Director LandBridge Holdings LLC sold 2,500,000 shares at $70.00 for $175,000,000 on 2025-11-18
LandBridge Holdings LLC (Director) sold 2,500,000 shares at $70.00 on 2025-11-18, generating $175,000,000 in proceeds. The sale occurred when LB traded at $70.00, well above the current price of $57.41 and 18.2% above the 52-week low of $48.86, but 32.9% below the 52-week high of $85.55. The director's prior sell at this ticker on 2025-05-23 was well-timed, with a 90-day return of -29.5%, consistent with the insider's cross-ticker track record showing a 100.00% well-timed rate on sells. The company's fundamentals show strong growth (annual revenue growth +50.9%, latest quarterly revenue $50.8M, net income $8.1M), but the elevated P/E of 205.04 reflects valuation expectations that remain disconnected from recent earnings. This transaction was a derivative-conversion event; the insider's post-sale Table I holding of 0 shares does not represent a complete position exit, as derivative securities holdings in Table II are not yet populated in this database.