Schlumberger Limited (NYSE:SLB) is now up 0.39% compared to a 12-month low of $64.15. We have seen the price to move -1.66% lower and get settled at $64.4 on 8/10/2017. At recent session, it appeared stuck in a range of $64.19 to $65.78. This company shares are 21.79% off its target price of $78.43 and the current market capitalization stands at $90.06B. The recent change has given its price a -4.17% deficit over SMA 50 and -26.68% deficit over its 52-week high. The stock witnessed -1.8% declines, -10.28% declines and -20.7% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found SLB’s volatility during a week at 1.74% and during a month it has been found around 1.84%.

Schlumberger Limited (SLB) Top Holders

Institutional investors currently hold around $73.78 billion or 81.3% in SLB stock. Look at its top three institutional owners. Capital World Investors owns $6.98 billion in Schlumberger Limited, which represents roughly 7.75% of the company’s market cap and approximately 9.47% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 96,232,713 shares of the stock are valued at $6.3 billion. The third largest holder is Blackrock Inc., which currently holds $5.62 billion worth of this stock and that ownership represents nearly 6.24% of its market capitalization.

Schlumberger Limited 13F Filings

At the end of Mar reporting period, 766 institutional holders increased their position in Schlumberger Limited (NYSE:SLB) by some 63,212,184 shares, 809 decreased positions by 56,053,161 and 165 held positions by 1,007,241,200. That puts total institutional holdings at 1,126,506,545 shares, according to SEC filings. The stock grabbed 97 new institutional investments totaling 7,434,807 shares while 107 institutional investors sold out their entire positions totaling 5,817,968 shares.

Schlumberger Limited (NYSE:SLB) Insider Trades

Multiple company employees have indulged in significant insider trading. Schlumberger Limited disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director Lund Helge has acquired 2,800 shares of Schlumberger Limited (SLB) in trading session dated Jul. 24, 2017. These shares are worth $186,984 and were traded at $66.78 each. The SEC filing shows that Floridia Aaron Gatt performed a sale of 40,000 shares. The President disposed these shares by way of transaction on Jun. 12, 2017. The company’s shares were given away at $69.17 per share worth to an income of some $2,766,800 on account of Floridia Aaron Gatt.

Director, SANDVOLD TORE I, sold 5,000 common shares of Schlumberger Limited (SLB) in the open market. In a transaction dated Jun. 07, 2017, the shares were put up for sale at an average price of $69.82, raking in a sum of $349,100. After this sale, 5,000 common shares of SLB are directly owned by the insider, with total stake valued at $322,000.

In the transaction dated May. 30, 2017, the great number of shares acquired came courtesy the Director; CURRIE PETER L S added a total of 3,625 shares at an average price of $69.02, amounting to approximately $250,198. The insider now directly owns 41,925 shares worth $2,699,970.

Schlumberger Limited (SLB) Analyst Guide

Several analysts have released their opinion on Schlumberger Limited (NYSE:SLB), with 10 analysts believing it is a strong buy. Whereas 9 of them predict the stock is a hold. Also, there are 2 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.93 average brokerage recommendation.

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