On December 11, 2024, Christopher Wright, Chairman of the Board and Chief Executive Officer of Liberty Energy Inc (LBRT, Financial), sold 8,000 shares of the company. Following this transaction, the insider now owns 2,538,813 shares of the company. The transaction details can be found in the SEC Filing.
Liberty Energy Inc is a provider of 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, engineering, and technology solutions.
Over the past year, Christopher Wright has sold a total of 402,100 shares and has not purchased any shares. The insider transaction history for Liberty Energy Inc shows that there have been no insider buys in total over the past year, while there have been 34 insider sells during the same period.
On the day of the recent transaction, shares of Liberty Energy Inc were trading at $19.15, giving the stock a market cap of $3.121 billion. The company's price-earnings ratio is 9.10, which is lower than the industry median of 11.53 but higher than the company’s historical median price-earnings ratio.
With a price of $19.15 and a GuruFocus Value of $20.27, Liberty Energy Inc has a price-to-GF-Value ratio of 0.94, 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 such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company’s past returns and growth, as well as 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.
