In a filing, Danaher Corp revealed its SVP – Corporate Development Raskas Daniel unloaded Company’s shares for reported $6.23 million on Nov 26 ’24. In the deal valued at $236.59 per share,26,318 shares were sold. As a result of this transaction, Raskas Daniel now holds 15,225 shares worth roughly $3.64 million.
Then, Raskas Daniel sold 8,370 shares, generating $1,992,060 in total proceeds. Upon selling the shares at $238.00, the SVP – Corporate Development now owns 15,225 shares.
Before that, Raskas Daniel bought 26,318 shares. Danaher Corp shares valued at $6,226,496 were divested by the Officer at a price of $236.59 per share.
Scotiabank initiated its Danaher Corp [DHR] rating to a Sector perform in a research note published recently. A number of analysts have revised their coverage, including Guggenheim’s analysts, who began to cover the stock in mid December with a ‘”a Buy”‘ rating. BofA Securities also remained covering DHR and has increased its forecast on December 13, 2024 with a “Buy” recommendation from previously “Neutral” rating. Wolfe Research revised its rating on October 31, 2024. It rated DHR as “an Outperform” which previously was an “a Peer perform”.
Price Performance Review of DHR
On Tuesday, Danaher Corp [NYSE:DHR] saw its stock jump 0.38% to $239.10. Over the last five days, the stock has gained 4.11%. Danaher Corp shares have risen nearly 4.16% since the year began. Nevertheless, the stocks have risen 3.83% over the past one year. While a 52-week high of $281.70 was reached on 01/07/25, a 52-week low of $222.53 was recorded on 01/02/25. SMA at 50 days reached $236.84, while 200 days put it at $253.87.
Levels Of Support And Resistance For DHR Stock
The 24-hour chart illustrates a support level at 237.02, which if violated will result in even more drops to 234.93. On the upside, there is a resistance level at 242.17. A further resistance level may holdings at 245.23. The Relative Strength Index (RSI) on the 14-day chart is 59.29, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.95, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 22.84%. Stochastics %K at 79.52% indicates the stock is a holding.
How much short interest is there in Danaher Corp?
A steep rise in short interest was recorded in Danaher Corp stocks on 2024-12-13, growing by 0.68 million shares to a total of 5.73 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 5.05 million shares. There was a rise of 11.9%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on October 01, 2024 when Stephens began covering the stock and recommended ‘”an Overweight”‘ rating along with a $315 price target.
