Jim Cramer's Charitable Trust Exits Dover Stake, Shifts to Micron
Jim Cramer's charitable trust sold its remaining 195 shares of Dover on August 11 at approximately $211 per share, exiting the industrial stock entirely. The proceeds funded a new Micron position established earlier that morning. The Dover shares, purchased between December 2024 and July 2025, yielded an average gain of about 19%. Dover had reported mixed quarterly results on July 23, after which its shares fell from $214 to about $198. The trust held off selling until the stock rebounded, eventually exiting about $3 below the pre-earnings closing price.
A charitable trust sold its entire remaining position in industrial company Dover on August 11, disposing of 195 shares at approximately $211 per share. Following the transaction, the trust no longer holds Dover stock. The sale was made to free up capital for a new Micron position established earlier that morning. The Dover shares, purchased between December 2024 and July 2025, realized an average gain of about 19%.
Dover reported mixed quarterly results on July 23. Following the announcement, the stock fell from $214 to about $198. The trust did not sell at that time, instead planning to exit after a rebound. At the time of the sale, Dover's share price was about $3 below its pre-earnings closing price.