In a filing, Dover Corp revealed its Officer Cerepak Brad M acquired Company’s shares for reported $3.02 million on Feb 06 ’25. In the deal valued at $208.97 per share,14,428 shares were bought.
Then, Cabrera Ivonne M sold 2,500 shares, generating $510,775 in total proceeds. Upon selling the shares at $204.31, the SVP, General Counsel & Secr. now owns 56,579 shares.
Before that, Cabrera Ivonne M bought 2,500 shares. Dover Corp shares valued at $510,636 were divested by the Officer at a price of $204.25 per share.
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 jump 0.49% to $203.54. Over the last five days, the stock has gained 0.62%. Dover Corp shares have risen nearly 8.50% since the year began. Nevertheless, the stocks have risen 26.84% over the past one year. While a 52-week high of $222.31 was reached on 02/04/25, a 52-week low of $158.19 was recorded on 01/10/25. SMA at 50 days reached $196.57, while 200 days put it at $188.06.
Levels Of Support And Resistance For DOV Stock
The 24-hour chart illustrates a support level at 201.91, which if violated will result in even more drops to 200.27. On the upside, there is a resistance level at 204.59. A further resistance level may holdings at 205.63. The Relative Strength Index (RSI) on the 14-day chart is 61.26, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.31, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 66.86%. Stochastics %K at 33.66% indicates the stock is a holding.
How much short interest is there in Dover Corp?
A steep rise in short interest was recorded in Dover Corp stocks on 2025-01-15, growing by 0.23 million shares to a total of 1.56 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 1.33 million shares. There was a rise of 14.89%, which implies that there is a positive sentiment for the stock.
