Liberty Oilfield Services Inc NYSE: LBRT Stock is Down (9.56%)

stock is crashing

ValuEngine Lowers Liberty Oilfield Services (LBRT) to Strong Sell and it looks like the Market is taking note.
Liberty Oilfield Services Inc provides hydraulic fracturing services to onshore oil companies.

  • Northern Trust Corp Sells 13,209 Shares of Liberty Oilfield Services Inc (LBRT)
  • Institutional Ownership Of Liberty Oilfield Services Inc. (LBRT) Continues At 75.8 Percent.
  • Liberty Oilfield Services Inc. (LBRT) predicted -11.69% EPS growth for next year
  • Liberty Oilfield Services Inc. (LBRT) Top Holders are Institutional investors currently hold around $2.27 billion or 75.8% in LBRT stock. Look at its top three institutional owners.

    Carlyle Group L.P. owns $847.27 million in Liberty Oilfield Services Inc., which represents roughly 45.55% of the company’s market cap and approximately 37.26% of the institutional ownership.

    The second largest owner, Riverstone Holdings Llc, which owns 47,922,643 shares of the stock are valued at $847.27 million. The third largest holder is Fmr Llc, which currently holds $105.69 million worth of this stock and that ownership represents nearly 5.68% of its market capitalization.

    Multiple company employees have indulged in significant insider trading. Liberty Oilfield Services Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Day Robert has sold 3,000,000 shares of Liberty Oilfield Services Inc. (LBRT) in trading session dated Oct. 04, 2018. These shares are worth $63,000,000 and were traded at $21 each. The SEC filing shows that Riverstone/Carlyle Energy Part performed a sale of 2,491,160 shares. The Director, 10% Owner disposed of these shares by way of a transaction on Sep. 14, 2018. The company’s shares were given away at $18.96 per share worth to an income of some $47,232,394 on account of Riverstone/Carlyle Energy Part.

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