Lamba Sanjiv, an insider at Linde PLC (LIN), recently acquired 90,794 shares of the company at a price of $396.68 per share, totaling approximately $36.02 million. This transaction occurred on December 7, 2025, and following this purchase, Sanjiv now holds the same number of shares in the company.
Linde PLC, headquartered in Woking, Surrey, is a global leader in industrial gases and engineering, employing 64,842 individuals. The company, which went public on October 31, 2018, serves various industries, including chemicals, energy, food and beverage, electronics, healthcare, manufacturing, metals, and mining. Its products are vital for applications such as clean hydrogen production and carbon capture systems, which are essential for the energy transition.
The move underscores the confidence insiders may have in their company's future prospects, as such transactions can signal positive sentiment. However, investors are advised to consider insider activity within a broader context, examining patterns across multiple insiders rather than isolated transactions.
Linde's current market capitalization stands at $188.5 billion, with a P/E ratio of 26.57 and an EPS of 14.94. The company has a dividend yield of 146.6%. Upcoming earnings reports are scheduled for April 29, 2026, with an estimated EPS of $4.29 and revenue of $8.7 billion, followed by another report on July 30, 2026, with an EPS estimate of $4.50 and revenue of $9.0 billion.