Dell Technologies (NYSE:DELL) Stock Price Down 1.1% - Should You Sell?

Dell Technologies Inc. (NYSE:DELL - Get Free Report)'s share price fell 1.1% during trading on Monday . The company traded as low as $123.78 and last traded at $125.50. 866,161 shares traded hands during mid-day trading, a decline of 90% from the average session volume of 8,587,176 shares. The stock had previously closed at $126.83.

Analyst Upgrades and Downgrades

DELL has been the topic of several research reports. Raymond James Financial upped their target price on Dell Technologies from $144.00 to $150.00 and gave the company an "outperform" rating in a research report on Friday, May 30th. Evercore ISI reaffirmed an "outperform" rating on shares of Dell Technologies in a report on Thursday, May 29th. Morgan Stanley increased their price target on Dell Technologies from $89.00 to $126.00 and gave the company an "overweight" rating in a research note on Wednesday, May 21st. JPMorgan Chase & Co. increased their price target on Dell Technologies from $111.00 to $125.00 and gave the company an "overweight" rating in a research note on Friday, May 30th. Finally, 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. Five analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company's stock. According to MarketBeat, Dell Technologies has an average rating of "Moderate Buy" and a consensus target price of $138.00.

Dell Technologies Price Performance

The stock has a market cap of $85.29 billion, a P/E ratio of 20.04, a PEG ratio of 1.17 and a beta of 1.02. The firm's fifty day moving average price is $114.88 and its two-hundred day moving average price is $105.56.

Dell Technologies (NYSE:DELL - Get Free Report) last posted its quarterly earnings results on Thursday, May 29th. The technology company reported $1.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.68 by ($0.13). Dell Technologies had a net margin of 4.63% and a negative return on equity of 226.48%. The business had revenue of $23.38 billion for the quarter, compared to analysts' expectations of $23.17 billion. During the same quarter in the previous year, the company earned $1.27 earnings per share. The business's quarterly revenue was up 5.1% on a year-over-year basis. On average, research analysts expect that Dell Technologies Inc. will post 6.93 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 1st. Shareholders of record on Tuesday, July 22nd will be paid a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 1.67%. The ex-dividend date is Tuesday, July 22nd. Dell Technologies's dividend payout ratio is 33.49%.

Insider Buying and Selling at Dell Technologies

In other Dell Technologies news, CEO Michael S. Dell sold 10,000,000 shares of the firm's stock in a transaction that occurred on Thursday, June 26th. The shares were sold at an average price of $122.27, for a total transaction of $1,222,700,000.00. Following the completion of the transaction, the chief executive officer owned 25,912,241 shares of the company's stock, valued at approximately $3,168,289,707.07. This trade represents a 27.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director V (Gp) L.L.C. Slta sold 527,187 shares of the firm's stock in a transaction that occurred on Thursday, June 12th. The shares were sold at an average price of $112.83, for a total transaction of $59,482,509.21. Following the sale, the director directly owned 938,741 shares of the company's stock, valued at $105,918,147.03. This trade represents a 35.96% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 12,713,977 shares of company stock valued at $1,547,857,229. 42.00% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Dell Technologies

Large investors have recently added to or reduced their stakes in the stock. Bellwether Advisors LLC purchased a new position in shares of Dell Technologies during the 4th quarter valued at $25,000. Smallwood Wealth Investment Management LLC purchased a new position in shares of Dell Technologies during the 1st quarter valued at $25,000. Lee Danner & Bass Inc. purchased a new position in shares of Dell Technologies during the 4th quarter valued at $26,000. N.E.W. Advisory Services LLC bought a new stake in Dell Technologies in the 1st quarter valued at $26,000. Finally, Cheviot Value Management LLC bought a new stake in Dell Technologies in the 1st quarter valued at $27,000. 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).