Insiders at Dover (DOV) Make Significant Stock Sales Extends the Trend of Last Quarter

Thursday, October 26, 2017 10:15 PM ET

Insiders at Dover (DOV) Make Significant Stock Sales Extends the Trend of Last Quarter

Two insiders — William Spurgeon, Officer, and Paul Goldberg, Officer — sold 10,954 shares of Dover having a market value of approximately $1,043,303, today, as revealed in form 4 documents filed with the SEC. In the past 90 days prior to this transaction there was one insider buy/sell transaction which resulted in the sale of 66,505 shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 77,459 shares and have averaged 25,820 shares per transaction over this time period.

The number of insider buy/sell trades at Dover is higher than that of the 52 peer company average over the last 90-day period. The Industrial Machinery & Equipment peer group saw 35 buy/sell trades during this period for an average of 0.7 transactions per company. However, the number of shares traded per transaction by Dover insiders is lower than its peers. Within the peer group there were 80,799 shares purchased and 7,793,639 shares sold with company insiders having sold 220,367 shares on average over this time period.

In determining significant insider buying and selling, trades reported to the SEC that involve awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers have been eliminated in data obtained to create and write this story.

Today’s Insider Activity
* William Spurgeon, Officer, sold 6,554 shares
* Paul Goldberg, Officer, sold 4,400 shares

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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