Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Thermo Fisher Scientific Inc shares valued at $164,444 were sold by Pettiti Gianluca on May 12 ’25. At $411.11 per share, Pettiti Gianluca sold 400 shares. The insider’s holdings dropped to 22,767 shares worth approximately $9.45 million following the completion of this transaction.
Also, Pettiti Gianluca purchased 400 shares, netting a total of over 164,444 in proceeds.
Before that, Pettiti Gianluca had sold 300 shares from its account. In a trade valued at $128,979, the Executive Vice President traded Thermo Fisher Scientific Inc shares for $429.93 each. Upon closing the transaction, the insider’s holdings decreased to 300 shares, worth approximately $9.62 million.
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 surge of approximately 2.85%. Over the course of the year, Thermo Fisher Scientific Inc shares have dropped approximately -20.20%. Shares of the company reached a 52-week high of $610.97 on 01/30/25 and a 52-week low of $390.49 on 05/15/25.
Support And Resistance Levels for Thermo Fisher Scientific Inc (TMO)
According to the 24-hour chart, there is a support level at 410.78, which, if violated, would cause prices to drop to 406.41. In the upper region, resistance lies at 422.02. The next price resistance is at 428.88. RSI (Relative Strength Index) is 52.19 on the 14-day chart, showing neutral technical sentiment.
