Al Mogharbel Khaled

EVP Al Mogharbel Khaled sells 123,097 shares (40% of holdings) at avg $44.09 for $5.4M on Jan 21

Al Mogharbel Khaled, EVP of Geographies at Schlumberger, executed 2 separate sales totaling 123,097 shares for $5,427,156.43 at a blended average price of $44.09, reducing his holdings by 40.0% from 307,723 to 184,626 shares. His prior trades at SLB show a consistent pattern: all 5 prior sales were well-timed at the 90-day mark, with cumulative declines ranging from -1.8% to -16.5%, establishing a 100% accuracy rate for this ticker. The current price of $43.74 sits -20.8% from the 52-week high of $55.22, though the 30-day change is +18.8%, indicating recent upside momentum that precedes this large divestiture. The company's fundamentals remain sound (P/E 13.80, +18.0% annual revenue growth, $9.2B quarterly revenue), but the scale of this position reduction and the insider's demonstrated pattern of well-timed exits at this ticker warrant investor attention to whether this represents a meaningful reassessment of medium-term prospects.

EVP Khaled Al Mogharbel sold 120,668 shares ($6.1M) at avg $50.19 on 2024-07-22; holdings down 32.8%

Al Mogharbel, EVP of Geographies at Schlumberger, executed 2 separate sales totaling 120,668 shares for $6,056,483.60 at an average price of $50.19 on 2024-07-22, reducing his holdings from 368,367 shares to 247,699 shares (a 32.8% reduction). His prior trades at SLB show a consistent pattern: all 3 prior sales at this ticker were followed by negative 90-day returns (-1.8%, -2.3%, -13.6%), and his cross-ticker track record demonstrates a 100.00% well-timed rate on sells, indicating a historical tendency to precede declines. The stock currently trades at $49.44, below the transaction prices, and is -20.4% from its 52-week high of $62.10, suggesting the sale occurred near a relatively elevated level. Given the magnitude of the position reduction and the insider's demonstrated pattern of well-timed exits, this sale warrants attention as a potential leading indicator of near-term weakness.