Merad Abdellah, who serves as Executive Vice President of Core Services & Equipment at SLB Limited (NYSE:SLB), executed a sale of 60,000 shares of the company’s common stock on January 26, 2026. The shares were transacted at $49.70 per share, producing aggregate proceeds of approximately $2.98 million.
Earlier in the same week, on January 23, 2026, Abdellah received 51,885 shares as a result of performance share units vesting. Also on January 23, he disposed of 20,418 shares at $50.25 per share to meet tax obligations linked to the vesting event, yielding proceeds of $1,026,004.
After these movements, Abdellah’s direct ownership in SLB stands at 140,602 shares. The transactions leave his stake quantified precisely at that post-trade figure.
Corporate context for SLB includes a favorable InvestingPro health rating described as "GREAT," and the company has an established record of dividend payments for 56 consecutive years. Those institutional metrics were noted alongside the insider activity.
SLB’s fourth-quarter 2025 financial report exceeded expectations, a result that has catalyzed a variety of analyst updates. Stifel raised its price target to $56, citing robust earnings and the company’s acquisition of ChampionX. Raymond James lifted its target to $57 and pointed to strong showings in SLB’s Digital and Production Systems segments. BMO Capital increased its target to $55 after SLB beat both the firm’s and consensus expectations for revenues and earnings per share.
Not all analyst reactions were positive. Freedom Capital Markets downgraded SLB from Hold to Sell, noting persistent headwinds in global drilling activity that corresponded with a 15.2% year-over-year decline in adjusted earnings per share. By contrast, JPMorgan raised its price target to $54 while keeping an Overweight rating, citing an expectation of improvement in certain international markets such as Saudi Arabia and Mexico, along with deepwater operations.
These developments reflect a spectrum of professional assessments following SLB’s quarterly performance. Analysts have adjusted their outlooks in different directions, with some emphasizing recent operational strengths and strategic moves, and others pointing to ongoing market pressures in drilling activity.
All transaction dates, share counts, prices, and resulting ownership levels reported here are as stated in the company filings and disclosures provided for the specified January 2026 dates.