There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on July 28, Liberty Energy Inc's Director, Arjun N. Murti, invested $250,008.51 into 14,053 shares of LBRT, for a cost per share of $17.79. Bargain hunters tend to pay particular attention to insider buys like this one, because presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in the open market, is that they expect to make money. In trading on Wednesday, bargain hunters could buy shares of Liberty Energy Inc (Symbol: LBRT) and achieve a cost basis even cheaper than Murti, with shares changing hands as low as $17.77 per share.
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