On December 5, 2024, Christopher Wright, Chairman of the Board and Chief Executive Officer of Liberty Energy Inc (LBRT, Financial), executed a sale of 32,000 shares of the company. Following this transaction, the insider now holds 2,546,813 shares of Liberty Energy Inc.
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, wireline, and pumpdown services, as well as engineering and technology solutions.
The insider transaction history for Liberty Energy Inc indicates a trend of insider selling, with 34 insider sells and no insider buys over the past year. Over the same period, Christopher Wright has sold a total of 441,637 shares and has not made any purchases.
As of the date of the recent transaction, shares of Liberty Energy Inc were trading at $18.39, resulting in a market cap of $3.008 billion. The company's price-earnings ratio stands at 8.77, which is lower than the industry median of 11.7 but higher than the company's historical median price-earnings ratio.
The stock's GF Value is estimated at $20.28, giving it a price-to-GF-Value ratio of 0.91. This suggests that the stock is fairly valued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using historical multiples, a GuruFocus adjustment factor, and future business performance estimates 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.
