In a filing, Liberty Energy Inc revealed 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 $10.76 million.
RBC Capital Mkts downgraded its Liberty Energy Inc [LBRT] rating to a Sector perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Seaport Research Partners’s analysts, who increased its forecast for the stock in early January from “a Neutral” to “a Buy”. Citigroup revised its rating on October 18, 2024. It rated LBRT as “a Neutral” which previously was an “a Buy”.
Price Performance Review of LBRT
On Monday, Liberty Energy Inc [NYSE:LBRT] saw its stock jump 3.21% to $15.10. Over the last five days, the stock has gained 3.78%. Liberty Energy Inc shares have fallen nearly -24.08% since the year began. Nevertheless, the stocks have fallen -26.59% 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 $17.85, while 200 days put it at $19.33.
Levels Of Support And Resistance For LBRT Stock
The 24-hour chart illustrates a support level at 14.71, which if violated will result in even more drops to 14.33. On the upside, there is a resistance level at 15.29. A further resistance level may holdings at 15.49. The Relative Strength Index (RSI) on the 14-day chart is 40.00, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.04, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 35.66%. Stochastics %K at 40.59% 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 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.
The most recent change occurred on July 19, 2024 when TD Cowen resumed its ‘”a Hold”‘ rating for the stock and retained the price target to $20.
