Schlumberger Ltd’s recent filing unveils that its Director de La Chevardiere Patrick unloaded Company’s shares for reported $0.17 million on May 22 ’25. In the deal valued at $33.58 per share,5,000 shares were sold. As a result of this transaction, de La Chevardiere Patrick now holds 23,525 shares worth roughly $0.78 million.
Then, de La Chevardiere Patrick bought 5,000 shares, generating $167,900 in total proceeds.
Before that, Raman Aparna sold 25,133 shares. Schlumberger Ltd shares valued at $1,062,623 were divested by the Chief Strategy & Mktg Officer at a price of $42.28 per share. As a result of the transaction, Raman Aparna now holds 31,031 shares, worth roughly $1.03 million.
Wells Fargo upgraded its Schlumberger Ltd [SLB] rating to an Overweight from a an Equal weight in a research note published recently. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in late January has reiterated a ‘”a Buy”‘ rating for it. Evercore ISI also remained covering SLB and has decreased its forecast on January 15, 2025 with a “an In-line” recommendation from previously “an Outperform” rating. Griffin Securities revised its rating on December 20, 2024. It rated SLB as “a Neutral” which previously was an “a Buy”.
Price Performance Review of SLB
On Friday, Schlumberger Ltd [NYSE:SLB] saw its stock fall -1.87% to $33.05. Over the last five days, the stock has lost -2.07%. Schlumberger Ltd shares have fallen nearly -13.80% since the year began. Nevertheless, the stocks have fallen -28.97% over the past one year. While a 52-week high of $50.94 was reached on 01/21/25, a 52-week low of $31.11 was recorded on 04/09/25. SMA at 50 days reached $35.89, while 200 days put it at $40.27.
Levels Of Support And Resistance For SLB Stock
The 24-hour chart illustrates a support level at 32.76, which if violated will result in even more drops to 32.47. On the upside, there is a resistance level at 33.42. A further resistance level may holdings at 33.79. The Relative Strength Index (RSI) on the 14-day chart is 37.37, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.18, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.79%. Stochastics %K at 11.11% indicates the stock is a buying.
The most recent change occurred on December 19, 2024 when Piper Sandler began covering the stock and recommended ‘”a Neutral”‘ rating along with a $47 price target.
