Danaher Corp’s recent filing unveils that its insider Glenstone Foundation acquired Company’s shares for reported $24.78 million on Nov 05 ’24. In the deal valued at $247.76 per share,100,000 shares were bought.
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Then, Weidemanis Joakim bought 17,659 shares, generating $4,502,216 in total proceeds.
Before that, Couchara Georgeann sold 952 shares. Danaher Corp shares valued at $255,483 were divested by the SVP, Human Resources at a price of $268.37 per share. As a result of the transaction, Couchara Georgeann now holds 4,212 shares, worth roughly $1.01 million.
Wolfe Research upgraded its Danaher Corp [DHR] rating to an Outperform from a a Peer perform in a research note published recently. A number of analysts have revised their coverage, including Stephens’s analysts, who began to cover the stock in early October with a ‘”an Overweight”‘ rating. Wells Fargo began covering DHR with “an Equal weight” recommendation on August 28, 2024.
Price Performance Review of DHR
On Tuesday, Danaher Corp [NYSE:DHR] saw its stock fall -1.50% to $239.60. Over the last five days, the stock has lost -4.19%. Danaher Corp shares have risen nearly 3.57% since the year began. Nevertheless, the stocks have risen 21.62% over the past one year. While a 52-week high of $281.70 was reached on 08/01/24, a 52-week low of $193.75 was recorded on 01/18/24. SMA at 50 days reached $263.86, while 200 days put it at $256.91.
Levels Of Support And Resistance For DHR Stock
The 24-hour chart illustrates a support level at 237.76, which if violated will result in even more drops to 235.91. On the upside, there is a resistance level at 242.98. A further resistance level may holdings at 246.35. The Relative Strength Index (RSI) on the 14-day chart is 28.93, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.63, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.11%. Stochastics %K at 9.33% 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 2024-10-31, dropping by -0.43 million shares to a total of 5.21 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 5.64 million shares. There was a decline of -8.26%, which implies that there is a negative sentiment for the stock.
