Virtue Capital Management LLC Purchases Shares of 3,582 Dell Technologies Inc. (NYSE:DELL)

Virtue Capital Management LLC purchased a new stake in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 3,582 shares of the technology company's stock, valued at approximately $413,000.

Several other large investors have also made changes to their positions in DELL. Heck Capital Advisors LLC purchased a new stake in Dell Technologies in the 4th quarter worth $624,000. B. Riley Wealth Advisors Inc. lifted its position in shares of Dell Technologies by 1.6% in the fourth quarter. B. Riley Wealth Advisors Inc. now owns 22,422 shares of the technology company's stock worth $2,584,000 after buying an additional 344 shares in the last quarter. Armis Advisers LLC bought a new position in Dell Technologies during the fourth quarter valued at approximately $258,000. Putney Financial Group LLC purchased a new position in Dell Technologies during the 4th quarter valued at approximately $210,000. Finally, Mackenzie Financial Corp increased its stake in Dell Technologies by 17.7% in the 4th quarter. Mackenzie Financial Corp now owns 77,028 shares of the technology company's stock worth $8,877,000 after acquiring an additional 11,569 shares during the last quarter. 76.37% of the stock is currently owned by hedge funds and other institutional investors.

Dell Technologies Trading Down 0.2%

Shares of Dell Technologies stock traded down $0.18 during trading on Thursday, hitting $113.60. 13,594,216 shares of the stock traded hands, compared to its average volume of 10,182,695. Dell Technologies Inc. has a 52-week low of $66.25 and a 52-week high of $179.70. The firm has a market cap of $79.27 billion, a P/E ratio of 20.07, a price-to-earnings-growth ratio of 1.10 and a beta of 0.99. The stock's fifty day simple moving average is $94.47 and its 200 day simple moving average is $107.62.

Analyst Ratings Changes

DELL has been the subject of a number of recent research reports. Wells Fargo & Company cut their target price on shares of Dell Technologies from $160.00 to $150.00 and set an "overweight" rating for the company in a report on Friday, February 28th. JPMorgan Chase & Co. decreased their price objective on Dell Technologies from $150.00 to $108.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. Bank of America cut their target price on Dell Technologies from $155.00 to $150.00 and set a "buy" rating on the stock in a research report on Tuesday, February 18th. Mizuho raised their price target on Dell Technologies from $140.00 to $145.00 and gave the stock an "outperform" rating in a research report on Monday, May 19th. Finally, Citigroup boosted their price objective on shares of Dell Technologies from $105.00 to $128.00 and gave the company a "buy" rating in a research report on Friday, May 16th. Three equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $135.82.

Insider Transactions at Dell Technologies

In other news, CFO Yvonne Mcgill sold 8,000 shares of Dell Technologies stock in a transaction that occurred on Wednesday, May 14th. The shares were sold at an average price of $110.80, for a total value of $886,400.00. Following the transaction, the chief financial officer now owns 245,804 shares of the company's stock, valued at $27,235,083.20. The trade was a 3.15% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Brunilda Rios sold 926 shares of Dell Technologies stock in a transaction on Friday, March 28th. The stock was sold at an average price of $93.29, for a total transaction of $86,386.54. Following the completion of the transaction, the chief accounting officer now directly owns 37,948 shares in the company, valued at $3,540,168.92. This represents a 2.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 46.70% of the company's stock.

Dell Technologies Company Profile

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).