Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Schlumberger Ltd shares valued at $1,062,623 were sold by Raman Aparna on Mar 28 ’25. At $42.28 per share, Raman Aparna sold 25,133 shares. The insider’s holdings dropped to 31,031 shares worth approximately $1.06 million following the completion of this transaction.
Also, Raman Aparna purchased 25,133 shares, netting a total of over 1,062,553 in proceeds.
Before that, Rennick Gavin had sold 26,990 shares from its account. In a trade valued at $1,104,431, the President New Energy traded Schlumberger Ltd shares for $40.92 each. Upon closing the transaction, the insider’s holdings decreased to 26,990 shares, worth approximately $1.83 million.
As published in a research note from Wells Fargo on April 08, 2025, Schlumberger Ltd [SLB] has been rated up from an Equal weight to an Overweight and the price target has been revised to $44. Analysts at TD Cowen resumed the stock at ‘”a Buy”‘ outlook in a report released in late January. As of January 15, 2025, Evercore ISI has decreased its “an Outperform” rating to a “an In-line” for SLB. Earlier on December 20, 2024, Griffin Securities downgraded its rating. Their new recommendation was “a Neutral” for SLB stock which previously was a “a Buy”.
Analyzing SLB Stock Performance
During the last five days, there has been a drop of approximately -5.09%. Over the course of the year, Schlumberger Ltd shares have dropped approximately -10.93%. Shares of the company reached a 52-week high of $44.66 on 01/21/25 and a 52-week low of $31.11 on 04/09/25. A 50-day SMA is recorded $39.84, while a 200-day SMA reached $42.11.
Support And Resistance Levels for Schlumberger Ltd (SLB)
According to the 24-hour chart, there is a support level at 33.73, which, if violated, would cause prices to drop to 33.30. In the upper region, resistance lies at 34.64. The next price resistance is at 35.13. RSI (Relative Strength Index) is 37.90 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.59, which suggests the price will decrease in the coming days. Percent R is at 73.43%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
