Liberty Energy Inc’s recent filing unveils that 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 $12.36 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 $12.45 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 -4.59% to $18.31. Over the last five days, the stock has lost -17.52%. Liberty Energy Inc shares have fallen nearly -7.94% since the year began. Nevertheless, the stocks have fallen -15.03% 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 01/31/25. SMA at 50 days reached $19.60, while 200 days put it at $20.46.
Levels Of Support And Resistance For LBRT Stock
The 24-hour chart illustrates a support level at 17.81, which if violated will result in even more drops to 17.32. On the upside, there is a resistance level at 19.23. A further resistance level may holdings at 20.15. The Relative Strength Index (RSI) on the 14-day chart is 36.43, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.94, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.60%. Stochastics %K at 14.44% indicates the stock is a buying.
How much short interest is there in Liberty Energy Inc?
A steep rise in short interest was recorded in Liberty Energy Inc stocks on 2025-01-15, dropping by -0.58 million shares to a total of 16.5 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 17.08 million shares. There was a decline of -3.52%, which implies that there is a negative sentiment for the stock.
