LB LandBridge (LB) Insider Trading, Ownership & Congress Trades
Investment Vehicles · Oil royalty traders · CIK 0001995807
Congress · 1Form 144 · 1
Insider buyers, 180 days
0
Funds added, last quarter
103
13F, latest reported quarter
Conversions, 180 days
2
Codes C/M, not in net · $0 priced
What the filings say about LB
Insiders, 180 days
-$187.6M net sold
2 sellers · 0% of sales under a 10b5-1 plan
Congress, 1 year
1 bought · 0 sold
Latest: purchase, 2025-11-21
Planned sales (Form 144), 90 days
$94.2M
1 notice
LandBridge insider trades (Form 4)
Form 4 buys and sells (codes P and S). Grants, option exercises
and conversions excluded.
Over the last 180 days, LandBridge Corp insiders sold a net $187.6M of stock across 19 Form 4 purchases and sales, with no insider buying. Source: SEC Form 4 filings, as of 2026-10-27.
Insider
Filed
Shares
Value
Since filing
Context
- 2 earlier Form 4 trades (code P or S) here by this insider (2 sales), the last on Nov 18, 2025.
- 1 other insider sold within 30 days.
- 103 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Director Capobianco David N sold about $93.8M of LB on Aug 7, 2026; 1 other insider sold within 30 days and 103 funds added in the latest 13F quarter.Context
- First Form 4 purchase or sale (code P or S) here by this insider on our record.
- 1 other insider sold within 30 days.
- 103 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Director LandBridge Holdings LLC sold about $93.8M of LB on Aug 7, 2026; 1 other insider sold within 30 days and 103 funds added in the latest 13F quarter.Context
- 3 earlier Form 4 trades (code P or S) here by this insider (1 buy, 2 sales), the last on Mar 4, 2026.
- The trade is 20.2% of the 64,250 shares held after it.
- No other insider sold within 30 days.
- 103 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Director WATSON CHARLES L. sold about $975.0K of LB on Mar 6, 2026; 103 funds added in the latest 13F quarter.Context
- 2 earlier Form 4 trades (code P or S) here by this insider (1 buy, 1 sale), the last on Mar 2, 2026.
- The trade is 12.5% of the 77,250 shares held after it.
- No other insider sold within 30 days.
- 103 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Director WATSON CHARLES L. sold about $727.1K of LB on Mar 4, 2026; 103 funds added in the latest 13F quarter.Context
- 1 earlier Form 4 trade (code P or S) here by this insider (1 buy), the last on Jul 1, 2024.
- The trade is 35.3% of the 86,920 shares held after it.
- No other insider sold within 30 days.
- 103 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Director WATSON CHARLES L. sold about $2.3M of LB on Mar 2, 2026; 103 funds added in the latest 13F quarter.19 transactions on record
Since filing: total return from the first close after the filing to the latest close, dividend-adjusted. Not a forecast.
Context lines are counts over the filings above and returns from our own price history, never a price level. Not investment advice.
Seven facts, ranked against the sector ·
Rank is not a forecast
Insiders
net -$187.6M over 180 days
-$187.6M over 90 days · -$187.6M of it by a 10%+ holder
the lowest in Investment Vehicles
Congress
1 member bought in the last year
the lowest in Investment Vehicles
Funds
103 funds bought in last quarter
more than 98% of Investment Vehicles
Revenue
+81.1% year over year
more than 69% of Investment Vehicles
Margin
15.1% net margin
below 64% of Investment Vehicles
Buybacks
no share repurchases reported
Short interest
13.7% of the float short (float per yahoo 2026-10-26) · 15.7 days to cover · settled 2026-09-30
What changed in the last 30 days
Nothing new filed in the last 30 days
Watch LB
A free account keeps a watchlist and can send one email a day when insiders, funds or Congress file on the names in it. No password and no card.
The year, with the filings on it
Total return over 12 months. Each marker is a filing; hover or tap one for the detail.
+40.1%12M
Insider buyInsider sellForm 144 (planned sale)
Indexed to 100, dividend-adjusted, not a price chart.
When a name files heavily, the largest trades are drawn first.
Who owns LB: institutional holders (13F)
13F holdings, latest reported quarter
7,082,845 sh
$561.2M
5,821,263 sh
$461.3M
1,775,450 sh
$140.7M
1,267,116 sh
$100.4M
1,235,265 sh
$97.9M
Congress trades in LB
STOCK Act disclosures, US House only, filed up to 45 days after the trade
Bought 2025-11-21 · disclosed 24 days later
$15,001 - $50,000
Bought 2025-11-20 · disclosed 25 days later
$50,001 - $100,000
Bought 2025-08-06 · disclosed 37 days later
$50,001 - $100,000
Activist and 5% holders (13D/13G)
No 5%+ ownership filings
Nobody has filed for crossing 5%. That is a fact, not missing data.
LB planned insider sales (Form 144)
Notice of intent to sell, filed before any sale
LandBridge Holdings LLC
Filed 2026-08-07
$94.2M
LB mutual fund holders (N-PORT)
Funds ranked by the share of their own portfolio in this stock (N-PORT).
