Liberty Energy CEO Ron Gusek buys $377,335 in company stock
Ron Gusek, CEO of Liberty Energy Inc. (NASDAQ:LBRT), purchased 25,000 shares of the company's Class A Common Stock on November 3, 2026. The transaction was valued at $377,335, with shares bought at prices ranging from $15.015 to $15.14 per share, averaging $15.0934. This purchase occurred as the stock price has since fallen to $11.35, near its 52-week low of $11.24, following a 33% decline over the past week.
As a result, Mr. Gusek now directly owns 1,068,702 shares, with an additional 400,000 shares held indirectly by his spouse. Gusek also serves as a Director on the company's board. According to InvestingPro analysis, Liberty Energy appears undervalued, with 17 ProTips available for investors considering the $1.85 billion company.
Recently, Liberty Energy reported its Q3 2026 financial results, which fell short of Wall Street expectations, with adjusted earnings of $0.06 per share and a net loss of $39 million, contrary to a profit in the previous quarter.
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