Today, the SVP & CFO of Dover Corp (NYSE: DOV), Brad Cerepak, sold shares of DOV for $1.52M.
In addition to Brad Cerepak, 2 other DOV executives reported Sell trades in the last month.
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Based on Dover Corp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $1.92 billion and quarterly net profit of $131 million. In comparison, last year the company earned revenue of $1.81 billion and had a net profit of $172 million. DOV’s market cap is $11.83B and the company has a P/E ratio of 15.61. Currently, Dover Corp has an average volume of 1.61M.
Based on 6 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $96.40, reflecting a -21.5% downside. Four different firms, including Deutsche Bank and Goldman Sachs, currently also have a Sell rating on the stock.
The insider sentiment on Dover Corp has been negative according to 86 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Brad Cerepak’s trades have generated a 25.7% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Dover Corp. engages in the manufacture of equipment, components, and specialty systems. It also provides supporting engineering, testing, and other similar services. It operates through the following business segments: Engineered Systems, Fluids, Refrigeration & Food Equipment, and Energy.
