The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Linde Plc shares valued at $3,117,142 were sold by Nowicki Juergen on Feb 20 ’25. At $459.62 per share, Nowicki Juergen sold 6,782 shares. The insider’s holdings dropped to 14,765 shares worth approximately $6.8 million following the completion of this transaction.
Also, Patwari Binod sold 1,400 shares, netting a total of over 640,570 in proceeds. Following the sale of shares at $457.55 each, the insider now holds 2,630 shares.
Before that, Nowicki Juergen had added 6,782 shares to its account. In a trade valued at $3,117,147, the Officer bought Linde Plc shares for $459.62 each.
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 drop of approximately -0.35%. Over the course of the year, Linde Plc shares have jumped approximately 9.94%. Shares of the company reached a 52-week high of $468.99 on 02/25/25 and a 52-week low of $410.69 on 01/07/25. A 50-day SMA is recorded $439.40, while a 200-day SMA reached $450.23. Nevertheless, trading volume fell to 2.07 million shares from 1.58 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 457.36, which, if violated, would cause prices to drop to 454.45. In the upper region, resistance lies at 465.71. The next price resistance is at 471.15. RSI (Relative Strength Index) is 56.88 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.47, which suggests the price will increase in the coming days. Percent R is at 45.99%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
