A company insider recently bought 3,500 shares of LyondellBasell Industries NV [LYB]. Should You Buy?

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 $199,535 were purchased by Hanley Michael Sean on May 05 ’25. At $57.01 per share, Hanley Michael Sean acquired 3,500 shares. The insider’s holdings grew to 19,528 shares worth approximately $1.11 million following the completion of this transaction.

Also, Hanley Michael Sean purchased 3,750 shares, netting a total of over 270,196 in proceeds. Following the buying of shares at $72.05 each, the insider now holds 16,028 shares.

Before that, Buchanan Robin W.T. had added 5,000 shares to its account. In a trade valued at $380,300, the Director bought LyondellBasell Industries NV shares for $76.06 each. Upon closing the transaction, the insider’s holdings increased to 5,000 shares, worth approximately $1.04 million.

As published in a research note from RBC Capital Mkts on April 09, 2025, LyondellBasell Industries NV [LYB] has been rated down from an Outperform to a Sector perform and the price target has been revised to $62. Analysts at UBS downgraded the stock from ‘”a Neutral”‘ to ‘”a Sell”‘ outlook in a report released in early April. As of April 04, 2025, JP Morgan has decreased its “an Overweight” rating to a “Neutral” for LYB. Earlier on January 07, 2025, Piper Sandler downgraded its rating. Their new recommendation was “a Neutral” for LYB stock which previously was a “an Overweight”.

Analyzing LYB Stock Performance

During the last five days, there has been a drop of approximately -2.48%. Over the course of the year, LyondellBasell Industries NV shares have dropped approximately -23.16%. Shares of the company reached a 52-week high of $79.39 on 01/28/25 and a 52-week low of $51.11 on 04/09/25.

Support And Resistance Levels for LyondellBasell Industries NV (LYB)

According to the 24-hour chart, there is a support level at 56.49, which, if violated, would cause prices to drop to 55.92. In the upper region, resistance lies at 58.14. The next price resistance is at 59.21. RSI (Relative Strength Index) is 44.27 on the 14-day chart, showing neutral technical sentiment.

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