Danaher Corporation (DHR) : During the past 4 weeks, traders have been relatively bearish on Danaher Corporation (DHR), hence the stock is down -20.69% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.4% relative to the S&P 500. The stock has risen by 0.07% in the past week indicating that the buyers are active at lower levels, but the stock is down -17.23% in the past 4 weeks. The stock has recorded a 20-day Moving Average of 4.4% and the 50-Day Moving Average is 6.68%.
Danaher Corporation (NYSE:DHR): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $81.31 and $80.75 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $81.70. The buying momentum continued till the end and the stock did not give up its gains. It closed at $80.92, notching a gain of 0.05% for the day. The total traded volume was 2,945,984 . The stock had closed at $80.88 on the previous day.
The company Insiders own 12.6% of Danaher Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -13.81% . Institutional Investors own 78.19% of Danaher Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -12.66%. In a related news, Lalor Angela S, officer (SVP, Human Resources) of Danaher Corp /De/, unloaded 8,392 shares at an average price of $97.77 on May 12, 2016. The total amount of the transaction was worth $820,486, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Danaher Corporation (Danaher) designs, manufactures and markets professional, medical, industrial and commercial products and services. It operates in five segments: Test & Measurement; Environmental; Life Sciences & Diagnostics; Dental, and Industrial Technologies. The Test & Measurement segment offers test, measurement and monitoring products. The Environmental segment products and services help protect the global water supply, facilitate environmental stewardship and enhance the safety of personal data. The Companys diagnostics business offers analytical instruments, reagents, consumables, software and services. The Dental segment provides products that are used to diagnose, treat and prevent disease and ailments of the teeth, gums and supporting bone. The Companys Industrial Technologies solutions help protect the worlds food supply, improve packaging design and quality, verify pharmaceutical dosages and authenticity and power innovative machines.