Large Outflow of Money Witnessed in Danaher Corporation

Shares of Danaher Corporation (NYSE:DHR) advanced to $99.53. The price had gained 0.22% or 0.22 points intraday. The latest trading session witnessed $0.66 million in upticks and $3.57 million in downticks, resulting in net money flow of (-2.92) million. The up/down ratio for the day stood at 0.18. On a weekly scale, the price has seen a change of 1.26%. From the trading data available, it was disclosed that a block trade of negative money flow worth $(-3.03) million occurred during the day. $0 million in uptick and $3.03 million in downtick were the highlight of the block transaction which had an up/down ratio of 0.


Currently 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 -12.3% . 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%. On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (SVP, Human Resources) of Danaher Corp /De/, Lalor Angela S had sold 8,392 shares worth of $820,486 in a transaction dated May 12, 2016. In this transaction, 8,392 shares were sold at $97.77 per share.

Danaher Corporation (NYSE:DHR) stock ended Monday session in the red zone in a volatile trading. The stock closed down 1.22 points or 1.23% at $98.09 with 2,315,330 shares getting traded. Post opening the session at $99.07, the shares hit an intraday low of $98.06 and an intraday high of $99.58 and the price was in this range throughout the day. The company has a market cap of $67,554 million and the number of outstanding shares have been calculated to be 688,695,450 shares. The 52-week high of Danaher Corporation (NYSE:DHR) is $100.5 and the 52-week low is $81.25.

Many analysts have stated their opinion on the company shares. Sterne Agee CRT maintains its view on Danaher Corporation (NYSE:DHR) according to the research report released by the firm to its investors. The shares have now been rated Neutral by the stock experts at the ratings house. Sterne Agee CRT raises the price target from $90 per share to $97 per share on Danaher Corporation. The rating by the firm was issued on April 25, 2016.

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.

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