Yousif Capital Management LLC Increases Stake in Dell Technologies Inc. (NYSE:DELL)

Yousif Capital Management LLC lifted its stake in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 9.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 37,588 shares of the technology company's stock after buying an additional 3,163 shares during the period. Yousif Capital Management LLC's holdings in Dell Technologies were worth $3,426,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the company. Bellwether Advisors LLC acquired a new stake in shares of Dell Technologies during the 4th quarter worth approximately $25,000. Vision Financial Markets LLC purchased a new position in Dell Technologies in the 4th quarter worth approximately $26,000. Lee Danner & Bass Inc. acquired a new position in Dell Technologies during the fourth quarter worth $26,000. Stonebridge Financial Group LLC purchased a new stake in shares of Dell Technologies in the fourth quarter valued at about $37,000. Finally, JFS Wealth Advisors LLC grew its stake in shares of Dell Technologies by 204.6% in the 4th quarter. JFS Wealth Advisors LLC now owns 329 shares of the technology company's stock valued at $38,000 after buying an additional 221 shares during the period. Hedge funds and other institutional investors own 76.37% of the company's stock.

Insider Buying and Selling

In related news, Director V (Gp) L.L.C. Slta sold 453,321 shares of the business's stock in a transaction dated Monday, June 9th. The shares were sold at an average price of $114.99, for a total value of $52,127,381.79. Following the completion of the transaction, the director now owns 877,339 shares of the company's stock, valued at approximately $100,885,211.61. The trade was a 34.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Yvonne Mcgill sold 8,000 shares of the company's stock in a transaction that occurred on Wednesday, May 14th. The shares were sold at an average price of $110.80, for a total transaction of $886,400.00. Following the transaction, the chief financial officer now directly owns 245,804 shares in the company, valued at $27,235,083.20. The trade was a 3.15% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 851,905 shares of company stock worth $97,155,665 in the last quarter. Company insiders own 42.00% of the company's stock.

Dell Technologies Trading Down 3.5%

Shares of NYSE:DELL traded down $3.92 during midday trading on Friday, hitting $109.48. The stock had a trading volume of 5,121,351 shares, compared to its average volume of 9,364,909. The company has a market capitalization of $76.40 billion, a PE ratio of 19.34, a P/E/G ratio of 1.10 and a beta of 1.01. Dell Technologies Inc. has a 1 year low of $66.25 and a 1 year high of $161.52. The stock has a 50 day moving average price of $99.45 and a two-hundred day moving average price of $105.73.

Dell Technologies (NYSE:DELL - Get Free Report) last released its quarterly earnings data 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). The business had revenue of $23.38 billion during the quarter, compared to analysts' expectations of $23.17 billion. Dell Technologies had a negative return on equity of 191.91% and a net margin of 4.36%. The company's revenue was up 5.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.27 EPS. As a group, equities analysts expect that Dell Technologies Inc. will post 6.93 EPS for the current year.

Analysts Set New Price Targets

DELL has been the subject of a number of recent analyst reports. Evercore ISI reissued an "outperform" rating on shares of Dell Technologies in a research report on Thursday, May 29th. Mizuho lifted their target price on Dell Technologies from $140.00 to $145.00 and gave the company an "outperform" rating in a report on Monday, May 19th. UBS Group lowered their price target on shares of Dell Technologies from $150.00 to $145.00 and set a "buy" rating for the company in a report on Friday, May 30th. JPMorgan Chase & Co. increased their price objective on Dell Technologies from $111.00 to $125.00 and gave the company an "overweight" rating in a report on Friday, May 30th. Finally, The Goldman Sachs Group reduced their price target on shares of Dell Technologies from $165.00 to $145.00 and set a "buy" rating for the company in a research report on Monday, March 3rd. Three analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. According to MarketBeat.com, Dell Technologies has a consensus rating of "Moderate Buy" and an average target price of $138.00.

Dell Technologies 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).