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Thermo Fisher Scientific Inc. $TMO Shares Purchased by State of New Jersey Common Pension Fund D
The State of New Jersey Common Pension Fund D increased its stake in Thermo Fisher Scientific Inc. by 3.4% to 132,248 shares, valued at approximately $64.1 million. This comes after Thermo Fisher Scientific beat quarterly earnings and revenue estimates and announced a $5.0 billion share buyback program. Despite significant institutional buying, company insiders sold over 108,000 shares in the last quarter, reducing their total ownership to 0.33%.