Dell Technologies Inc. (NYSE:DELL - Get Free Report) Director V (Gp) L.L.C. Slta sold 6,086 shares of the firm's stock in a transaction dated Thursday, July 17th. The shares were sold at an average price of $123.50, for a total transaction of $751,621.00. Following the transaction, the director directly owned 986,261 shares in the company, valued at $121,803,233.50. The trade was a 0.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
V (Gp) L.L.C. Slta also recently made the following trade(s):
- On Tuesday, July 15th, V (Gp) L.L.C. Slta sold 173,100 shares of Dell Technologies stock. The shares were sold at an average price of $126.01, for a total transaction of $21,812,331.00.
- On Wednesday, July 16th, V (Gp) L.L.C. Slta sold 3,900 shares of Dell Technologies stock. The shares were sold at an average price of $125.29, for a total transaction of $488,631.00.
- On Thursday, June 12th, V (Gp) L.L.C. Slta sold 527,187 shares of Dell Technologies stock. The shares were sold at an average price of $112.83, for a total transaction of $59,482,509.21.
- On Wednesday, June 11th, V (Gp) L.L.C. Slta sold 8,722 shares of Dell Technologies stock. The shares were sold at an average price of $114.12, for a total transaction of $995,354.64.
- On Monday, June 9th, V (Gp) L.L.C. Slta sold 453,321 shares of Dell Technologies stock. The shares were sold at an average price of $114.99, for a total transaction of $52,127,381.79.
- On Tuesday, June 10th, V (Gp) L.L.C. Slta sold 310,771 shares of Dell Technologies stock. The stock was sold at an average price of $113.99, for a total transaction of $35,424,786.29.
Dell Technologies Stock Up 0.2%
NYSE:DELL traded up $0.30 during mid-day trading on Thursday, hitting $123.87. 3,760,913 shares of the stock traded hands, compared to its average volume of 8,544,971. The business's 50-day moving average price is $116.07 and its 200 day moving average price is $105.82. The company has a market cap of $84.09 billion, a PE ratio of 19.76, a price-to-earnings-growth ratio of 1.16 and a beta of 1.02. Dell Technologies Inc. has a 12-month low of $66.25 and a 12-month high of $147.66.
Dell Technologies (NYSE:DELL - Get Free Report) last issued its quarterly earnings data on Thursday, May 29th. The technology company reported $1.55 EPS for the quarter, missing the consensus estimate of $1.68 by ($0.13). The firm had revenue of $23.38 billion for the quarter, compared to analysts' expectations of $23.17 billion. Dell Technologies had a net margin of 4.63% and a negative return on equity of 226.48%. Dell Technologies's revenue was up 5.1% on a year-over-year basis. During the same period in the prior year, the firm posted $1.27 EPS. Analysts anticipate that Dell Technologies Inc. will post 6.93 earnings per share for the current fiscal year.
Dell Technologies Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 1st. Investors of record on Tuesday, July 22nd will be paid a dividend of $0.525 per share. The ex-dividend date is Tuesday, July 22nd. This represents a $2.10 annualized dividend and a yield of 1.70%. Dell Technologies's dividend payout ratio is currently 33.49%.
Wall Street Analyst Weigh In
DELL has been the subject of a number of research analyst reports. JPMorgan Chase & Co. raised their price objective on shares of Dell Technologies from $125.00 to $145.00 and gave the stock an "overweight" rating in a report on Thursday. Mizuho raised their price objective on shares of Dell Technologies from $140.00 to $145.00 and gave the stock an "outperform" rating in a report on Monday, May 19th. Citigroup raised their price objective on shares of Dell Technologies from $128.00 to $135.00 and gave the stock a "buy" rating in a report on Friday, May 30th. Evercore ISI restated an "outperform" rating on shares of Dell Technologies in a report on Thursday, May 29th. Finally, Morgan Stanley raised their price objective on shares of Dell Technologies from $89.00 to $126.00 and gave the stock an "overweight" rating in a report on Wednesday, May 21st. Five investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $139.18.
Check Out Our Latest Stock Analysis on Dell Technologies
Institutional Investors Weigh In On Dell Technologies
Hedge funds have recently bought and sold shares of the stock. Exchange Traded Concepts LLC lifted its position in Dell Technologies by 25.9% during the first quarter. Exchange Traded Concepts LLC now owns 2,460 shares of the technology company's stock valued at $224,000 after purchasing an additional 506 shares during the last quarter. Wealthcare Advisory Partners LLC lifted its holdings in shares of Dell Technologies by 44.9% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 2,612 shares of the technology company's stock worth $238,000 after acquiring an additional 809 shares during the last quarter. Mather Group LLC. lifted its holdings in shares of Dell Technologies by 113.3% in the 1st quarter. Mather Group LLC. now owns 1,043 shares of the technology company's stock worth $95,000 after acquiring an additional 554 shares during the last quarter. Golden State Wealth Management LLC lifted its holdings in shares of Dell Technologies by 54.6% in the 1st quarter. Golden State Wealth Management LLC now owns 4,411 shares of the technology company's stock worth $402,000 after acquiring an additional 1,558 shares during the last quarter. Finally, Geode Capital Management LLC lifted its holdings in shares of Dell Technologies by 8.7% in the 4th quarter. Geode Capital Management LLC now owns 6,870,042 shares of the technology company's stock worth $789,680,000 after acquiring an additional 552,213 shares during the last quarter. 76.37% of the stock is currently owned by institutional investors.
About Dell Technologies
(
Get Free Report)
Dell Technologies Inc designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally. The company operates through two segments, Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG).
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