Assenagon Asset Management S.A. Reduces Stock Position in Linde PLC $LIN

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Assenagon Asset Management S.A. significantly reduced its stake in Linde PLC by 99.1% in the fourth quarter, selling over 1.6 million shares and retaining a smaller position valued at $6.298 million. Simultaneously, insiders at Linde have also been net sellers, offloading over 20,000 shares worth approximately $9.75 million in the last 90 days. Despite these reductions, other institutional investors have increased their holdings, and analysts maintain a “Buy” rating for Linde with an average target price of $515.20.

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