The CFO of Linde plc (NYSE: LIN) is Selling Shares

By Carrie Williams

Yesterday, the CFO of Linde plc (LINResearch Report), Matthew White, sold shares of LIN for $1.28M.

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Based on Linde plc’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $3.02 billion and quarterly net profit of $461 million. In comparison, last year the company earned revenue of $2.95 billion and had a net profit of $33 million. LIN’s market cap is $47.06B and the company has a P/E ratio of 33.44. Currently, Linde plc has an average volume of 2.36M.

Based on 6 analyst ratings, the analyst consensus is Strong Buy with an average price target of $185.83, reflecting a 12.6% upside.

The insider sentiment on Linde plc has been negative according to 42 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Linde Plc engages in the production of industrial gas. The company was founded on April 18, 2017 and is headquartered in Surrey, the United Kingdom.