The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Thermo Fisher Scientific Inc shares valued at $4,160,151 were purchased by CASPER MARC N on Mar 05 ’25. At $520.02 per share, CASPER MARC N acquired 8,000 shares.
Also, Shafer Michael D sold 1,780 shares, netting a total of over 945,038 in proceeds. Following the sale of shares at $530.92 each, the insider now holds 19,279 shares.
Before that, CASPER MARC N had added 10,000 shares to its account. In a trade valued at $5,230,200, the Officer bought Thermo Fisher Scientific Inc shares for $523.02 each.
As published in a research note from Bernstein on January 10, 2025, Thermo Fisher Scientific Inc [TMO] has been rated up from a Mkt perform to an Outperform and the price target has been revised to $630. Analysts at Scotiabank started covering the stock with ‘”a Sector perform”‘ outlook in a report released in late December. As of October 14, 2024, Redburn Atlantic has initiated its “Buy” rating for TMO. Earlier on October 01, 2024, Stephens initiated its rating. Their recommendation was “an Overweight” for TMO stock.
Analyzing TMO Stock Performance
During the last five days, there has been a drop of approximately -1.71%. Over the course of the year, Thermo Fisher Scientific Inc shares have jumped approximately 0.76%. Shares of the company reached a 52-week high of $610.97 on 01/30/25 and a 52-week low of $512.16 on 03/05/25. A 50-day SMA is recorded $547.72, while a 200-day SMA reached $567.37.
Support And Resistance Levels for Thermo Fisher Scientific Inc (TMO)
According to the 24-hour chart, there is a support level at 515.93, which, if violated, would cause prices to drop to 507.67. In the upper region, resistance lies at 528.68. The next price resistance is at 533.17. RSI (Relative Strength Index) is 40.78 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -8.09, which suggests the price will decrease in the coming days. Percent R is at 62.03%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
