Liberty Energy Inc’s recent filing unveils 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 $10.36 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 jump 0.07% to $14.55. Over the last five days, the stock has gained 0.69%. Liberty Energy Inc shares have fallen nearly -26.85% since the year began. Nevertheless, the stocks have fallen -27.97% over the past one year. While a 52-week high of $24.75 was reached on 01/17/25, a 52-week low of $13.85 was recorded on 03/13/25. SMA at 50 days reached $18.49, while 200 days put it at $19.56.
Levels Of Support And Resistance For LBRT Stock
The 24-hour chart illustrates a support level at 14.32, which if violated will result in even more drops to 14.08. On the upside, there is a resistance level at 14.76. A further resistance level may holdings at 14.96. The Relative Strength Index (RSI) on the 14-day chart is 29.63, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.02, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.27%. Stochastics %K at 13.03% 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 2025-02-28, dropping by -1.54 million shares to a total of 12.43 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 13.97 million shares. There was a decline of -12.35%, which implies that there is a negative sentiment for the stock.
