GuruFocus - On July 22, 2024, Vijay Kasibhatla, Director of Mergers & Acquisitions at Schlumberger Ltd (NYSE:SLB), executed a sale of 10,000 shares of the company. The transaction was filed on the same day with the SEC. Following this transaction, the insider now owns 62,354 shares of Schlumberger Ltd.
Schlumberger Ltd is a global technology company that provides technology for reservoir characterization, drilling, production, and processing to the oil and gas industry. The company's products and services are designed to optimize the discovery and development of oil and natural gas.
The shares were sold at a price of $49.29, valuing the transaction at approximately $492,900. This sale contributes to a total of 30 insider sells over the past year, with no insider buys recorded during the same period.
The market cap of Schlumberger Ltd stands at $70.20 billion. The company's price-earnings ratio is 16.16, which is above the industry median of 11.67. This ratio is also lower than the companys historical median.
According to the GF Value, the intrinsic value of Schlumberger Ltd is estimated at $57.51 per share, making the stock modestly undervalued with a price-to-GF-Value ratio of 0.86.
The insider transaction trend for Schlumberger Ltd indicates a predominance of selling activities over the past year, as depicted in the insider trend image above.
The GF Value, a measure based on historical trading multiples, an adjustment factor from GuruFocus, and future business performance estimates from analysts, suggests that Schlumberger Ltd's stock currently presents a modest investment opportunity relative to its intrinsic value.
For more detailed information on Schlumberger Ltd's financial metrics such as price-sales ratio, price-book ratio, and price-to-free cash flow, interested parties are encouraged to visit the respective links.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
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