KD Logo

Checking in on Linde Plc (LIN) after recent insiders movement

NUE

In a filing, Linde Plc revealed its Exec VP & Chief Legal Officer Bichara Guillermo unloaded Company’s shares for reported $2.23 million on Mar 11 ’25. In the deal valued at $461.65 per share,4,833 shares were sold. As a result of this transaction, Bichara Guillermo now holds 22,778 shares worth roughly $10.49 million.

Then, Bichara Guillermo bought 4,833 shares, generating $2,231,154 in total proceeds.

Before that, Strauss David P sold 2,477 shares. Linde Plc shares valued at $1,163,546 were divested by the Executive VP, Chief HR Officer at a price of $469.74 per share. As a result of the transaction, Strauss David P now holds 1,300 shares, worth roughly $0.6 million.

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 0.09% to $460.71. Over the last five days, the stock has gained 1.46%. Linde Plc shares have risen nearly 10.04% since the year began. Nevertheless, the stocks have fallen -2.79% over the past one year. While a 52-week high of $487.49 was reached on 03/03/25, a 52-week low of $410.69 was recorded on 01/07/25. SMA at 50 days reached $449.10, while 200 days put it at $452.09.

Levels Of Support And Resistance For LIN Stock

The 24-hour chart illustrates a support level at 457.36, which if violated will result in even more drops to 454.01. On the upside, there is a resistance level at 464.43. A further resistance level may holdings at 468.15. The Relative Strength Index (RSI) on the 14-day chart is 53.27, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.96, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 46.59%. Stochastics %K at 45.85% 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 2025-02-28, growing by 0.4 million shares to a total of 5.55 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 5.16 million shares. There was a rise of 7.13%, 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 .

Most Popular