Archer Aviation reports manufacturing ramp with six aircraft in production
In a recent SEC filing, LandBridge Holdings LLC disclosed the sale of 1.9 million Class A shares of LandBridge Co LLC (NASDAQ:LB) at $75.25 per share, totaling approximately $142.98 million. The transaction, dated May 23, 2025, reflects a strategic move by the directors and significant shareholders of the company. The sale price sits close to LB’s current trading price of $76.14, with InvestingPro analysis indicating the stock remains undervalued based on its Fair Value assessment.
According to the filing, the shares were sold by LandBridge Holdings and other related entities, including Five Point Energy Fund II AIV-VII LP and Five Point Energy Fund III AIV-VIII LP. These entities, alongside David N. Capobianco, who holds significant control, executed the sale as part of a broader financial strategy. The transaction comes amid an impressive 229.87% return over the past year, with the company maintaining a strong market capitalization of $5.8 billion.
The transaction involved the redemption of 1.9 million OpCo Units, which were exchanged for an equivalent number of Class A shares before the sale. This maneuver was facilitated by the existing rights within the Amended and Restated Limited Liability Company Agreement of DBR Land Holdings LLC, allowing for the redemption and subsequent sale of shares.
Following the transaction, the entities involved have adjusted their holdings, reflecting their ongoing investment strategies in LandBridge Co LLC.
In other recent news, LandBridge Co LLC reported a strong financial performance for Q1 2025, with revenues reaching $44 million. This marks a 20% sequential increase and a 131% rise compared to the same period last year. The company’s adjusted EBITDA stood at $38.8 million, reflecting an 88% margin. LandBridge declared a dividend of $0.10 per Class A share, and its strategic acquisitions and infrastructure projects, such as the acquisition of Wolfbone Ranch, have significantly contributed to its revenue growth. The company remains optimistic about its growth prospects, particularly in water handling and infrastructure development, with plans to bring the first phase of its Speedway pipeline project online by Q4 2025. Despite the positive earnings, LandBridge’s stock price declined by 5.26% following the earnings announcement. Analysts have not provided specific EPS forecasts, but the company’s revenue performance indicates strong operational results. The company continues to focus on diversified revenue streams and infrastructure projects as key growth drivers.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.