Liberty Energy director Arjun Murti buys $250,008 in LBRT shares By Investing.com
Arjun N Murti, a director at Liberty Energy Inc. (), acquired 14,053.317 shares of the company’s Class A Common Stock on July 28, 2026. The total value of these shares amounted to $250,008.
The shares were purchased at a weighted average price of $17.79 per share. The transactions occurred within a price range of $17.775 to $17.79, inclusive. Following these transactions, Mr. Murti directly holds 41,620.876 shares of Liberty Energy Inc. Class A Common Stock.The insider purchase comes as Liberty Energy stock has faced recent headwinds, with shares down roughly 27% over the past six months. The stock currently trades at $17.95, near Mr. Murti’s purchase price. Analysts maintain a consensus buy rating with price targets ranging from $23 to $36, though InvestingPro analysis suggests the stock is overvalued relative to its Fair Value estimate. The company carries a market cap of $2.93 billion.
The transaction was disclosed in a Form 4 filing with the Securities and Exchange Commission on July 30, 2026.
In other recent news, Liberty Energy reported its second-quarter 2026 earnings, surpassing Wall Street expectations. The company achieved adjusted earnings of $0.09 per share on revenue of $1.2 billion, exceeding analyst projections of $0.08 per share and $1.09 billion in revenue. Despite these better-than-expected results, the stock experienced a notable decline as investors considered factors such as increased capital spending and ongoing challenges in the commodity market. Stifel responded to these developments by lowering its price target for Liberty Energy shares from $37 to $36, though it maintained a Buy rating on the stock. The analyst from Stifel highlighted the company’s performance, noting a 22.0% drop in Liberty Energy shares compared to a 1.2% decline in the S&P 500 following the earnings announcement. These recent developments reflect ongoing investor concerns about the company’s future prospects, particularly in relation to its capital expenditure and the evolving power business.
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