John Daunt, Executive Vice President and Chief Commercial Officer of Liquidity Services Inc. (NASDAQ: LQDT), disposed of 715 shares of common stock on September 1, 2026, generating proceeds of $29,508 at a sale price of $41.27 per share.
The transaction, executed through The Daunt Family Trust, follows the vesting of derivative securities extended to 2035. Daunt acquired the shares via options priced between $17.31 and $21.62 per share, with a total acquisition cost of $14,057. After the sale, the trust retains indirect beneficial ownership of 38,086 shares.
The stock has appreciated 49% over the past year, trading at $39.39 at the time of the transaction, above Daunt’s acquisition cost. Liquidity Services reported adjusted earnings of $0.45 per share in fiscal Q3 2026, exceeding Wall Street’s $0.35 per share forecast, while gross merchandise volume reached a record $453 million. Adjusted EBITDA rose 30% year-over-year to $22 million, though revenue fell short of expectations despite the earnings beat.
InvestingPro analysis indicates the stock appears overvalued relative to its fair value, despite a 'GREAT' financial health score.
