Dell Technologies Inc. (NYSE:DELL) Director Sells $995,354.64 in Stock

Dell Technologies Inc. (NYSE:DELL - Get Free Report) Director V (Gp) L.L.C. Slta sold 8,722 shares of the company's stock in a transaction on Wednesday, June 11th. The shares were sold at an average price of $114.12, for a total value of $995,354.64. Following the sale, the director now owns 877,339 shares of the company's stock, valued at approximately $100,121,926.68. This trade represents a 0.98% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

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

• 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 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

NYSE DELL traded up $2.09 on Thursday, reaching $113.33. 5,595,291 shares of the stock traded hands, compared to its average volume of 9,389,986. Dell Technologies Inc. has a 12 month low of $66.25 and a 12 month high of $161.52. The company has a fifty day moving average price of $98.68 and a 200-day moving average price of $105.94. The company has a market cap of $79.09 billion, a price-to-earnings ratio of 20.02, a PEG ratio of 1.10 and a beta of 1.01.

Dell Technologies (NYSE:DELL - Get Free Report) last posted its quarterly earnings data on Thursday, May 29th. The technology company reported $1.55 earnings per share for the quarter, missing analysts' consensus estimates of $1.68 by ($0.13). The business had revenue of $23.38 billion during the quarter, compared to analyst estimates of $23.17 billion. Dell Technologies had a negative return on equity of 191.91% and a net margin of 4.36%. The firm's revenue for the quarter was up 5.1% compared to the same quarter last year. During the same period in the previous year, the business earned $1.27 EPS. As a group, research analysts anticipate that Dell Technologies Inc. will post 6.93 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have commented on the company. TD Cowen upped their price target on Dell Technologies from $120.00 to $125.00 and gave the stock a "hold" rating in a research report on Friday, May 30th. UBS Group dropped their price target on Dell Technologies from $150.00 to $145.00 and set a "buy" rating for the company in a research note on Friday, May 30th. OTR Global raised Dell Technologies from a "negative" rating to a "positive" rating in a research note on Wednesday, February 12th. Evercore ISI reaffirmed an "outperform" rating on shares of Dell Technologies in a research note on Thursday, May 29th. Finally, The Goldman Sachs Group lowered their price objective on Dell Technologies from $165.00 to $145.00 and set a "buy" rating for the company in a research note on Monday, March 3rd. Three analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $138.00.

Institutional Trading of Dell Technologies

Several large investors have recently added to or reduced their stakes in the company. Empowered Funds LLC lifted its holdings in shares of Dell Technologies by 12.9% in the 4th quarter. Empowered Funds LLC now owns 30,388 shares of the technology company's stock valued at $3,502,000 after buying an additional 3,470 shares during the period. Rhumbline Advisers grew its position in Dell Technologies by 4.0% in the fourth quarter. Rhumbline Advisers now owns 635,264 shares of the technology company's stock worth $73,208,000 after acquiring an additional 24,205 shares during the period. G&S Capital LLC grew its position in Dell Technologies by 95.9% in the fourth quarter. G&S Capital LLC now owns 21,785 shares of the technology company's stock worth $2,511,000 after acquiring an additional 10,666 shares during the period. State of New Jersey Common Pension Fund D lifted its stake in Dell Technologies by 10.6% during the fourth quarter. State of New Jersey Common Pension Fund D now owns 116,295 shares of the technology company's stock worth $13,402,000 after purchasing an additional 11,155 shares in the last quarter. Finally, Sawgrass Asset Management LLC lifted its stake in Dell Technologies by 17.1% during the fourth quarter. Sawgrass Asset Management LLC now owns 17,254 shares of the technology company's stock worth $1,988,000 after purchasing an additional 2,518 shares in the last quarter. Hedge funds and other institutional investors own 76.37% of the company's stock.

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).