Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Linde Plc shares valued at $1,323,154 were sold by WOOD ROBERT L on Feb 10 ’25. At $456.26 per share, WOOD ROBERT L sold 2,900 shares. The insider’s holdings dropped to 14,013 shares worth approximately $6.47 million following the completion of this transaction.
Also, WOOD ROBERT L purchased 2,900 shares, netting a total of over 1,323,158 in proceeds.
Before that, Strauss David P had sold 2,218 shares from its account. In a trade valued at $963,388, the Executive VP, Chief HR Officer traded Linde Plc shares for $434.35 each. Upon closing the transaction, the insider’s holdings decreased to 2,218 shares, worth approximately $11.98 million.
As published in a research note from TD Cowen on January 13, 2025, Linde Plc [LIN] has been rated up from a Hold to a Buy. Analysts at Mizuho upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in mid April. As of April 10, 2024, Citigroup has decreased its “Buy” rating to a “Neutral” for LIN. Earlier on March 27, 2024, UBS downgraded its rating. Their new recommendation was “a Neutral” for LIN stock which previously was a “a Buy”.
Analyzing LIN Stock Performance
During the last five days, there has been a surge of approximately 0.29%. Over the course of the year, Linde Plc shares have jumped approximately 10.37%. Shares of the company reached a 52-week high of $466.03 on 02/18/25 and a 52-week low of $410.69 on 01/07/25. A 50-day SMA is recorded $437.33, while a 200-day SMA reached $449.18. Nevertheless, trading volume fell to 1.88 million shares from 2.81 million shares the previous day.
Support And Resistance Levels for Linde Plc (LIN)
According to the 24-hour chart, there is a support level at 459.58, which, if violated, would cause prices to drop to 457.09. In the upper region, resistance lies at 465.10. The next price resistance is at 468.12. RSI (Relative Strength Index) is 62.95 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 4.70, which suggests the price will increase in the coming days. Percent R is at 14.46%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
