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Liberty Energy chief accounting officer buys $45,000 in LBRT stock

Liberty Energy chief accounting officer buys $45,000 in LBRT stock

Ryan T. Gosney, the Chief Accounting Officer at Liberty Energy Inc. (NASDAQ:LBRT), recently made a significant move in the company's stock market. On November 3, 2026, Gosney acquired 3,000 shares of Liberty Energy's Class A Common Stock at a price of $15 per share, amounting to a total investment of $45,000. This insider purchase comes at a time when the stock is trading near its 52-week low of $11.24, currently priced at $11.35.

According to InvestingPro's analysis, Liberty Energy seems to be undervalued at its current price level, having made the list of the company's most undervalued stocks.

Following this insider purchase, Mr. Gosney now holds a total of 236,327 shares of Liberty Energy's Class A Common Stock, as confirmed by a filing signed by Kamal Gala, who serves as Mr. Gosney's attorney-in-fact, on November 5, 2026. Liberty Energy's financial performance in the third quarter of 2026 was less than impressive, with adjusted earnings of $0.06 per share against revenue of $1.2 billion, falling short of Wall Street's estimates of $0.07 per share and revenue of $1.21 billion.

The company reported a net loss of $39 million, marking a stark contrast to the profit it made in the previous quarter.

These financial revelations from Liberty Energy have drawn attention from analysts and investors, who are keen on observing how the company addresses the challenges it faces in meeting market expectations. The earnings call, where these issues were discussed, highlighted the difficulties Liberty Energy is encountering. Despite the relatively small revenue shortfall, the missed estimates have sparked discussions among financial analysts.

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