V (Gp) L.L.C. Slta Sells 3,900 Shares of Dell Technologies Inc. (NYSE:DELL) Stock

Dell Technologies Inc. (NYSE:DELL - Get Free Report) Director V (Gp) L.L.C. Slta sold 3,900 shares of the company's stock in a transaction on Wednesday, July 16th. The shares were sold at an average price of $125.29, for a total value of $488,631.00. Following the transaction, the director directly owned 980,295 shares in the company, valued at $122,821,160.55. The trade was a 0.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link.

V (Gp) L.L.C. Slta also recently made the following trade(s):

• On Thursday, July 17th, V (Gp) L.L.C. Slta sold 6,086 shares of Dell Technologies stock. The shares were sold at an average price of $123.50, for a total value of $751,621.00.
• 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 value of $21,812,331.00.
• 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 value of $59,482,509.21.
• On Wednesday, June 11th, V (Gp) L.L.C. Slta sold 8,722 shares of Dell Technologies stock. The stock was sold at an average price of $114.12, for a total value of $995,354.64.
• On Monday, June 9th, V (Gp) L.L.C. Slta sold 453,321 shares of Dell Technologies stock. The stock was sold at an average price of $114.99, for a total value 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 value of $35,424,786.29.

Dell Technologies Stock Performance

DELL stock traded up $7.20 during midday trading on Friday, hitting $131.08. 11,017,744 shares of the company's stock were exchanged, compared to its average volume of 8,513,638. The company has a market cap of $88.98 billion, a PE ratio of 20.91, a price-to-earnings-growth ratio of 1.14 and a beta of 1.02. The stock's fifty day moving average price is $116.62 and its 200-day moving average price is $105.88. Dell Technologies Inc. has a one year low of $66.25 and a one year high of $147.66.

Dell Technologies (NYSE:DELL - Get Free Report) last released its earnings results on Thursday, May 29th. The technology company reported $1.55 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.68 by ($0.13). The company had revenue of $23.38 billion during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.27 EPS. On average, analysts expect that Dell Technologies Inc. will post 6.93 EPS for the current year.

Dell Technologies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 1st. Stockholders of record on Tuesday, July 22nd will be given a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 1.60%. The ex-dividend date of this dividend is Tuesday, July 22nd. Dell Technologies's payout ratio is 33.49%.

Hedge Funds Weigh In On Dell Technologies

Institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Capital Wealth Advisors boosted its stake in shares of Dell Technologies by 5.9% in the fourth quarter. Vanguard Capital Wealth Advisors now owns 1,800 shares of the technology company's stock valued at $207,000 after buying an additional 100 shares during the period. Cary Street Partners Financial LLC boosted its stake in shares of Dell Technologies by 2.7% in the first quarter. Cary Street Partners Financial LLC now owns 4,335 shares of the technology company's stock valued at $395,000 after buying an additional 116 shares during the period. OneAscent Financial Services LLC lifted its stake in Dell Technologies by 3.4% during the first quarter. OneAscent Financial Services LLC now owns 3,778 shares of the technology company's stock worth $345,000 after purchasing an additional 125 shares during the last quarter. MRP Capital Investments LLC boosted its holdings in shares of Dell Technologies by 0.8% in the 1st quarter. MRP Capital Investments LLC now owns 14,975 shares of the technology company's stock valued at $1,365,000 after purchasing an additional 125 shares in the last quarter. Finally, Cantor Fitzgerald Investment Advisors L.P. lifted its stake in shares of Dell Technologies by 1.2% in the 2nd quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 10,762 shares of the technology company's stock valued at $1,319,000 after acquiring an additional 125 shares during the last quarter. Institutional investors and hedge funds own 76.37% of the company's stock.

Analyst Ratings Changes

Several research analysts have weighed in on the company. KeyCorp assumed coverage on Dell Technologies in a research report on Thursday, June 26th. They issued a "sector weight" rating on the stock. JPMorgan Chase & Co. upped their price target on Dell Technologies from $125.00 to $145.00 and gave the stock an "overweight" rating in a research note on Thursday. Wall Street Zen downgraded Dell Technologies from a "buy" rating to a "hold" rating in a research note on Monday. Raymond James Financial upped their price target on Dell Technologies from $144.00 to $150.00 and gave the stock an "outperform" rating in a research note on Friday, May 30th. Finally, Barclays upped their price target on Dell Technologies from $116.00 to $123.00 and gave the stock an "equal weight" rating in a research note on Friday, May 30th. Five investment analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $140.06.

About Dell Technologies

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).