Liquidity services EVP sells $29,508 of LQDT stock
Liquidity services EVP sells $29,508 of LQDT stock
John Daunt, Executive Vice President and Chief Commercial Officer at Liquidity Services, Inc. (NASDAQ:LQDT), sold shares worth $29,508 on September 1, 2026. The transactions followed the exercise of stock options.
Mr. Daunt disposed of a total of 715 shares of common stock at a price of $41.27 per share. These sales were conducted indirectly through The Daunt Family Trust. The sale price represents a premium to the current stock price of $39.39, as shares have delivered a strong 49% return over the past year.
Prior to the sales, Mr. Daunt exercised options to acquire 715 shares of common stock for a total value of $14,057. These shares were acquired at prices ranging from $17.31 to $21.62 per share.
Following these reported transactions, Mr. Daunt’s indirect beneficial ownership through The Daunt Family Trust stands at 38,086 shares of Liquidity Services common stock. According to InvestingPro analysis, the stock currently appears overvalued relative to its Fair Value, with 12 additional ProTips available to subscribers, including insights on the company’s "GREAT" financial health score and detailed Pro Research Report.
The filing also reported various outstanding derivative securities, including restricted stock units and stock options, with vesting schedules extending to 2035.
In other recent news, Liquidity Services Inc. reported its fiscal third-quarter 2026 financial results, surpassing earnings expectations. The company announced adjusted earnings of $0.45 per share, which exceeded Wall Street’s forecast of $0.35 per share. Despite this earnings beat, revenue fell short of expectations. Liquidity Services also highlighted a record gross merchandise volume (GMV) of $453 million and a 30% increase in adjusted EBITDA to $22 million compared to the previous year. These developments reflect the company’s financial performance and operational metrics.