LQDT LIQUIDITY SERVICES INC

NEUTRAL Impact: 4/10 Insider Cluster (4 insiders)
Horizon days Filed May 29, 2026 Processed 15d 12h ago
Insider cluster: 3 insiders, $1.7M total
Latest settled — T+5d
LQDT ▲ +2.82% at T+5d
NEUTRAL call ✓ call won +2.82% · α vs SPY +5.34% · entry $36.21 → $37.23
Next anchor: T+20d in 13d
Currently $37.94 · +4.78% from $36.21 entry
Entry anchored
May 28, 2026
via day open
T+1d
+2.24%
call +2.24% · α +1.98%
$37.02
settled 15d ago
T+5d
+2.82%
call +2.82% · α +5.34%
$37.23
settled 9d ago
T+20d
call — · α —
in 13d
T+60d
call — · α —
in 2mo

Price Chart

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Executive Summary

A cluster of insider selling at Liquidity Services (LQDT) totaling $1.69M over a 7-day window, led by the VP, General Counsel & Secretary ($1.54M) and the CFO ($132K). The selling is concentrated among senior executives, but the total represents only ~0.15% of the company's $1.1B market cap, falling in the modest range. The CFO's sales are paired with derivative exercises (non-cash), indicating a tax- or liquidity-driven pattern rather than a purely bearish signal. The cluster is notable but not alarming given the modest proportionality and the presence of non-cash derivative exercises.

Key Financial Metrics

Direction
selling
Total Value
$1.7M
Insiders
4

Actionable Insight

The cluster is dominated by the General Counsel's large sale and the CFO's tax-motivated exercises. The dollar amount is modest relative to market cap, and the derivative exercises suggest liquidity rather than bearish conviction. Monitor for any upcoming earnings or material corporate events that could explain the concentrated selling window, but no immediate action warranted.

Key Facts

  • Total insider selling of $1.69M over 7 days, representing ~0.15% of LQDT's $1.1B market cap
  • VP, General Counsel & Secretary sold 45.2K shares for $1.54M — the largest trade in the cluster
  • CFO Celaya Jorge sold $132K in open-market sales, paired with derivative exercises at $9.46 and $0 strike prices (non-cash)
  • CTO and CHRO sold small amounts ($5K and $20K respectively), likely routine
  • No insider buying in the cluster; net direction is selling
  • Recent 30-day insider activity shows 4 prior sells totaling $427K, extending the selling pattern

Financial Impact

Total insider sales of $1.69M, or ~0.15% of market cap — modest in size relative to company valuation

insider ownership

Risk Factors

  • Concentrated selling by senior executives (GC and CFO) could indicate private concerns about near-term performance
  • Cluster occurs ahead of potential earnings season — selling may reflect blackout window constraints rather than bearish view
  • No insider buying to offset the selling pattern

Market Snapshot

Exchange
Nasdaq
Sector
Services-Business Services, NEC
Analyst Consensus
88% bullish (8 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-LQDT-1780013471684
13 reports for LQDT
Performance horizon
67% Hit rate 2 of 3 directional calls best @ T+20▲ +13.53%Apr 7, 2026
Filters
Rows
Reports for LQDT — sortable, filterable
Type Now
Jun 11, 2026
1d ago
Institutional Cluster
BEARISH ★ 5/10
$37.56 awaiting T+5awaiting T+5$37.94 (−1.01%)
May 29, 2026
15d ago
Insider Cluster
NEUTRAL ★ 4/10
$36.21 $37.23▲ +2.82%▲ +5.34%$37.94 (+4.78%)
May 27, 2026
16d ago
Insider Cluster
NEUTRAL ★ 4/10
$36.33 $36.94▲ +1.68%▲ +1.36%$37.94 (+4.43%)
May 26, 2026
17d ago
Insider Cluster
NEUTRAL ★ 3/10
$36.06 $36.14▲ +0.22%▼ −0.25%$37.94 (+5.21%)
May 13, 2026
4w ago
Insider Cluster
NEUTRAL ★ 3/10
$33.97 $36.06▲ +6.15%▲ +3.86%$37.94 (+11.69%)
May 13, 2026
4w ago
Insider Cluster
NEUTRAL ★ 3/10
$33.34 $34.20▲ +2.58%▲ +3.30%$37.94 (+13.80%)
May 13, 2026
4w ago
Insider Cluster
NEUTRAL ★ 2/10
$33.34 $34.20▲ +2.58%▲ +3.30%$37.94 (+13.80%)
May 13, 2026
4w ago
Insider Cluster
NEUTRAL ★ 5/10
$33.34 $34.20▲ +2.58%▲ +3.30%$37.94 (+13.80%)
May 7, 2026
5w ago
Press Release
BULLISH ★ 7/10
$36.25 $33.17▼ −8.50%▼ −10.00%$37.94 (+4.66%)
May 5, 2026
5w ago
Insider Cluster
NEUTRAL ★ 3/10
$37.09 $33.58▼ −9.46%▼ −11.45%$37.94 (+2.29%)
Showing 10 of 13

US Market Status

Market Closed — Opens Mon (48h 48m)

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