Linde Plc’s recent filing unveils that its Executive VP, Chief HR Officer Strauss David P unloaded Company’s shares for reported $0.96 million on Dec 16 ’24. In the deal valued at $434.35 per share,2,218 shares were sold. As a result of this transaction, Strauss David P now holds 25,926 shares worth roughly $11.08 million.
Then, Strauss David P bought 2,218 shares, generating $963,144 in total proceeds.
Before that, Reynolds Paula Rosput bought 100 shares. Linde Plc shares valued at $44,134 were divested by the Director at a price of $441.34 per share. As a result of the transaction, Reynolds Paula Rosput now holds 233 shares, worth roughly $99558.57.
TD Cowen upgraded its Linde Plc [LIN] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Mizuho’s analysts, who increased its forecast for the stock in mid April from “a Neutral” to “a Buy”. Citigroup also remained covering LIN and has decreased its forecast on April 10, 2024 with a “Neutral” recommendation from previously “Buy” rating. UBS revised its rating on March 27, 2024. It rated LIN as “a Neutral” which previously was an “a Buy”.
Price Performance Review of LIN
On Tuesday, Linde Plc [NASDAQ:LIN] saw its stock jump 1.39% to $427.29. Over the last five days, the stock has gained 3.48%. Linde Plc shares have risen nearly 2.06% since the year began. Nevertheless, the stocks have risen 5.25% over the past one year. While a 52-week high of $487.49 was reached on 01/14/25, a 52-week low of $396.07 was recorded on 01/07/25. SMA at 50 days reached $440.80, while 200 days put it at $449.45.
Levels Of Support And Resistance For LIN Stock
The 24-hour chart illustrates a support level at 422.74, which if violated will result in even more drops to 418.18. On the upside, there is a resistance level at 429.83. A further resistance level may holdings at 432.36. The Relative Strength Index (RSI) on the 14-day chart is 49.40, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.66, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 3.04%. Stochastics %K at 62.07% indicates the stock is a holding.
How much short interest is there in Linde Plc?
A steep rise in short interest was recorded in Linde Plc stocks on 2024-12-31, growing by 1.09 million shares to a total of 6.55 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 5.47 million shares. There was a rise of 16.57%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on March 01, 2024 when Wolfe Research began covering the stock and recommended ‘”a Peer perform”‘ rating .
