The VP of Dover Corp (NYSE: DOV) is Selling Shares

By Carrie Williams

Today, the VP of Dover Corp (NYSE: DOV), Anderson Fincher, sold shares of DOV for $1.25M.

In addition to Anderson Fincher, 2 other DOV executives reported Sell trades in the last month.

Based on Dover Corp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $1.81 billion and quarterly net profit of $172 million. In comparison, last year the company earned revenue of $1.62 billion and had a net profit of $99.36 million. The company has a one year high of $82.56 and a one year low of $63.38. DOV’s market cap is $12.39B and the company has a P/E ratio of 21.47.

Four different firms, including Deutsche Bank and Goldman Sachs, currently also have a Sell rating on the stock. Based on 4 analyst ratings, the analyst consensus is Hold with an average price target of $87.33, reflecting a -6.9% downside.

Anderson Fincher’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 segments: Energy, Engineered Systems, Fluids, and Refrigeration & Food Equipment. The Energy segment services include drilling and production; bearings and compression; and automation end markets. The Engineered Systems segment comprises of platforms the printing and identification as well as industrials; and is focused on the design, manufacture, and service of critical equipment and components. The Fluids segment services involves fluid transfer and pumps end markets. The Refrigeration & Food Equipment segment provides energy equipment and systems serving the commercial refrigeration; and food service industries. The company was founded by George L. Ohrstrom in 1947 and is headquartered in Downers Grove, IL.