Insider Sell: Michael Stock Sells 5,000 Shares of Liberty Energy Inc (LBRT)

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Nov 27, 2024
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On November 25, 2024, Michael Stock, the Chief Financial Officer of Liberty Energy Inc's subsidiary, sold 5,000 shares of Liberty Energy Inc (LBRT, Financial). Following this transaction, the insider now owns 715,207 shares of the company. The details of this transaction can be found in the 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, engineering, and consulting services. 1861562008860782592.png Over the past year, Michael Stock has sold a total of 170,000 shares and has not purchased any shares. The insider transaction history for Liberty Energy Inc indicates that there have been 0 insider buys and 32 insider sells over the past year. 1861562047972667392.png On the day of the recent sale, shares of Liberty Energy Inc were trading at $19.51, giving the stock a market cap of $3.006 billion. The company's price-earnings ratio is 8.76, which is lower than the industry median of 11.7 but higher than the company’s historical median price-earnings ratio. With a price of $19.51 and a GuruFocus Value of $20.28, Liberty Energy Inc has a price-to-GF-Value ratio of 0.96, 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.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.