Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Dover Corp shares valued at $3,015,000 were purchased by Cerepak Brad M on Feb 06 ’25. At $208.97 per share, Cerepak Brad M acquired 14,428 shares.
Also, Cabrera Ivonne M sold 2,500 shares, netting a total of over 510,775 in proceeds. Following the sale of shares at $204.31 each, the insider now holds 56,579 shares.
Before that, Cabrera Ivonne M had added 2,500 shares to its account. In a trade valued at $510,636, the Officer bought Dover Corp shares for $204.25 each.
As published in their initiating research note from UBS on November 13, 2024, Dover Corp [DOV] has been a Neutral and the price target has been revised to $217. Analysts at Wolfe Research upgraded the stock from ‘”a Peer perform”‘ to ‘”an Outperform”‘ outlook in a report released in late October. As of February 05, 2024, Seaport Research Partners has increased its “Neutral” rating to a “Buy” for DOV. Earlier on December 13, 2022, Credit Suisse initiated its rating. Their recommendation was “an Outperform” for DOV stock.
Analyzing DOV Stock Performance
During the last five days, there has been a surge of approximately 2.67%. Over the course of the year, Dover Corp shares have jumped approximately 10.04%. Shares of the company reached a 52-week high of $222.31 on 02/04/25 and a 52-week low of $182.75 on 01/10/25. A 50-day SMA is recorded $196.43, while a 200-day SMA reached $188.96. Nevertheless, trading volume fell to 1.11 million shares from 0.78 million shares the previous day.
Support And Resistance Levels for Dover Corp (DOV)
According to the 24-hour chart, there is a support level at 204.03, which, if violated, would cause prices to drop to 201.62. In the upper region, resistance lies at 208.06. The next price resistance is at 209.68. RSI (Relative Strength Index) is 64.01 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.00, which suggests the price will increase in the coming days. Percent R is at 66.84%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