AVE MARIA VALUE FOCUSED FUND
$12.8M position · as of 2026-06-30
10.1%
AVE MARIA GROWTH FOCUSED FUND
$5.8M position · as of 2026-06-30
7.0%
Horizon Kinetics Inflation Beneficiaries ETF
$101.8M position · as of 2026-06-30
6.9%
Kinetics Spin-Off and Corporate Restructuring Fund
$2.3M position · as of 2026-06-30
6.3%
Kinetics Paradigm Portfolio
$72.6M position · as of 2026-06-30
6.1%
Kinetics Small Cap Opportunities Portfolio
$31.3M position · as of 2026-06-30
5.9%
SEC N-PORT, monthly, about 60 days late · funds ≥ $10M ·
% is the share of the fund's own portfolio
Executive pay vs shareholder return · Jason Long
CEO pay, headline and as actually paid, against the company's
return and its chosen peers' (DEF 14A).
FY
CEO total
Actually paid
Other execs, avg
TSR
Peer TSR
2024
$24.6M
$90.3M
$11.2M
+281%
+4%
Tagged by the company under SEC Item 402(v). Returns are
cumulative from the start of the disclosure period. Green where the company beat its own peer group.
Live price
Daily candles from TradingView, under their licence. No filings marked.
Why this name is on the desk
Insiders have filed to sell, before selling.
The record shows a net $187.6M sold by insiders over 180 days, 103 funds added last quarter, 1 House member(s) bought in 12 months, disclosed weeks after the trade, $94.2M in planned Form 144 sales. Each figure is a federal filing, dated the day it went public.
LB financials
Revenue growth
+81.1%
XBRL, annual
Net margin
15.1%
Ratios from the company's XBRL filings, latest filings
Revenue, TTM
$225.5M
four quarters, 2025-07-01 to 2026-06-30
Revenue, TTM LB
| FY Dec 2025 | $199.1M |
| FY Dec 2024 | $110.0M |
| FY Dec 2023 | n/a |
| Jun 2026 | $66.8M |
| Mar 2026 | $51.0M |
| Dec 2025 | $56.8M |
| Sep 2025 | $50.8M |
| Jun 2025 | $47.5M |
| Mar 2025 | $44.0M |
| Dec 2024 | $36.5M |
| Sep 2024 | $28.5M |
At each fiscal year end
Single quarter
Net margin, TTM
+35.2%
net income over revenue, 2025-07-01 to 2026-06-30
Net margin, TTM LB
| FY Dec 2025 | +36.4% |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| Jun 2026 | +18.4% |
| Mar 2026 | +17.1% |
| Dec 2025 | +88.6% |
| Sep 2025 | +15.9% |
| Jun 2025 | +15.8% |
| Mar 2025 | +14.7% |
| Dec 2024 | -120.9% |
| Sep 2024 | +9.3% |
At each fiscal year end
Single quarter
Free cash flow, TTM
$151.3M
operating cash flow minus capex, 2025-07-01 to 2026-06-30
Free cash flow, TTM LB
| FY Dec 2025 | $122.0M |
| FY Dec 2024 | $66.7M |
| FY Dec 2023 | n/a |
| Jun 2026 | $40.2M |
| Mar 2026 | $40.9M |
| Dec 2025 | $36.4M |
| Sep 2025 | $33.7M |
| Jun 2025 | $36.1M |
| Mar 2025 | $15.8M |
| Dec 2024 | $26.7M |
| Sep 2024 | $7.1M |
At each fiscal year end
Single quarter
Debt to equity
1.51x
long-term 2026-06-30 plus current 2026-06-30; equity 2026-06-30
Debt to equity LB
| FY Dec 2025 | 1.65x |
| FY Dec 2024 | 1.80x |
| FY Dec 2023 | 0.85x |
| Jun 2026 | 1.51x |
| Mar 2026 | 1.55x |
| Dec 2025 | 1.65x |
| Sep 2025 | 1.35x |
| Jun 2025 | 1.39x |
| Mar 2025 | 1.73x |
| Dec 2024 | 1.80x |
| Sep 2024 | 2.86x |
At each fiscal year end
Trailing four quarters at each quarter end
Cash flow to debt
0.29x
TTM operating cash flow over long-term 2026-06-30 plus current 2026-06-30
Cash flow to debt LB
| FY Dec 2025 | 0.23x |
| FY Dec 2024 | 0.18x |
| FY Dec 2023 | n/a |
| Jun 2026 | 0.29x |
| Mar 2026 | 0.28x |
| Dec 2025 | 0.23x |
| Sep 2025 | 0.31x |
| Jun 2025 | 0.24x |
| Mar 2025 | 0.18x |
| Dec 2024 | 0.18x |
| Sep 2024 | 0.19x |
At each fiscal year end
Trailing four quarters at each quarter end
Return on equity
+25.5%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on equity LB
| FY Dec 2025 | +26.2% |
| FY Dec 2024 | n/a |
| FY Dec 2023 | +35.0% |
| Jun 2026 | +25.5% |
| Mar 2026 | +26.6% |
| Dec 2025 | +26.2% |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | -35.0% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on assets
+6.5%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on assets LB
| FY Dec 2025 | +6.0% |
| FY Dec 2024 | n/a |
| FY Dec 2023 | +21.9% |
| Jun 2026 | +6.5% |
| Mar 2026 | +6.2% |
| Dec 2025 | +6.0% |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | -6.0% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on invested capital
+15.0%
