste, which generally contributes positively to its brand image. The company holds an A+ grade from the Better Business Bureau (BBB). However, its business customer review average is relatively low, at 1.08 out of 5 stars, based on numerous complaints. Recent news includes the expansion of its Machinio platform to support service providers and the sale of significant assets through its AllSurplus marketplace, such as a 26.28 MW DRUPS system and a manufacturing plant.

Liquidity Services, Inc. has a mixed ownership structure comprising institutional, insider, and individual investors. Approximately 71.15% of the stock is held by institutions, indicating strong market trust. Major institutional owners include BlackRock, Inc., Renaissance Technologies Llc, Vanguard Group Inc, Truist Financial Corp, Ameriprise Financial Inc, Staley Capital Advisers Inc, Dimensional Fund Advisors Lp, Acadian Asset Management Llc, and State Street Corp. William P. Angrick III, the President and CEO, is the largest individual shareholder, owning 18.02 million shares, representing 57.72% of the company. Other insiders also hold a significant portion, with 28.40% of the stock held by insiders.