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. 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 $1.05 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 $1.81 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 -5.94%. Over the course of the year, Schlumberger Ltd shares have dropped approximately -11.66%. A 50-day SMA is recorded $36.75, while a 200-day SMA reached $40.57.
Support And Resistance Levels for Schlumberger Ltd (SLB)
RSI (Relative Strength Index) is 41.27 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.30, which suggests the price will decrease in the coming days. Percent R is at 82.42%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
