Craig-Hallum Remains a Buy on Liquidity Services (LQDT)

In a report released today, George Sutton from Craig-Hallum reiterated a Buy rating on Liquidity Services, with a price target of $42.00. The company’s shares closed yesterday at $27.09.

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According to TipRanks, Sutton is a 5-star analyst with an average return of 26.5% and a 55.24% success rate. Sutton covers the Technology sector, focusing on stocks such as Applied Digital Corporation, DeFi Development Corporation, and Core Scientific Inc.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Liquidity Services with a $37.67 average price target, which is a 39.06% upside from current levels. In a report released on October 4, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $31.00 price target.

The company has a one-year high of $39.72 and a one-year low of $21.23. Currently, Liquidity Services has an average volume of 247.3K.

Based on the recent corporate insider activity of 80 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LQDT in relation to earlier this year. Last month, Jaime Mateus-Tique, a Director at LQDT sold 10,000.00 shares for a total of $274,454.03.