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Monitoring Thermo Fisher Scientific Inc (TMO) after recent insider movements

In a filing, Thermo Fisher Scientific Inc revealed its Executive Vice President Pettiti Gianluca unloaded Company’s shares for reported $0.16 million on May 12 ’25. In the deal valued at $411.11 per share,400 shares were sold. As a result of this transaction, Pettiti Gianluca now holds 22,767 shares worth roughly $9.38 million.

Then, Pettiti Gianluca bought 400 shares, generating $164,444 in total proceeds.

Before that, Pettiti Gianluca sold 300 shares. Thermo Fisher Scientific Inc shares valued at $128,979 were divested by the Executive Vice President at a price of $429.93 per share. As a result of the transaction, Pettiti Gianluca now holds 23,167 shares, worth roughly $9.55 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 1.76% to $412.06. Over the last five days, the stock has gained 2.22%. Thermo Fisher Scientific Inc shares have fallen nearly -20.79% since the year began. Nevertheless, the stocks have fallen -30.72% over the past one year. While a 52-week high of $627.88 was reached on 01/30/25, a 52-week low of $390.49 was recorded on 05/15/25. SMA at 50 days reached $459.53, while 200 days put it at $540.52.

Levels Of Support And Resistance For TMO Stock

The 24-hour chart illustrates a support level at 404.94, which if violated will result in even more drops to 397.83. On the upside, there is a resistance level at 415.90. A further resistance level may holdings at 419.75. The Relative Strength Index (RSI) on the 14-day chart is 41.99, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -9.15, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 51.52%. Stochastics %K at 31.29% indicates the stock is a holding.

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.

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