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.
Morgan Stanley initiated its Dover Corp [DOV] rating to an Equal-weight in a research note published on April 14, 2025; the price target was $185. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in mid November with a ‘”a Neutral”‘ rating. Wolfe Research also remained covering DOV and has increased its forecast on October 28, 2024 with a “an Outperform” recommendation from previously “Peer perform” rating. Seaport Research Partners revised its rating on February 05, 2024. It rated DOV as “a Buy” which previously was an “a Neutral”.
Price Performance Review of DOV
On Tuesday, Dover Corp [NYSE:DOV] saw its stock fall -0.23% to $163.28. Over the last five days, the stock has gained 8.03%. Dover Corp shares have fallen nearly -12.96% since the year began. Nevertheless, the stocks have fallen -5.10% over the past one year. While a 52-week high of $222.31 was reached on 02/04/25, a 52-week low of $143.04 was recorded on 04/07/25. SMA at 50 days reached $185.02, while 200 days put it at $188.41.
Levels Of Support And Resistance For DOV Stock
The 24-hour chart illustrates a support level at 162.03, which if violated will result in even more drops to 160.78. On the upside, there is a resistance level at 165.03. A further resistance level may holdings at 166.79. The Relative Strength Index (RSI) on the 14-day chart is 41.14, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.58, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 47.78%. Stochastics %K at 47.31% 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 2025-03-31, dropping by -0.64 million shares to a total of 1.44 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 2.09 million shares. There was a decline of -44.72%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on December 13, 2022 when Credit Suisse began covering the stock and recommended ‘”an Outperform”‘ rating along with a $171 price target.
