Today, the SVP of Dover Corp (NYSE: DOV), Jay Kloosterboer, sold shares of DOV for $1.16M.
See today’s analyst top recommended stocks >>
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 $12.24B and the company has a P/E ratio of 16.15. Currently, Dover Corp has an average volume of 1.87M.
Based on 6 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $99.80, reflecting a -22.0% 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 83 insider trades in the past three months. This sentiment is slightly lower than the average sentiment of company insiders in this sector.
Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
