Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Liberty Energy Inc shares valued at $11,959,127 were purchased by Christopher A. Wright on Feb 25 ’25. At $17.94 per share, Christopher A. Wright acquired 666,618 shares.
Also, Wright Christopher A purchased 655,022 shares, netting a total of over 11,430,134 in proceeds.
Before that, Stock Michael had sold 10,000 shares from its account. In a trade valued at $179,380, the Chief Financial Officer traded Liberty Energy Inc shares for $17.94 each. Upon closing the transaction, the insider’s holdings decreased to 10,000 shares, worth approximately $12.49 million.
As published in a research note from Seaport Research Partners on January 06, 2025, Liberty Energy Inc [LBRT] has been rated up from a Neutral to a Buy and the price target has been revised to $27. As of October 18, 2024, Citigroup has decreased its “Buy” rating to a “Neutral” for LBRT. Earlier on July 19, 2024, TD Cowen resumed its rating. Their recommendation was “a Hold” for LBRT stock.
Analyzing LBRT Stock Performance
During the last five days, there has been a drop of approximately -1.14%. Over the course of the year, Liberty Energy Inc shares have dropped approximately -12.47%. Shares of the company reached a 52-week high of $23.58 on 01/17/25 and a 52-week low of $16.97 on 02/07/25. A 50-day SMA is recorded $19.37, while a 200-day SMA reached $20.05.
Support And Resistance Levels for Liberty Energy Inc (LBRT)
According to the 24-hour chart, there is a support level at 17.15, which, if violated, would cause prices to drop to 16.88. In the upper region, resistance lies at 17.84. The next price resistance is at 18.27. RSI (Relative Strength Index) is 40.32 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.21, which suggests the price will decrease in the coming days. Percent R is at 75.21%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
