In a filing, Dover Corp revealed its SVP, General Counsel & Secr. Cabrera Ivonne M unloaded Company’s shares for reported $0.51 million on Nov 11 ’24. In the deal valued at $204.31 per share,2,500 shares were sold. As a result of this transaction, Cabrera Ivonne M now holds 56,579 shares worth roughly $10.54 million.
Then, Cabrera Ivonne M bought 2,500 shares, generating $510,636 in total proceeds.
Before that, Juneja Girish sold 1,000 shares. Dover Corp shares valued at $201,620 were divested by the Senior VP & CDO at a price of $201.62 per share. As a result of the transaction, Juneja Girish now holds 8,345 shares, worth roughly $1.55 million.
UBS initiated its Dover Corp [DOV] rating to a Neutral in a research note published on November 13, 2024; the price target was $217. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who increased its forecast for the stock in late October from “a Peer perform” to “an Outperform”. Seaport Research Partners also remained covering DOV and has increased its forecast on February 05, 2024 with a “Buy” recommendation from previously “Neutral” rating. Credit Suisse started covering the stock on December 13, 2022. It rated DOV as “an Outperform”.
Price Performance Review of DOV
On Monday, Dover Corp [NYSE:DOV] saw its stock fall -1.07% to $186.32. Over the last five days, the stock has lost -1.56%. Dover Corp shares have risen nearly 21.14% since the year began. Nevertheless, the stocks have risen 20.86% over the past one year. While a 52-week high of $208.26 was reached on 11/27/24, a 52-week low of $143.96 was recorded on 01/17/24. SMA at 50 days reached $197.15, while 200 days put it at $185.15.
Levels Of Support And Resistance For DOV Stock
The 24-hour chart illustrates a support level at 184.63, which if violated will result in even more drops to 182.95. On the upside, there is a resistance level at 188.00. A further resistance level may holdings at 189.69. The Relative Strength Index (RSI) on the 14-day chart is 27.14, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.26, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.97%. Stochastics %K at 13.85% indicates the stock is a buying.
How much short interest is there in Dover Corp?
A steep rise in short interest was recorded in Dover Corp stocks on 2024-12-13, growing by 0.2 million shares to a total of 1.33 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 1.13 million shares. There was a rise of 14.98%, which implies that there is a positive sentiment for the stock.