operating income after a 11.2% effective tax rate, over long-term 2026-06-30 plus current 2026-06-30 plus average of 2025-06-30 and 2026-06-30 minus cash
Return on invested capital LB
| FY Dec 2025 | +13.1% |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| Jun 2026 | +15.0% |
| Mar 2026 | +13.7% |
| Dec 2025 | +13.1% |
| Sep 2025 | +16.8% |
| Jun 2025 | +10.4% |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Return on capital employed
+11.4%
operating income (EBIT proxy) over average of 2025-06-30 and 2026-06-30 minus current liabilities
Return on capital employed LB
| FY Dec 2025 | +10.0% |
| FY Dec 2024 | -2.6% |
| FY Dec 2023 | n/a |
| Jun 2026 | +11.4% |
| Mar 2026 | +10.4% |
| Dec 2025 | +10.0% |
| Sep 2025 | +12.0% |
| Jun 2025 | +8.7% |
| Mar 2025 | -0.5% |
| Dec 2024 | -2.6% |
| Sep 2024 | -4.5% |
At each fiscal year end
Trailing four quarters at each quarter end
P/E, trailing
70.04x
close 2026-10-23 over four quarters of diluted EPS, 2025-07-01 to 2026-06-30
P/E, trailing LB
| FY Dec 2025 | 52.12x |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| Jun 2026 | 70.12x |
| Mar 2026 | 71.19x |
| Dec 2025 | 52.12x |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Enterprise value
n/a
no share count filed
Enterprise value LB
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
FCF yield
n/a
no share count filed
FCF yield LB
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
PEG, trailing
n/a
no prior four-quarter EPS window to measure growth
PEG, trailing LB
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Price as of 2026-10-23. Hover or tap a tile for its yearly and quarterly history.
Method
TTM is four consecutive fiscal quarters; Q4 is the year minus nine months when not filed. Returns use the average of opening and closing balances. EBIT is approximated by operating income. PEG uses trailing EPS growth.
Fundamentals
Annual figures from XBRL filings. Pick a past date to see them as known then.
| 2025-12 | 2024-12 | 2023-12 | |
|---|---|---|---|
| Revenue | $199.1M | $110.0M | $72.9M |
| Operating income | $118.5M | -$16.5M | $70.0M |
| Net income | $72.4M | -$41.5M | $63.2M |
| EPS (diluted) | 0.94 | 0.07 | n/a |
| Operating cash flow | $126.3M | $67.6M | $53.0M |
| Cash | $30.7M | $37.0M | $37.8M |
| Long-term debt | $559.6M | $380.8M | $108.3M |
| Dividends paid | $63.7M | $178.2M | $105.2M |
SEC XBRL, fiscal years, as known on 2026-10-27
LB Stock Sonar score 6/7 axes
Find similar shapesCompareLB ranks highest on growth (91st percentile) and institutional and government (86th), and lowest on insider conviction (1st), among Investment Vehicles peers.
6 of 7 axes scored. Each is a percentile against sector peers (all companies when the sector is thin); higher is better. An unscored axis is unmeasured, not low. How it is scored
LB filings, in plain words
Are LandBridge insiders buying or selling LB?
In the 180 days to 2026-10-27, LandBridge insiders were net sellers, a net $187.6M across purchases and sales reported on Form 4, by 2 sellers.
Have members of Congress traded LB?
Yes. In the year to 2026-10-27, 1 House member disclosed buying LB and 0 House members disclosed selling it; the latest on record is a purchase by Gilbert Cisneros dated 2025-11-21.
Are there planned insider sales of LB?
Yes. 1 Form 144 notice of planned insider sales was filed in the 90 days to 2026-10-27, covering $94.2M of stock; the latest, by LandBridge Holdings LLC, was filed 2026-08-07.
Read the full summary
In the 180 days to 2026-10-27, LandBridge insiders were net sellers of LB, a net $187.6M across purchases and sales reported on Form 4 by 2 sellers. Most of that figure, $187.6M, came from a holder of 10% or more rather than an officer or director. In the year to 2026-10-27, 1 member of Congress disclosed buying LB and 0 members disclosed selling it; the latest on record is a purchase by Gilbert Cisneros dated 2025-11-21. Insiders filed 1 Form 144 notice of intent to sell in the 90 days to 2026-10-27, covering $94.2M of stock. Each figure is counted from SEC and House filings as of 2026-10-27, dated the day the filing was made public.
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