DHR: CEO Blair Rainer sold 9,007 shares at $280.00 (Jul 31), reducing holdings 11.8% to 67,218 shares
Blair Rainer, President & CEO of Danaher, sold 9,007 shares at $280.00 on 2024-07-31—near the 52-week high of $280.76—reducing his holdings by 11.8% from 76,225 to 67,218 shares. At his same-ticker history at DHR, 2 of 4 prior sales with measurable 90-day outcomes showed the stock rose post-sale (both in late April with +5.1% and +5.5% returns), indicating those sales were poorly timed. His most recent DHR sale on 2024-05-16 returned -3.8% over 30 days, a single data point insufficient to establish a pattern. Against a backdrop of annual revenue declining 24.1% year-over-year and a lofty P/E of 47.55, the CEO's sale near a peak price merits attention to underlying business momentum.