Dell Technologies Inc. (NYSE:DELL) Shares Sold by Cwm LLC

CWM LLC lowered its position in Dell Technologies Inc. (NYSE:DELL - Free Report) by 18.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,105 shares of the technology company's stock after selling 4,045 shares during the period. CWM LLC's holdings in Dell Technologies were worth $1,650,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of DELL. Brighton Jones LLC increased its holdings in Dell Technologies by 42.7% in the 4th quarter. Brighton Jones LLC now owns 3,011 shares of the technology company's stock worth $347,000 after acquiring an additional 901 shares during the last quarter. Proficio Capital Partners LLC purchased a new position in Dell Technologies in the 4th quarter valued at approximately $237,000. Creative Financial Designs Inc. ADV grew its stake in Dell Technologies by 144.4% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 457 shares of the technology company's stock valued at $53,000 after buying an additional 270 shares in the last quarter. Axxcess Wealth Management LLC grew its position in shares of Dell Technologies by 6.8% in the fourth quarter. Axxcess Wealth Management LLC now owns 3,105 shares of the technology company's stock valued at $358,000 after purchasing an additional 198 shares in the last quarter. Finally, Thrivent Financial for Lutherans grew its position in shares of Dell Technologies by 6.1% in the fourth quarter. Thrivent Financial for Lutherans now owns 14,868 shares of the technology company's stock valued at $1,713,000 after purchasing an additional 860 shares in the last quarter. 76.37% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

DELL has been the subject of several research reports. Citigroup upped their target price on shares of Dell Technologies from $128.00 to $135.00 and gave the stock a "buy" rating in a research report on Friday, May 30th. KeyCorp began coverage on Dell Technologies in a research note on Thursday, June 26th. They issued a "sector weight" rating for the company. Raymond James Financial upped their target price on Dell Technologies from $144.00 to $150.00 and gave the stock an "outperform" rating in a research note on Friday, May 30th. Mizuho upped their price objective on shares of Dell Technologies from $140.00 to $145.00 and gave the company an "outperform" rating in a research note on Monday, May 19th. Finally, Wall Street Zen cut shares of Dell Technologies from a "buy" rating to a "hold" rating in a research note on Monday, July 14th. Five investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $140.06.

Insider Buying and Selling

In related news, CAO Brunilda Rios sold 6,000 shares of the company's stock in a transaction dated Thursday, June 26th. The shares were sold at an average price of $126.29, for a total value of $757,740.00. Following the completion of the sale, the chief accounting officer directly owned 18,948 shares of the company's stock, valued at $2,392,942.92. This represents a 24.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Iv (Gp) L.L.C. Slta sold 600,000 shares of the company's stock in a transaction on Thursday, July 10th. The stock was sold at an average price of $127.56, for a total value of $76,536,000.00. Following the sale, the director owned 980,295 shares of the company's stock, valued at $125,046,430.20. This trade represents a 37.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 12,897,063 shares of company stock worth $1,570,909,812 over the last 90 days. Corporate insiders own 42.00% of the company's stock.

Dell Technologies Trading Up 5.8%

Dell Technologies stock traded up $7.20 during midday trading on Friday, hitting $131.08. The stock had a trading volume of 11,017,744 shares, compared to its average volume of 8,515,424. The firm's fifty day moving average is $117.32 and its two-hundred day moving average is $105.93. The company has a market capitalization of $88.98 billion, a PE ratio of 20.91, a P/E/G ratio of 1.21 and a beta of 1.02. Dell Technologies Inc. has a 52-week low of $66.25 and a 52-week high of $147.66.

Dell Technologies (NYSE:DELL - Get Free Report) last posted its earnings results 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 analysts' expectations of $23.17 billion. Dell Technologies had a net margin of 4.63% and a negative return on equity of 226.48%. The company's revenue for the quarter was up 5.1% compared to the same quarter last year. During the same period last year, the business posted $1.27 earnings per share. As a group, equities research analysts predict that Dell Technologies Inc. will post 6.93 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

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

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).