KD Logo

Investing in Danaher Corp. (DHR): What You Must Know

Danaher Corp.’s filing revealed that its Former Director Weidemanis Joakim acquired Company’s shares for reported $4.5 million on Oct 23 ’24. In the deal valued at $254.95 per share,17,659 shares were bought.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, Couchara Georgeann sold 952 shares, generating $255,483 in total proceeds. Upon selling the shares at $268.37, the SVP, Human Resources now owns 4,212 shares.

Before that, Couchara Georgeann bought 952 shares. Danaher Corp. shares valued at $255,483 were divested by the Officer at a price of $268.37 per share.

Stephens initiated its Danaher Corp. [DHR] rating to an Overweight in a research note published on October 01, 2024; the price target was $315. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who began to cover the stock in late August with a ‘”an Equal weight”‘ rating. HSBC Securities revised its rating on April 17, 2024. It rated DHR as “a Buy” which previously was an “a Hold”.

Price Performance Review of DHR

On Tuesday, Danaher Corp. [NYSE:DHR] saw its stock fall -0.59% to $242.69. Over the last five days, the stock has lost -7.11%. Danaher Corp. shares have risen nearly 4.91% since the year began. Nevertheless, the stocks have risen 29.17% over the past one year. While a 52-week high of $281.70 was reached on 08/01/24, a 52-week low of $182.09 was recorded on 01/18/24. SMA at 50 days reached $268.43, while 200 days put it at $256.12.

Levels Of Support And Resistance For DHR Stock

The 24-hour chart illustrates a support level at 241.32, which if violated will result in even more drops to 239.95. On the upside, there is a resistance level at 244.50. A further resistance level may holdings at 246.31. The Relative Strength Index (RSI) on the 14-day chart is 25.34, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -17.72, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.53%. Stochastics %K at 2.30% indicates the stock is a buying.

How much short interest is there in Danaher Corp.?

A steep rise in short interest was recorded in Danaher Corp. stocks on 2024-10-15, dropping by -1.68 million shares to a total of 5.32 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 7.01 million shares. There was a decline of -31.63%, which implies that there is a negative sentiment for the stock.

Most Popular