In a filing, Thermo Fisher Scientific Inc revealed its Executive Vice President Pettiti Gianluca unloaded Company’s shares for reported $0.18 million on Feb 04 ’25. In the deal valued at $585.59 per share,300 shares were sold. As a result of this transaction, Pettiti Gianluca now holds 16,363 shares worth roughly $ 8.7 million.
Then, Williamson Stephen sold 9,825 shares, generating $5,827,502 in total proceeds. Upon selling the shares at $593.13, the Sr. VP and CFO now owns 27,296 shares.
Before that, Williamson Stephen sold 9,825 shares. Thermo Fisher Scientific Inc shares valued at $5,753,422 were divested by the Sr. VP and CFO at a price of $585.59 per share. As a result of the transaction, Williamson Stephen now holds 27,296 shares, worth roughly $14.52 million.
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 Friday, Thermo Fisher Scientific Inc [NYSE:TMO] saw its stock fall -0.15% to $531.85. Over the last five days, the stock has lost -6.93%. Thermo Fisher Scientific Inc shares have risen nearly 2.23% since the year began. Nevertheless, the stocks have fallen -1.25% over the past one year. While a 52-week high of $627.88 was reached on 01/30/25, a 52-week low of $493.30 was recorded on 01/02/25. SMA at 50 days reached $547.70, while 200 days put it at $570.44.
Levels Of Support And Resistance For TMO Stock
The 24-hour chart illustrates a support level at 529.62, which if violated will result in even more drops to 527.39. On the upside, there is a resistance level at 535.77. A further resistance level may holdings at 539.68. The Relative Strength Index (RSI) on the 14-day chart is 36.05, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -34.30, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 99.19%. Stochastics %K at 3.32% indicates the stock is a buying.
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 2025-01-31, growing by 0.43 million shares to a total of 3.95 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 3.52 million shares. There was a rise of 10.84%, which implies that there is a positive 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.
