Dover CFO Brad Cerepak sold 14,818 shares at $175.00 on 2024-09-06, reducing holdings by -54.6% to 12,324 shares.
Brad Cerepak, Senior VP & CFO of Dover, executed a substantial sale of 14,818 shares at $175.00, representing -54.6% of his pre-transaction holdings. The sale moved DOV stock within 5.2% of its 52-week high ($191.49), and current price of $181.45 stands 3.6% above the transaction price. Examining his prior trades at Dover specifically, Cerepak's five previous sales show mixed outcomes: two with positive 90-day returns (+13.0%, +18.2%) and two with near-zero or negative 90-day returns, with a 0 out of 4 well-timed rate at the 90-day mark. His cross-ticker track record shows 6 prior sells averaging 7.9% 90-day gains and a 0.00% well-timed rate, indicating his sales have historically been followed by stock appreciation rather than declines. The company trades at a P/E of 16.63 with annual revenue growth of -0.8%, and this represents a material reduction in the insider's equity stake in the business.