In a filing, Thermo Fisher Scientific Inc revealed its Chairman & CEO CASPER MARC N unloaded Company’s shares for reported $5.32 million on Dec 03 ’24. In the deal valued at $532.20 per share,10,000 shares were sold. As a result of this transaction, CASPER MARC N now holds 101,192 shares worth roughly $56.21 million.
Then, CASPER MARC N sold 10,000 shares, generating $5,302,604 in total proceeds. Upon selling the shares at $530.26, the Chairman & CEO now owns 111,192 shares.
Before that, CASPER MARC N bought 10,000 shares. Thermo Fisher Scientific Inc shares valued at $5,321,941 were divested by the Officer at a price of $532.19 per share.
Bernstein upgraded its Thermo Fisher Scientific Inc [TMO] rating to an Outperform from a a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including Scotiabank’s analysts, who began to cover the stock in late December with a ‘”a Sector perform”‘ rating. Redburn Atlantic began covering TMO with “Buy” recommendation on October 14, 2024. Stephens started covering the stock on October 01, 2024. It rated TMO as “an Overweight”.
Price Performance Review of TMO
On Monday, Thermo Fisher Scientific Inc [NYSE:TMO] saw its stock jump 2.44% to $555.52. Over the last five days, the stock has gained 4.42%. Thermo Fisher Scientific Inc shares have risen nearly 6.78% since the year began. Nevertheless, the stocks have risen 2.13% over the past one year. While a 52-week high of $627.88 was reached on 01/13/25, a 52-week low of $493.30 was recorded on 01/02/25. SMA at 50 days reached $531.82, while 200 days put it at $570.52.
Levels Of Support And Resistance For TMO Stock
The 24-hour chart illustrates a support level at 544.02, which if violated will result in even more drops to 532.52. On the upside, there is a resistance level at 564.67. A further resistance level may holdings at 573.82. The Relative Strength Index (RSI) on the 14-day chart is 66.47, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 15.38, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 14.37%. Stochastics %K at 79.90% indicates the stock is a holding.
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 2024-12-31, dropping by 18956.0 shares to a total of 3.52 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 3.54 million shares. There was a decline of -0.54%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on August 28, 2024 when Wells Fargo began covering the stock and recommended ‘”an Overweight”‘ rating along with a $670 price target.
