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DuPont SVP & general counsel Erik Hoover sells $633,896 in stock

DuPont SVP & general counsel Erik Hoover sells $633,896 in stock

On November 9, 2026, Erik T. Hoover, DuPont de Nemours' Senior Vice President and General Counsel, sold 4,203 shares of the company's stock, with each share priced at $150.82. This amounted to a total transaction value of $633,896. The sale occurred after Hoover exercised non-qualified stock options, acquiring the shares at $108.84 per share, a total worth $457,454.

DuPont's shares were trading near their 52-week high of $157.98, currently at $155.14, reflecting a 30% increase year-to-date. Experts note the stock is undervalued, ranking it among the most undervalued options on the list. Hoover retained 38,797.9305 shares of DuPont post the sale. Earlier, his total beneficial ownership encompassed 43,000.9305 shares, including those acquired through dividend reinvestment.

DuPont's financials are robust, boasting a perfect Piotroski Score of 9 and a PEG ratio of 0.36, indicating promising growth potential relative to its earnings multiple. The company reported third-quarter adjusted earnings of $2.09 per share, surpassing its own guidance. Revenue for the quarter stood at $1.9 billion, marking a 4% increase from the previous year.

DuPont has consistently outperformed expectations for three consecutive quarters and has raised its full-year outlook, driven by strong performance in healthcare, water, aerospace, and industrial sectors. Analysts UBS and BMO Capital recently increased their price targets for DuPont, citing its strong margins and robust earnings per share outlook.

Wells Fargo also raised its target, valuing the company based on a 2027 enterprise value-to-EBITDA multiple. These developments highlight a consensus among analysts about DuPont's strong financial standing and future potential.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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