Thermo Fisher Scientific Inc’s filing revealed that its Chairman & CEO CASPER MARC N unloaded Company’s shares for reported $4.98 million on Nov 08 ’24. In the deal valued at $552.86 per share,9,000 shares were sold. As a result of this transaction, CASPER MARC N now holds 14,608 shares worth roughly $7.5 million.
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, CASPER MARC N bought 9,000 shares, generating $4,975,753 in total proceeds.
Before that, CASPER MARC N sold 10,000 shares. Thermo Fisher Scientific Inc shares valued at $5,581,174 were divested by the Chairman & CEO at a price of $558.12 per share. As a result of the transaction, CASPER MARC N now holds 33,608 shares, worth roughly $17.24 million.
Redburn Atlantic initiated its Thermo Fisher Scientific Inc [TMO] rating to a Buy 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 TMO with “an Overweight” recommendation on August 28, 2024.
Price Performance Review of TMO
On Friday, Thermo Fisher Scientific Inc [NYSE:TMO] saw its stock fall -3.74% to $513.08. Over the last five days, the stock has lost -7.01%. Thermo Fisher Scientific Inc shares have fallen nearly -3.34% since the year began. Nevertheless, the stocks have risen 9.04% over the past one year. While a 52-week high of $627.88 was reached on 09/10/24, a 52-week low of $463.99 was recorded on 11/15/24. SMA at 50 days reached $586.44, while 200 days put it at $578.57.
Levels Of Support And Resistance For TMO Stock
The 24-hour chart illustrates a support level at 506.72, which if violated will result in even more drops to 500.36. On the upside, there is a resistance level at 524.42. A further resistance level may holdings at 535.76. The Relative Strength Index (RSI) on the 14-day chart is 21.03, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -17.94, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.64%. Stochastics %K at 5.97% indicates the stock is a buying.
How much short interest is there in Thermo Fisher Scientific Inc?
A steep rise in short interest was recorded in Thermo Fisher Scientific Inc stocks on 2024-10-31, dropping by -0.51 million shares to a total of 2.93 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 3.45 million shares. There was a decline of -17.54%, which implies that there is a negative sentiment for the stock.
