New insider activity at Schlumberger ( (SLB) ) has taken place on May 1, 2026.
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EVP, Geographies Steve Matthew Gassen has cashed out a significant portion of his holdings in Schlumberger, selling 53,379 shares of the company’s stock in a transaction valued at $2,998,766. This sizable sale highlights notable insider activity at the energy services giant and may attract attention from investors monitoring executive stock transactions.
Recent Updates on SLB stock
SLB shares saw bullish analyst sentiment over the last 24 hours as multiple firms raised price targets following Q1 results that were at or above expectations, despite war-related disruptions in the Middle East. Analysts cited stronger-than-expected Q1 performance, robust free cash flow, improved global upstream spending outlook, and SLB’s leading international oilfield service and technology position, with some also highlighting potential post-conflict upside and higher long-term commodity prices driving more activity.
Spark’s Take on SLB Stock
According to Spark, TipRanks’ AI Analyst, SLB is a Outperform.
Overall score reflects a healthy financial foundation (deleveraging and strong operating cash flow) and strong technical uptrend, partially offset by a higher valuation multiple and near-term earnings uncertainty tied to Middle East disruptions and recent margin/FCF pressure.
To see Spark’s full report on SLB stock, click here.
More about Schlumberger
YTD Price Performance: 49.06%
Average Trading Volume: 18,272,624
Technical Sentiment Signal: Buy
Current Market Cap: $85.04B