Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Danaher Corp shares valued at $6,226,497 were sold by Raskas Daniel on Nov 26 ’24. At $236.59 per share, Raskas Daniel sold 26,318 shares. The insider’s holdings dropped to 15,225 shares worth approximately $3.5 million following the completion of this transaction.
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Also, Raskas Daniel sold 8,370 shares, netting a total of over 1,992,060 in proceeds. Following the sale of shares at $238.00 each, the insider now holds 15,225 shares.
Before that, Raskas Daniel had added 26,318 shares to its account. In a trade valued at $6,226,496, the Officer bought Danaher Corp shares for $236.59 each.
As published in their initiating research note from Scotiabank on December 23, 2024, Danaher Corp [DHR] has been a Sector perform. Analysts at Guggenheim started covering the stock with ‘”a Buy”‘ outlook in a report released in mid December. As of December 13, 2024, BofA Securities has increased its “Neutral” rating to a “Buy” for DHR. Earlier on October 31, 2024, Wolfe Research upgraded its rating. Their new recommendation was “an Outperform” for DHR stock which previously was a “a Peer perform”.
Analyzing DHR Stock Performance
During the last five days, there has been a drop of approximately -0.41%. Over the course of the year, Danaher Corp shares have jumped approximately 0.11%. Shares of the company reached a 52-week high of $231.85 on 01/02/25 and a 52-week low of $228.57 on 01/02/25. A 50-day SMA is recorded $237.90, while a 200-day SMA reached $254.11. Nevertheless, trading volume fell to 2.76 million shares from 1.99 million shares the previous day.
Support And Resistance Levels for Danaher Corp (DHR)
According to the 24-hour chart, there is a support level at 228.30, which, if violated, would cause prices to drop to 226.80. In the upper region, resistance lies at 231.58. The next price resistance is at 233.36. RSI (Relative Strength Index) is 40.94 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.15, which suggests the price will decrease in the coming days. Percent R is at 64.99%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
