On December 2, 2024, Michael Stock, the Chief Financial Officer of Liberty Energy Inc's subsidiary, sold 10,000 shares of Liberty Energy Inc (LBRT, Financial). Following this transaction, the insider now owns 705,207 shares of the company. This transaction was documented in a SEC Filing.
Liberty Energy Inc is a company that provides hydraulic fracturing services to onshore oil and natural gas exploration and production companies in North America. The company offers a range of services, including hydraulic fracturing, wireline, and pumpdown services.
Over the past year, Michael Stock has sold a total of 180,000 shares and has not purchased any shares. The insider transaction history for Liberty Energy Inc indicates that there have been no insider buys and 33 insider sells over the same period.
As of the date of the recent transaction, shares of Liberty Energy Inc were trading at $18.49, giving the stock a market cap of $3.033 billion. The company's price-earnings ratio stands at 8.84, which is lower than the industry median of 11.655 but higher than the company's historical median price-earnings ratio.
With a trading price of $18.49 and a GF Value of $20.28, Liberty Energy Inc has a price-to-GF-Value ratio of 0.91, indicating that the stock is fairly valued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples, a GuruFocus adjustment factor, and future estimates of business performance from Morningstar analysts.
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.
