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Checking in on Liberty Energy Inc (LBRT) after recent insiders movement

Liberty Energy Inc’s filing revealed that its Former Officer Christopher A. Wright acquired Company’s shares for reported $10.13 million on Mar 07 ’25. In the deal valued at $15.20 per share,666,618 shares were bought.

Then, Wright Christopher A bought 586,022 shares, generating $8,936,836 in total proceeds.

Before that, Stock Michael sold 5,000 shares. Liberty Energy Inc shares valued at $85,724 were divested by the Chief Financial Officer at a price of $17.14 per share. As a result of the transaction, Stock Michael now holds 712,292 shares, worth roughly $10.29 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 Monday, Liberty Energy Inc [NYSE:LBRT] saw its stock fall -4.75% to $14.45. Over the last five days, the stock has lost -9.57%. Liberty Energy Inc shares have fallen nearly -27.35% since the year began. Nevertheless, the stocks have fallen -32.10% over the past one year. While a 52-week high of $24.75 was reached on 01/17/25, a 52-week low of $14.86 was recorded on 03/10/25. SMA at 50 days reached $18.97, while 200 days put it at $19.79.

Levels Of Support And Resistance For LBRT Stock

The 24-hour chart illustrates a support level at 14.16, which if violated will result in even more drops to 13.88. On the upside, there is a resistance level at 14.90. A further resistance level may holdings at 15.36. The Relative Strength Index (RSI) on the 14-day chart is 24.57, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.67, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.29%. Stochastics %K at 6.38% indicates the stock is a buying.

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