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. LyondellBasell Industries NV shares valued at $270,196 were purchased by Hanley Michael Sean on Mar 12 ’25. At $72.05 per share, Hanley Michael Sean acquired 3,750 shares. The insider’s holdings grew to 16,028 shares worth approximately $1.14 million following the completion of this transaction.
Also, Buchanan Robin W.T. purchased 5,000 shares, netting a total of over 380,300 in proceeds. Following the buying of shares at $76.06 each, the insider now holds 18,175 shares.
Before that, Friedrichs Dale D had sold 4,970 shares from its account. In a trade valued at $480,997, the EVP, Ops Excellence, HSE traded LyondellBasell Industries NV shares for $96.78 each. Upon closing the transaction, the insider’s holdings decreased to 4,970 shares, worth approximately $2.43 million.
As published in a research note from Piper Sandler on January 07, 2025, LyondellBasell Industries NV [LYB] has been rated down from an Overweight to a Neutral and the price target has been revised to $95 from $112. Analysts at Wolfe Research started covering the stock with ‘”an Underperform”‘ outlook in a report released in early March. As of February 05, 2024, JP Morgan has increased its “Neutral” rating to a “an Overweight” for LYB. Earlier on January 10, 2024, Deutsche Bank downgraded its rating. Their new recommendation was “a Hold” for LYB stock which previously was a “a Buy”.
Analyzing LYB Stock Performance
During the last five days, there has been a drop of approximately -3.53%. Over the course of the year, LyondellBasell Industries NV shares have dropped approximately -4.32%. Shares of the company reached a 52-week high of $79.39 on 01/28/25 and a 52-week low of $69.79 on 03/25/25. A 50-day SMA is recorded $75.79, while a 200-day SMA reached $86.26.
Support And Resistance Levels for LyondellBasell Industries NV (LYB)
According to the 24-hour chart, there is a support level at 70.21, which, if violated, would cause prices to drop to 69.35. In the upper region, resistance lies at 71.52. The next price resistance is at 71.97. RSI (Relative Strength Index) is 39.26 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.47, which suggests the price will decrease in the coming days. Percent R is at 85.27%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
