Danaher Corp’s recent filing unveils that its Senior Vice President – GC Ellis Brian W unloaded Company’s shares for reported $1.28 million on Jan 30 ’25. In the deal valued at $224.13 per share,5,700 shares were sold. As a result of this transaction, Ellis Brian W now holds 20,230 shares worth roughly $4.51 million.
Then, Ellis Brian W bought 5,700 shares, generating $1,277,542 in total proceeds.
Before that, Raskas Daniel sold 26,318 shares. Danaher Corp shares valued at $6,226,497 were divested by the SVP – Corporate Development at a price of $236.59 per share. As a result of the transaction, Raskas Daniel now holds 15,225 shares, worth roughly $3.39 million.
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 Friday, Danaher Corp [NYSE:DHR] saw its stock fall -0.15% to $222.74. Over the last five days, the stock has lost -9.38%. Danaher Corp shares have fallen nearly -2.97% since the year began. Nevertheless, the stocks have fallen -9.07% over the past one year. While a 52-week high of $281.70 was reached on 01/28/25, a 52-week low of $221.34 was recorded on 01/30/25. SMA at 50 days reached $235.20, while 200 days put it at $253.27.
Levels Of Support And Resistance For DHR Stock
The 24-hour chart illustrates a support level at 220.90, which if violated will result in even more drops to 219.07. On the upside, there is a resistance level at 226.04. A further resistance level may holdings at 229.34. The Relative Strength Index (RSI) on the 14-day chart is 34.51, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -15.64, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.20%. Stochastics %K at 3.53% 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 2025-01-15, growing by 0.39 million shares to a total of 6.13 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 5.73 million shares. There was a rise of 6.39%, 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.
