CEO Wright sells 40,000 shares for $832,000.00 in two transactions; stock up 14.0% in 30 days post-sale.
Christopher A Wright, Chairman and CEO, executed 2 separate sales totaling 40,000 shares for $832,000.00 on January 2–3, 2025, at $20.80/share. The sales reduced his holdings from 2,538,813 to 2,498,813 shares (-1.6%). The stock has since appreciated 14.0% over the 30-day period following the transaction, trading at $20.89 and well above the sale price. Wright's cross-ticker track record shows an 80.00% well-timed rate on prior sells (those 20 prior sales returned -9.2% on average in the 90-day window), but his prior 5 trades at LBRT have yielded mixed near-term outcomes, with none yet measurable at the 90-day horizon. The company trades at a 6.45 P/E, has posted 14.4% annual revenue growth, and reported $1.1B in quarterly revenue with $73.8M net income. The transaction size and price movement suggest the sales did not anticipate immediate weakness.