The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Dover Corp shares valued at $526,000 were purchased by Cerepak Brad M on Apr 16 ’25. At $162.95 per share, Cerepak Brad M acquired 3,228 shares.
Also, Cerepak Brad M purchased 14,428 shares, netting a total of over 3,015,000 in proceeds.
Before that, Cabrera Ivonne M had sold 2,500 shares from its account. In a trade valued at $510,775, the SVP, General Counsel & Secr. traded Dover Corp shares for $204.31 each. Upon closing the transaction, the insider’s holdings decreased to 2,500 shares, worth approximately $9.61 million.
As published in their initiating research note from Morgan Stanley on April 14, 2025, Dover Corp [DOV] has been an Equal-weight and the price target has been revised to $185. Analysts at UBS started covering the stock with ‘”a Neutral”‘ outlook in a report released in mid November. As of October 28, 2024, Wolfe Research has increased its “Peer perform” rating to a “an Outperform” for DOV. Earlier on February 05, 2024, Seaport Research Partners upgraded its rating. Their new recommendation was “a Buy” for DOV stock which previously was a “a Neutral”.
Analyzing DOV Stock Performance
During the last five days, there has been a surge of approximately 0.05%. Over the course of the year, Dover Corp shares have dropped approximately -9.48%. Shares of the company reached a 52-week high of $222.31 on 02/04/25 and a 52-week low of $143.04 on 04/07/25. A 50-day SMA is recorded $176.89, while a 200-day SMA reached $187.71.
Support And Resistance Levels for Dover Corp (DOV)
According to the 24-hour chart, there is a support level at 168.72, which, if violated, would cause prices to drop to 167.64. In the upper region, resistance lies at 171.85. The next price resistance is at 173.90. RSI (Relative Strength Index) is 50.47 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 4.53, which suggests the price will increase in the coming days. Percent R is at 17.28%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
