In a filing, Liberty Energy Inc revealed its Chief Financial Officer Stock Michael unloaded Company’s shares for reported $0.12 million on Jan 16 ’25. In the deal valued at $23.00 per share,5,000 shares were sold. As a result of this transaction, Stock Michael now holds 675,207 shares worth roughly $14.99 million.
Then, Stock Michael bought 5,000 shares, generating $115,015 in total proceeds.
Before that, Stock Michael sold 20,000 shares. Liberty Energy Inc shares valued at $416,482 were divested by the Chief Financial Officer at a price of $20.82 per share. As a result of the transaction, Stock Michael now holds 680,207 shares, worth roughly $15.1 million.
Seaport Research Partners upgraded its Liberty Energy Inc [LBRT] rating to a Buy from a a Neutral in a research note published recently. Citigroup also remained covering LBRT and has decreased its forecast on October 18, 2024 with a “Neutral” recommendation from previously “Buy” rating. TD Cowen maintained its rating on July 19, 2024. It rated LBRT as “a Hold”.
Price Performance Review of LBRT
On Friday, Liberty Energy Inc [NYSE:LBRT] saw its stock fall -2.33% to $22.20. Over the last five days, the stock has lost -3.98%. Liberty Energy Inc shares have risen nearly 11.61% since the year began. Nevertheless, the stocks have risen 26.06% over the past one year. While a 52-week high of $24.75 was reached on 01/17/25, a 52-week low of $16.57 was recorded on 01/02/25. SMA at 50 days reached $19.40, while 200 days put it at $20.53.
Levels Of Support And Resistance For LBRT Stock
The 24-hour chart illustrates a support level at 21.90, which if violated will result in even more drops to 21.60. On the upside, there is a resistance level at 22.64. A further resistance level may holdings at 23.09. The Relative Strength Index (RSI) on the 14-day chart is 62.22, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.44, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 43.07%. Stochastics %K at 64.95% indicates the stock is a holding.
How much short interest is there in Liberty Energy Inc?
A steep rise in short interest was recorded in Liberty Energy Inc stocks on 2024-12-31, dropping by -0.11 million shares to a total of 14.69 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 14.8 million shares. There was a decline of -0.78%, which implies that there is a negative sentiment for the stock.
