Liberty Energy Inc’s recently made public that its Chief Financial Officer Stock Michael unloaded Company’s shares for reported $91913.0 on Jul 11 ’24. In the deal valued at $21.01 per share,4,374 shares were sold. As a result of this transaction, Stock Michael now holds 785,207 shares worth roughly $17.77 million.
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Then, Wright Christopher A sold 20,000 shares, generating $412,800 in total proceeds. Upon selling the shares at $20.64, the Chairman of the Board and CEO now owns 2,738,813 shares.
Before that, Wright Christopher A sold 20,000 shares. Liberty Energy Inc shares valued at $405,200 were divested by the Chairman of the Board and CEO at a price of $20.26 per share. As a result of the transaction, Wright Christopher A now holds 2,758,813 shares, worth roughly $62.43 million.
TD Cowen reiterated its Liberty Energy Inc [LBRT] rating to a Hold in a research note published on July 19, 2024; the price target was $20. A number of analysts have revised their coverage, including Citigroup’s analysts, who increased its forecast for the stock in late May from “a Neutral” to “a Buy”. TD Cowen also remained covering LBRT and reiterated its “Hold” recommendation on April 19, 2024. Morgan Stanley revised its rating on April 18, 2023. It rated LBRT as “an Equal-weight” which previously was an “an Overweight”.
Price Performance Review of LBRT
On Monday, Liberty Energy Inc [NYSE:LBRT] saw its stock fall -1.48% to $22.63. Over the last five days, the stock has gained 5.16%. Liberty Energy Inc shares have risen nearly 24.75% since the year began. Nevertheless, the stocks have risen 41.61% over the past one year. While a 52-week high of $24.75 was reached on 06/03/24, a 52-week low of $15.57 was recorded on 01/17/24. SMA at 50 days reached $21.92, while 200 days put it at $20.57. A total of 2.25 million shares were traded, compared to the trading of 2.55 million shares in the previous session.
Levels Of Support And Resistance For LBRT Stock
The 24-hour chart illustrates a support level at 22.11, which if violated will result in even more drops to 21.59. On the upside, there is a resistance level at 23.13. A further resistance level may holdings at 23.63. The Relative Strength Index (RSI) on the 14-day chart is 59.51, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.90, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 13.87%. Stochastics%K at 87.36% indicates the stock is a selling.
