Brucke Financial Inc. Buys Shares of 2,295 Dell Technologies Inc. (NYSE:DELL)

Brucke Financial Inc. acquired a new stake in Dell Technologies Inc. (NYSE:DELL - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 2,295 shares of the technology company's stock, valued at approximately $264,000.

Other institutional investors have also recently bought and sold shares of the company. Virtue Capital Management LLC bought a new stake in shares of Dell Technologies in the fourth quarter valued at about $413,000. Heck Capital Advisors LLC acquired a new stake in Dell Technologies in the fourth quarter valued at about $624,000. B. Riley Wealth Advisors Inc. raised its position in shares of Dell Technologies by 1.6% during the fourth quarter. B. Riley Wealth Advisors Inc. now owns 22,422 shares of the technology company's stock worth $2,584,000 after acquiring an additional 344 shares during the last quarter. Armis Advisers LLC bought a new stake in Dell Technologies during the fourth quarter valued at $258,000. Finally, Putney Financial Group LLC acquired a new stake in shares of Dell Technologies in the 4th quarter valued at about $210,000. Institutional investors own 76.37% of the company's stock.

Dell Technologies Price Performance

Shares of DELL traded down $0.50 during trading hours on Thursday, reaching $113.28. 5,990,715 shares of the company's stock traded hands, compared to its average volume of 10,152,181. The business's fifty day simple moving average is $94.47 and its two-hundred day simple moving average is $107.62. Dell Technologies Inc. has a twelve month low of $66.25 and a twelve month high of $179.70. The firm has a market capitalization of $79.05 billion, a price-to-earnings ratio of 19.99, a P/E/G ratio of 1.10 and a beta of 0.99.

Analyst Ratings Changes

A number of research firms have issued reports on DELL. The Goldman Sachs Group cut their price target 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. Raymond James upped their price objective on shares of Dell Technologies from $139.00 to $144.00 and gave the company an "outperform" rating in a research note on Tuesday, May 13th. Barclays upped their price target on Dell Technologies from $115.00 to $116.00 and gave the stock an "equal weight" rating in a research note on Friday, February 28th. Wells Fargo & Company decreased their price target on shares of Dell Technologies from $160.00 to $150.00 and set an "overweight" rating on the stock in a research report on Friday, February 28th. Finally, Evercore ISI reaffirmed an "outperform" rating on shares of Dell Technologies in a research note on Thursday. Three investment analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $135.82.

Insider Transactions at Dell Technologies

In related news, CAO Brunilda Rios sold 926 shares of the firm's stock in a transaction dated Friday, March 28th. The stock was sold at an average price of $93.29, for a total value of $86,386.54. Following the transaction, the chief accounting officer now owns 37,948 shares in the company, valued at $3,540,168.92. This trade represents a 2.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Yvonne Mcgill sold 8,000 shares of the firm's stock in a transaction dated Wednesday, May 14th. The stock was sold at an average price of $110.80, for a total value of $886,400.00. Following the sale, the chief financial officer now directly owns 245,804 shares in the company, valued at approximately $27,235,083.20. This represents a 3.15% decrease in their position. 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).