Liberty Energy CFO Michael Stock sells $66,660 in shares
On October 6, 2026, Liberty Energy Inc.'s CFO, Michael Stock, sold 3,333 shares of the company's Class A Common Stock, totaling $66,660. Stock's shares were sold at $20.0 per share, slightly above the current stock price of $19.41. The sale was carried out under a pre-established Rule 10b5-1 trading plan initiated in February 2026.
After the sale, Stock retained 753,713 shares of Liberty Energy Class A Common Stock. InvestingPro analysis suggests the stock may be overvalued compared to its estimated Fair Value. Liberty Energy's second-quarter 2026 financial results exceeded expectations, with adjusted earnings of $0.09 per share on revenue of $1.2 billion.
Despite this positive performance, the company's stock declined due to concerns over increased capital spending and commodity volatility. UBS lowered its price target for Liberty Energy to $31 from $35, while Stifel reduced its target to $36 from $37, both citing challenges such as lower frac utilization and capital expenditure concerns.
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