Linde plc (NYSE: LIN) Executives are Making Moves with Their Shares

By Carrie Williams

Today, the CFO of Linde plc (LINResearch Report), Matthew White, sold shares of LIN for $6.16M.

Following Matthew White’s last LIN Sell transaction on February 05, 2019, the stock climbed by 20.5%. In addition to Matthew White, one other LIN executive reported Sell trades in the last month.

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Based on Linde plc’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $5.82 billion and quarterly net profit of $2.98 billion. In comparison, last year the company earned revenue of $3 billion and had a net profit of $462 million. Currently, Linde plc has an average volume of 662.6K. LIN’s market cap is $101B and the company has a P/E ratio of 16.37.

Based on 12 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $190.68, reflecting a 2.6% upside.

In the last 30 days, insiders have sold $6.16M worth of LIN shares and purchased $1.14M worth of LIN shares. The insider sentiment on Linde plc has been neutral according to 44 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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