One Wealth Advisors LLC Sells 226 Shares of Linde plc (NASDAQ:LIN)

One Wealth Advisors LLC decreased its position in Linde plc (NASDAQ:LIN) by 22.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 786 shares of the basic materials company’s stock after selling 226 shares during the quarter. One Wealth Advisors LLC’s holdings in Linde were worth $329,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of LIN. Synergy Asset Management LLC purchased a new stake in Linde in the fourth quarter worth about $25,000. Kozak & Associates Inc. purchased a new stake in Linde in the third quarter worth about $34,000. Global Wealth Strategies & Associates grew its position in shares of Linde by 144.8% during the fourth quarter. Global Wealth Strategies & Associates now owns 71 shares of the basic materials company’s stock worth $30,000 after purchasing an additional 42 shares in the last quarter. Retirement Wealth Solutions LLC purchased a new stake in shares of Linde during the fourth quarter worth about $34,000. Finally, Capital Performance Advisors LLP purchased a new stake in shares of Linde during the third quarter worth about $43,000. Institutional investors own 82.80% of the company’s stock.

Insider Buying and Selling

In other Linde news, VP David P. Strauss sold 2,218 shares of the firm’s stock in a transaction on Monday, December 16th. The stock was sold at an average price of $434.35, for a total transaction of $963,388.30. Following the transaction, the vice president now directly owns 25,926 shares in the company, valued at $11,260,958.10. This trade represents a 7.88 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Paula Rosput Reynolds acquired 100 shares of Linde stock in a transaction on Thursday, December 12th. The shares were purchased at an average price of $441.34 per share, for a total transaction of $44,134.00. Following the completion of the acquisition, the director now directly owns 233 shares in the company, valued at $102,832.22. This trade represents a 75.19 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.60% of the stock is owned by corporate insiders.

Linde Price Performance

NASDAQ:LIN opened at $454.21 on Tuesday. The firm has a market capitalization of $216.28 billion, a price-to-earnings ratio of 34.49, a PEG ratio of 2.77 and a beta of 0.94. Linde plc has a 1 year low of $396.07 and a 1 year high of $487.49. The business has a 50 day simple moving average of $434.54 and a 200-day simple moving average of $453.31. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.96 and a quick ratio of 0.81.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on LIN. Deutsche Bank Aktiengesellschaft increased their target price on Linde from $510.00 to $515.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Mizuho increased their target price on Linde from $520.00 to $530.00 and gave the stock an “outperform” rating in a research report on Friday, November 1st. TD Cowen upgraded Linde from a “hold” rating to a “buy” rating and increased their target price for the stock from $480.00 to $515.00 in a research report on Monday, January 13th. Erste Group Bank reiterated a “hold” rating on shares of Linde in a research report on Tuesday, November 19th. Finally, BMO Capital Markets increased their target price on Linde from $477.00 to $507.00 and gave the stock an “outperform” rating in a research report on Friday, November 1st. Four analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, Linde has an average rating of “Moderate Buy” and an average price target of $501.82.

Linde Profile

Linde plc operates as an industrial gas company in the Americas, Europe, the Middle East, Africa, Asia, and South Pacific. It offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene.