SLB - Sell Alert: Howard Guild Cashes Out $1.18M In Schlumberger Stock | Benzinga
It was reported on January 25, that Howard Guild, Chief Accounting Officer at Schlumberger (NYSE:SLB) executed a significant insider sell, according to an SEC filing.
What Happened: Guild's decision to sell 22,853 shares of Schlumberger was revealed in a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday. The total value of the sale is $1,180,585.
Schlumberger's shares are actively trading at $52.39, experiencing a down of 0.15% during Friday's morning session.
Delving into Schlumberger's Background
SLB, formerly known as Schlumberger, is the largest oilfield service firm in the world, with expertise in myriad disciplines, including reservoir performance, well construction, production enhancement, and more recently, digital solutions. It maintains a reputation as one of the industry's leading innovators, which has earned it dominant share in numerous end markets.
Financial Insights: Schlumberger
Revenue Growth: Schlumberger's remarkable performance in 3 months is evident. As of 31 December, 2023, the company achieved an impressive revenue growth rate of 14.12%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Energy sector, the company excelled with a ...