Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Danaher Corp shares valued at $1,277,541 were sold by Ellis Brian W on Jan 30 ’25. At $224.13 per share, Ellis Brian W sold 5,700 shares. The insider’s holdings dropped to 20,230 shares worth approximately $4.29 million following the completion of this transaction.
Also, Ellis Brian W purchased 5,700 shares, netting a total of over 1,277,542 in proceeds.
Before that, Raskas Daniel had sold 26,318 shares from its account. In a trade valued at $6,226,497, the SVP – Corporate Development traded Danaher Corp shares for $236.59 each. Upon closing the transaction, the insider’s holdings decreased to 26,318 shares, worth approximately $3.23 million.
As published in a research note from Raymond James on February 03, 2025, Danaher Corp [DHR] has been rated down from an Outperform to a Mkt perform. Analysts at Scotiabank started covering the stock with ‘”a Sector perform”‘ outlook in a report released in late December. As of December 19, 2024, Guggenheim has initiated its “Buy” rating for DHR. Earlier on December 13, 2024, BofA Securities upgraded its rating. Their new recommendation was “a Buy” for DHR stock which previously was a “a Neutral”.
Analyzing DHR Stock Performance
During the last five days, there has been a drop of approximately -5.18%. Over the course of the year, Danaher Corp shares have dropped approximately -7.59%. Shares of the company reached a 52-week high of $258.23 on 01/28/25 and a 52-week low of $210.04 on 02/04/25. A 50-day SMA is recorded $234.15, while a 200-day SMA reached $252.89. Nevertheless, trading volume fell to 5.03 million shares from 7.52 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 209.89, which, if violated, would cause prices to drop to 207.66. In the upper region, resistance lies at 215.40. The next price resistance is at 218.68. RSI (Relative Strength Index) is 28.30 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -19.73, which suggests the price will decrease in the coming days. Percent R is at 95.66%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
