Dover (DOV) Insider Makes Significant Share Sale

Thursday, February 22, 2018 10:15 PM ET

Dover (DOV) Insider Makes Significant Share Sale

There was a significant sale of shares of Dover by an insider today, as disclosed in a form 4 document filed with the SEC. One insider — Stephen Gary Kennon, Officer — sold 15,702 shares in the company having a market value of approximately $1,601,777. This is the first insider buy/sell trade in the past 90 days.

The level of buy-sell trading at Dover is near the 52 member peer company average. The Industrial Machinery & Equipment peer group saw 32 buy/sell trades during this period for an average of 0.6 transactions per company. However, the number of shares per buy/sell trade transacted by Dover insiders is higher. Within the peer group there were 11,516 shares purchased and 333,197 shares sold with company insiders having sold 10,053 shares on average.

Insider buying and selling activity that is significant has been determined by eliminating all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers in composing and writing this story.

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.

For more information, contact UpTick at Copyright 2018 UpTick Data Technologies. All rights reserved.

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