Halliburton CFO Eric Carre Sells Shares in Planned Transaction
Eric Carre, Halliburton's CFO, sold 24,778 shares in a planned move.
Key Points
- Eric Carre, Halliburton's CFO, sold 24,778 shares valued at $889,282 on June 18, 2026.
- Halliburton shares traded near $34.48 on Monday with a market cap of about $29.18 billion.
- Analysts like Citigroup and Barclays have recently maintained or upgraded their buy ratings for Halliburton.
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Eric Carre, the Executive Vice President and Chief Financial Officer of Halliburton Company, sold 24,778 shares in a planned transaction on June 18, 2026. The shares were sold at an average price of $35.89, amounting to a total of approximately $889,282. This sale was part of a pre-arranged trading plan, often used by insiders to avoid potential conflicts of interest.
Insider Buying and Selling at Halliburton Company
In addition to Eric Carre's recent transaction, other insiders have also been active in selling shares. Van Beckwith, EVP, Secretary, and CLO, sold 198,349 shares at $41.29 each on May 15, 2026. Michael Casey Maxwell, President of the Western Hemisphere, sold 20,348 shares at $41.89 on May 5, 2026. These transactions were also part of planned sales.
Halliburton Company Stock Down 2.9%
As of Monday, shares of NYSE:HAL traded near $34.48. Halliburton Company has a market capitalization of approximately $29.18 billion. The company's P/E ratio stands at 19.3, with a forward P/E of 12.0, indicating expectations of earnings growth. Halliburton's beta is 0.704, suggesting lower volatility compared to the market. The stock's 52-week range is between $20.09 and $43.59, with a 50-day moving average of $39.82 and a 200-day moving average of $32.20.
$HAL stock price
Daily closing prices, year to date. Not investment advice.
Analysts Set New Price Targets
Analysts have been revising their outlook on Halliburton. On June 3, 2026, Citigroup maintained its 'buy' rating with a price target of $52. Barclays upgraded the stock to a 'buy' with a target of $55 on May 8, 2026. The consensus among 25 analysts is a 'buy' recommendation, with a mean target price of $44.24.
About Halliburton
Halliburton Company is a leading provider of products and services to the energy industry worldwide. Headquartered in Houston, Texas, it operates through two main segments: Completion and Production, and Drilling and Evaluation. The company offers a range of services, including production enhancement, cementing, and drilling systems. Halliburton was founded in 1919 and employs around 46,000 people under the leadership of CEO Eric J. Carre.
Bottom Line
Eric Carre's recent sale of Halliburton shares is part of a planned transaction, reflecting standard insider trading practices. Investors keep an eye on insider transactions for potential insights, though these sales are not necessarily indicative of future stock performance. Halliburton remains a key player in the energy sector, with analysts maintaining a positive outlook on the stock.
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