Thermo Fisher Scientific Inc’s recently made public that its Officer Lowery Frederick M. acquired Company’s shares for reported $9.73 million on Feb 24 ’25. In the deal valued at $531.81 per share,18,300 shares were bought.
Then, Chai Nelson bought 16 shares, generating $8,894 in total proceeds. Upon buying the shares at $555.89, the Director now owns 14,264 shares.
Before that, Chai Nelson bought 4 shares. Thermo Fisher Scientific Inc shares valued at $2,144 were divested by the Director at a price of $535.93 per share. As a result of the transaction, Chai Nelson now holds 14,268 shares, worth roughly $7.64 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 jump 0.56% to $535.55. Over the last five days, the stock has gained 0.70%. Thermo Fisher Scientific Inc shares have risen nearly 2.94% since the year began. Nevertheless, the stocks have fallen -3.13% 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 $547.88, while 200 days put it at $569.44.
Levels Of Support And Resistance For TMO Stock
The 24-hour chart illustrates a support level at 530.37, which if violated will result in even more drops to 525.18. On the upside, there is a resistance level at 542.18. A further resistance level may holdings at 548.80. The Relative Strength Index (RSI) on the 14-day chart is 41.84, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -12.38, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 78.36%. Stochastics %K at 19.40% indicates the stock is a buying.
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.
