On October 1, 2024, Michael Stock, Chief Financial Officer of Liberty Energy Inc (LBRT, Financial), executed a sale of 15,000 shares of the company. The transaction was filed with the SEC and can be viewed in detail through the SEC Filing. Following this transaction, the insider now owns 730,207 shares of Liberty Energy Inc.
Liberty Energy Inc (LBRT, Financial) specializes in providing hydraulic fracturing services to onshore oil and natural gas exploration and production companies in North America.
Over the past year, the insider has sold a total of 155,000 shares and has not made any purchases. This recent sale is part of a broader trend observed within the company, where there have been 34 insider sells and no insider buys over the past year.
Shares of Liberty Energy Inc were priced at $19.23 on the day of the transaction. The company currently holds a market cap of approximately $3.27 billion. The price-earnings ratio of Liberty Energy Inc stands at 7.88, which is lower than both the industry median of 11.135 and the company's historical median.
The stock's GF Value is estimated at $21.08, suggesting that at a price of $19.23, Liberty Energy Inc is Fairly Valued with a price-to-GF-Value ratio of 0.91. The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This insider sale might interest investors tracking ownership changes and evaluating the company's current valuation metrics. For more detailed information, investors are encouraged to review the official SEC filings and consider the broader market and industry trends.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
