Danaher Corporation (DHR) : Investors lapped up stocks on upticks to the tune of $48.05 million in the Fridays trading session. The trading value on downticks was comparatively at $32.08 million and the uptick to downtick ratio of 1.5 indicates continuous buying by the bulls. The net money flow into the stock was $15.97 million. The block trades were dominated by the bulls with a healthy 3.79, uptick to downtick ratio. Only $5.6 million worth of trades exchanged hands on downticks showing the reluctance of the large traders to part with their holdings. Upticks saw transactions worth $21.2 clearly indicating buying by large investors. The total money flow for block trades stood at $15.6 million, which is a positive for the stock in the long-term. Danaher Corporation (DHR) fell $0.25 during the day at $81.19, a drop of -0.31% over the previous days close. However, for the week, the stock is -0.01%, compared to the previous week.
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 -10.52% . Institutional Investors own 76.06% of Danaher Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -6.04%.
In a related news,The director officer (President and CEO) of Danaher Corp /De/, Joyce Thomas Patrick Jr sold 45,897 shares at $81.44 on August 1, 2016. The Insider selling transaction had a total value worth of $3,737,852. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Danaher Corporation (NYSE:DHR): stock was range-bound between the intraday low of $80.68 and the intraday high of $81.85 after having opened at $81.81 on Fridays session. The stock finally closed in the red at $81.81, a loss of -0.31%. The stock remained in the red for the whole trading day. The total traded volume was 2,390,000 shares. The stock failed to cross $81.85 in Fridays trading. The stocks closing price on Thursday was $81.44.
Danaher Corporation (DHR) : During the past 4 weeks, traders have been relatively bearish on Danaher Corporation (DHR), hence the stock is down -0.25% 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 -0.51% relative to the S&P 500. The 4-week change in the price of the stock is -0.38% and the stock has fallen -0.01% in the past 1 week.
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.